September 5, 2024
A public inquiry into the devastating 2017 London Grenfell Tower blaze concluded on Wednesday that a “culmination of decades of failure” by the government and the construction industry ultimately led to the disaster that killed 72 people. The report detailed …
September 5, 2024
A public inquiry into the devastating 2017 London Grenfell Tower blaze that killed 72 people blamed the disaster on failings by the government, construction industry and, most of all, the firms involved in fitting the exterior with flammable cladding. The …
June 4, 2024
Chartered insurance broker Verlingue Ltd. has established a new dedicated construction practice to serve the UK’s fast-growing construction industry. The practice, led by Harvey Monk, sales director South, brings together a team of specialists from across Verlingue in one streamlined …
May 8, 2024
Full repairs to three submarine internet cables damaged in the Red Sea in February are being held up by disputes over who controls access to infrastructure in Yemeni waters. The Yemeni government has granted permits for the repair of two …
May 3, 2024
Marsh McLennan Agency, a subsidiary of Marsh, reported it has acquired AC Risk Management (ACRM), an independent commercial lines brokerage based in Melville, New York. Terms of the acquisition were not disclosed. Founded in 2012, ACRM primarily offers property/casualty insurance …
April 9, 2024
Acies MGU, the London-based managing general underwriter and MGA incubator, announced the launch of Phoenix Specialty, a specialist MGA serving the construction sector. Phoenix will be led by managing director Tim James, subject to regulatory approval. James led the successful …
March 19, 2024
California-based independent insurance broker Woodruff Sawyer announced it is expanding its East Coast footprint with the addition of six executives formerly with insurer Acrisure. According to the announcement, Matthew Kelly, Robert Trager, Bob Kempner, Chris Iovino, Eric Wagner, and Michael …
November 20, 2023
For nearly a week, 40 workers have been trapped in an under-construction tunnel after a landslide demolished its entrance, derailing a major connectivity development in India’s mountainous state of Uttarakhand. Since Nov. 12, rescue teams have employed a slew of …
September 6, 2023
Tests are being carried out to determine whether the UK Houses of Parliament contain the form of crumbling concrete that caused ministers last week to tell more than 100 schools to close buildings. Surveyors are investigating if any parts of …
July 31, 2023
As authorities continue to investigate a crane collapse that rained thousands of pounds of steel debris onto a busy Manhattan thoroughfare Wednesday, the owner and operator of the failed crane are facing scrutiny over past safety failures. The tower crane, …