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...
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...