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...
Insurer Mapfre to Make $983.8M Pay-out for Construction Issues With Colombia Dam December 13, 2021 By Luis Jaime Acosta Spanish insurer Mapfre on Friday signed a contract to make a $983.8 million contingency pay-out to Colombia’s Empresas Publicas de...
Construction Industry Faces ‘New Age’ Risks Along with Strong Growth Outlook December 2, 2021 The global construction industry’s risk landscape will be transformed by radical changes in design, materials and processes as the industry...
Death Toll Rises to 23 From Collapse of High-Rise Building in Nigeria November 5, 2021 By Chinedu Asadu LAGOS, Nigeria (AP) – The death toll from the collapse of a high-rise apartment building under construction in Nigeria’s most...
Lagos Building Collapse Kills at Least 10; Scores Reported Missing November 2, 2021 By Nneka Chile and Seun Sanni LAGOS – Rescuers on Tuesday dug through rubble searching for survivors a day after a luxurious high-rise building collapsed while...
Repairing Mexico City’s Collapsed Metro Could Cost $40M: Grupo Carso October 27, 2021 MEXICO CITY – Mexican billionaire Carlos Slim’s Grupo Carso said the cost of repairing a collapsed section of a Mexico...
Global Construction Industry Faces Climate Change Challenges, Opportunities: Marsh October 1, 2021 By L.S. Howard Climate change and the race to net zero greenhouse gas emissions (net zero) are arguably the greatest challenges that face...