All the headlines from our Construction Topic Page, ordered by recency.
Jul 15 2014 // “Overcapacity in the international construction, property & casualty markets in the first half of 2014 has resulted in rate reductions of up to 30 percent for commercial insurance buyers,” according to a...
Jul 11 2014 // Willis Group Holdings, global risk adviser, insurance and reinsurance broker, has appointed Keith Chapman as Regional Construction Industry Leader for the Middle East. He is based in Dubai and his “primary...
Jul 8 2014 // According to catastrophe modeling firm AIR Worldwide, at about 6:30 am local time yesterday, July 7, a powerful M6.9 earthquake struck near the border of Mexico and Guatemala near the town of Puerto Madero, Mexico, at a...
Jul 7 2014 // The frequency and cost of natural disasters in the United States has increased exponentially in the past two decades. The cost to property, life and the economy is pushing the issue to the top-of-minds for many in...
Jun 26 2014 // The Port Authority of New York and New Jersey approved a financing agreement for Larry Silverstein’s 3 World Trade Center that allows him to use $159 million of insurance proceeds to expedite construction.The...
Jun 16 2014 // Surviving a tornado in a wood-frame residential home is enhanced by an intact roof and standing walls, but light-weight garage doors can be the weak link to allowing high winds and pressure changes into a home that can...
Jun 16 2014 // The number of U.S. single family home sales attributed to flipping is on the decline but that isn’t deterring investors.Despite the percentage of flipped homes shrinking to 3.7 percent of the total homes sold, the...
Jun 12 2014 // Continuing with its rapid expansion, Berkshire Hathaway Specialty Insurance is moving into the surety market, focusing on contract surety business. The company has appointed Geoff Delisio as senior vice president of...
Jun 9 2014 // Dallas, TX – June 9, 2014 – U.S. Risk Insurance Group, Inc., the eighth largest managing general agency and surplus lines wholesaler in the nation, announced that U.S. Risk Pros, the Professional Liability...
Jun 6 2014 // The Tennessee Department of Labor has been expanding efforts to uncover employer fraud within the construction industry.The efforts, aided by recent legislation, will help identify employers who are paying workers under...
May 28 2014 // Aon Risk Solutions, the global risk management business of Aonplc, has added Lori Robinett to its Dallas office as senior vice president and brokerage practice leader for the construction services group.Robinett will...
May 20 2014 // With the recession over, Minnesota construction companies are scrambling to fill open jobs.The state’s construction industry shed tens of thousands of jobs during the housing crash, but it’s booming again....
May 8 2014 // Vermont Gov. Peter Shumlin helped construction crews pour one of the first concrete footings Tuesday in what will become the new state office complex, replacing a series of buildings that became unusable after flooding...
May 6 2014 // Gary Windsor has joined Aspen US Insurance as senior vice president of Energy and Construction. Reporting to Tony Carroll, executive vice president, Marine, Energy, and Construction, Windsor will be based in Miami and be...
May 2 2014 // Allied World Europe has launched an Onshore Construction insurance line of business and appointed Alf Müller as senior vice president to lead the team. He will be responsible for building the line of business and...
Apr 30 2014 // Construction workers have the deadliest job in the state, according to the Kentucky Labor Cabinet. The cabinet said that since 2011, the construction industry had 21 deaths, followed by landscaping/tree services workers...
Apr 21 2014 // According to catastrophe modeling firm AIR Worldwide, on the morning of April 18, 2014, a M7.2 earthquake struck southwestern Mexico, 37 km [23 miles] north of the municipality of Tecpán de Galeana (approximate population...
Apr 15 2014 // People are driving less, and their vehicles have become more fuel efficient.While those might be considered positive trends, a potential decline in gas-tax revenue is one reason the Oregon Department of Transportation says...
Apr 9 2014 // A plan to build a skyscraper near Liverpool Street railway station, slated to be the tallest in the City of London, may be revived this year as rising occupancy rates in the financial district draws investors, according to...
Apr 7 2014 // An insurance company has been told to pay $12.4 million to the owners of a West Des Moines, Iowa, apartment complex that was plagued with water leaks and mold.Construction of the Westlake apartments began in 2002. Westlake...