UK Regulator Pushes Insurers to Cut Premiums for Fire-Risk Apartments July 19, 2022 By Katherine Griffiths and Jack Sidders Thousands of people living in high-rise apartments in Britain are set to get better deals on their property insurance following...
Iran Building Collapse Kills at Least 14 People May 26, 2022 By Nasser Karimi TEHRAN, Iran (AP) – Rescuers dug through debris Tuesday of a building collapse in southwestern Iran that killed at least...
UK Homebuilders Commit More Than £2B to Fix Fire Safety Issues April 18, 2022 By Jack Sidders Developers responsible for building half of the new homes in the UK have committed more than 2 billion pounds ($2.6...
Major British Housebuilders Pledge to Remove Flammable Cladding April 6, 2022 Four major British housebuilders have signed a government-backed safety pledge to remove flammable roof coverings from buildings which came into...
Markets/Coverages: Bundler Branch Adds 6 States; Pathpoint, Bold Penguin E&S Partnership; Rokstone Owners’ Interest Policy April 4, 2022 Auto, Home Insurance Bundler Branch Now Available in 25 States Branch, an insurance company that touts “instantly-bundled” home and auto...
People Moves: Argo’s Betz Leads New Applied Surety Team; Hartford’s Cushing Joins Zurich Construction; Hub Names Frattarola HNW Leader; Cline Succeeds Berg at ACT March 21, 2022 Betz to Lead New Applied Surety Operation Applied Underwriters continues its specialty lines expansion with the launching of Applied Surety...
People Moves: IOA Names 6 Regional Execs; DeFelice Heads Aon’s U.S. Construction; Stephens Named Cyber Leader at Allianz March 15, 2022 Insurance Office of America Names 6 Regional Executives Insurance Office of America (IOA) is pleased to announce the appointment of...
Vermont Governor Vetoes Registration, Insurance Requirement for Contractors February 14, 2022 Gov. Phil Scott last week vetoed a bill that proposed creating a framework for registering construction contractors, saying it would...
UK Orders Housebuilders to Pay $5B to Help Remove Dangerous, Flammable Cladding January 10, 2022 Britain has ordered housebuilders to pay around $5.4 billion to help remove dangerous cladding from buildings following a deadly 2017...
Berkley Forms Excess Liability Unit for Contractors; Names Starr’s Robinson President January 7, 2022 W.R. Berkley Corp. announced the formation of Berkley Construction Solutions to provide excess liability insurance for contractors throughout the construction...