All the headlines from our Construction Topic Page, ordered by recency.
Dec 13 2021 // Spanish insurer Mapfre on Friday signed a contract to make a $983.8 million contingency pay-out to Colombia’s Empresas Publicas de Medellin (EPM) over issues with the construction of the massive Hidroituango dam.The...
Dec 8 2021 // This edition of International People Moves details appointments at Willis Towers Watson, Chubb and Mosaic Insurance.A summary of these appointments follows here. WTW Hires AIG’s Dasan for Construction and Natural...
Dec 3 2021 // A federal judge in Miami sentenced four men to at least two years in prison each for a scheme that sold worthless construction bonds for major building projects in 2015.Working under the name of Hampton Investment Fund,...
Dec 2 2021 // The global construction industry’s risk landscape will be transformed by radical changes in design, materials and processes as the industry enters a sustained period of strong growth.The post-Covid-19 growth will be...
Nov 30 2021 // Applied Specialty Underwriters has launched a new infrastructure and construction practice and named Christopher Day as president. Additionally, John Schlosser has been named to lead the infrastructure underwriting...
Nov 17 2021 // A Miami lawsuit charges that a luxury condominium tower built just a few feet away from Champlain Towers South caused structural damage to the already ailing building in Surfside, leading to the collapse that killed 98...
Nov 17 2021 // Baldwin Krystyn Sherman Partners LLC (BKS Partners) entered into an agreement to acquire all the outstanding equity interests of Construction Risk Partners LLC (CRP). The transaction is expected to close on or around...
Nov 4 2021 // The owner of a now-defunct Peabody, Massachusetts, construction company pleaded guilty in connection with a scheme to defraud the IRS of payroll taxes and to defraud his workers’ compensation insurance carrier by...
Oct 18 2021 // By L.S. HowardClimate change and the race to net zero greenhouse gas emissions (net zero) are arguably the greatest challenges that face the construction industry — but will drive new opportunities, according to a...
Oct 15 2021 // For the sixth time in seven years, a federal workplace inspection has found a Roselle, Illinois, construction contractor putting workers at risk of serious injury or death by defying federal requirements to ensure the use...
Oct 13 2021 // A construction worker was critically injured in a three-story fall down an elevator shaft at a New Jersey construction site, authorities said. Chief Michael Foligno of the Elmwood Park, New Jersey, police department said...
Oct 8 2021 // The Florida Supreme Court on Thursday handed down no insurance-related opinions in its regular weekly posting and did not report a long-awaited decision on an insurance defense attorney charged with coaching a witness...
Oct 1 2021 // Climate change and the race to net zero greenhouse gas emissions (net zero) are arguably the greatest challenges that face the construction industry – but will drive new opportunities, according to a report published by...
Sep 30 2021 // Built Technologies, a construction industry-focused financial-technology startup, has more than tripled its valuation to $1.5 billion after raising $125 million in an equity funding round led by TCV.Brookfield Technology...
Sep 28 2021 // Mosaic Expands Cyber Team in UKBermuda-based Mosaic Insurance has expanded its cyber-security business line internationally, with the addition of new team members to its UK-based unit. The specialty insurer began...
Sep 21 2021 // This edition of International People Moves details appointments at Liberty Specialty Markets, Amwins Global Risks and Lockton Re.A summary of these new hires follows here. Liberty Specialty Markets Appoints AXA XL’s...
Sep 20 2021 // The coronavirus pandemic forced most individuals and businesses to stand still for a moment in time, a pause that was challenging for many and cost jobs, income and growth. While many industries are transitioning back to...
Sep 17 2021 // This edition of International People Moves covers London-based appointments at Beazley, Allianz Global Corporate & Specialty (AGCS) and Marsh.A summary of these promotions and new hires follows here. Insurer Beazley...
Sep 14 2021 // Joseph Fagan has been promoted to account manager within the environmental and construction professional (ECP) practice of RT Specialty. He is based in RT ECP’s Hamilton, New Jersey, offices.Since joining the company...
Sep 14 2021 // This edition of International People Moves details appointments at three brokers: BMS, Oneglobal Broking and Miller.A summary of these new hires follows. BMS Australia Names Gallagher’s Van Dugteren, Aon’s...