Latest Construction Headlines

All the headlines from our Construction Topic Page, ordered by recency.

Italy, Southeast France Hit by Heavy Rains, Floods: AIR Analysis

Nov 15 2011 // Catastrophe modeling firm AIR Worldwide has issued a report on the heavy rains, which caused widespread flooding in France and Italy during the first week of November.The storms were caused by a “low pressure system...

Top 10 Risky Industries to Avoid

Nov 7 2011 // As the United States inches toward recovery, there are several industries that aren’t expected to improve along with the rest of the economy. In a risk analysis of U.S. industries, industry research firm IBISWorld...

North Dakota Checking for Workers’ Comp, Licenses at Construction Sites

Nov 3 2011 // A state task force in North Dakota is conducting random compliance checks at various construction sites to see if contractors have the proper licensing, workers’ compensation insurance coverage and are complying with...

AIR Gives Preliminary Analysis of Peru Quake Losses

Oct 31 2011 // In a bulletin released shortly after the earthquake in Peru, Catastrophe modeling firm AIR Worldwide said that “given the relatively sparse population in the epicentral area and the fact that insurance penetration is...

Sena Named Account Executive at Willis Construction Northern California

Oct 27 2011 // Brian Sena has been appointed account executive of Willis Construction Practice and made responsible for account management on key construction accounts in Northern California, the company announced on Thursday. Sena will...

Willis Expands North America Construction Practice

Oct 27 2011 // Willis North America made a series of key appointments to its construction practice.John Nissley has been appointed practice leader for Willis’ construction practice in Pittsburgh, Pa., where he will oversee the...

Inconsistency Is the Norm in Construction Liability Coverage

Oct 17 2011 // In construction liability insurance, there is a great deal of inconsistency in determining whether faulty workmanship is an occurrence. The answer is all over the map, according to Finley Harckham, a veteran insurance...

New MGA Targeting U.S. Homebuilders Formed in California

Oct 17 2011 // Two veterans in the London insurance marketplace have come together again to launch an underwriting agency with a focus on U.S.-based homebuilders.Paul Jansen and Kevin Hastings have launched Cove Programs Insurance...

Florida Weighs Workers’ Comp Hike, Cost of Doctor-Dispensed Drugs

Oct 13 2011 // Florida employers could have to pay more in workers’ compensation premiums if regulators go along with a proposed statewide average 8.9 percent rate hike. The rate change may also trigger legislative action to clamp...

Jansen and Hastings Launch Cove MGA

Oct 6 2011 // Two veterans in the London insurance marketplace have come together again to launch a new underwriting agency with a focus on U.S.-based homebuilders.Paul Jansen and Kevin Hastings have launched Cove Programs, a newly...

Construction Workers Settle in Collapse of Georgia Walkway

Oct 6 2011 // An attorney for workers who sued over the collapse of an elevated walkway under construction in the treetops at the Atlanta Botanical Garden said settlements totaling more than $15 million have been reached in the case.A...

Lockton Hires New Producer for D.C. Brokerage Team

Oct 4 2011 // Lockton Companies, a Kansas City, Mo.-headquartered insurance broker, hired Jenna Kirkpatrick Howard for its Washington, D.C., brokerage team as a producer. Prior to joining Lockton, she was construction practice leader in...

Safety Group Says Conn. Blast Shows Need for ‘Gas Blow’ Rule

Sep 29 2011 // A national safety group is urging states and regulators to adopt new standards that would ban a pipe-cleaning practice blamed for a 2010 Connecticut power plant explosion that killed six workers.The National Fire...

Associated Builders and Contractors, CNA Partner to Advance Construction Safety

Sep 20 2011 // Associated Builders and Contractors (ABC) and CNA’s Construction unit have partnered to advance industry best practices in the field of construction safety. During this three-year partnership, scheduled to launch...

People

Sep 19 2011 // XL Insurance has made six key appointments to its North America Construction team. The latest additions to XL Insurance’s North America construction team include:Lawrence Lejfer — Vice president and senior...

Louisiana Court Orders Injunction Against Insurance Fraud Ring

Sep 9 2011 // Insurance regulators in Louisiana say a court has ordered a permanent injunction against members of an insurance fraud ring, banning them from further involvement in the insurance business in that state.Louisiana Insurance...

What’s in a Name?

Sep 5 2011 // Preparing for an Insurance Journal Academy of Insurance bonding seminar, I studied the American Institute of Architect’s bond forms again. The first one I eyed was the A310, the bid bond form, which was revised in...

People

Sep 5 2011 // Lee Stacey has been appointed president and chief executive officer of Britton-Gallagher & Associates Inc., one of Ohio’s largest privately owned insurance brokers. He assumes many of the current duties of Bruce...

Essentials: Be Careful What You Say When Issuing a Binder

Sep 5 2011 // Insurance binders are contracts of temporary insurance pending the issuance of a formal policy or proper rejection of the application by the insurer. The binder serves only as a temporary or interim policy until a formal...

Investors Placed Their Bets On Hurricane Irene

Aug 28 2011 // While people in New York and the rest of the U.S. East Coast on Friday were buying batteries and water ahead of Hurricane Irene, some investors were more focused on placing their bets just in case this really is “the...