Latest Construction Headlines

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

Willis Appoints Jurss as SVP, Professional Liability for Construction Practice

Jun 9 2011 // Willis North America named Keith Jurss as senior vice president, professional liability, Willis Construction Practice. In this role, Jurss will be responsible for leading professional resources for North America within the...

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Jun 6 2011 // New Jersey-based New Day Underwriting Managers promoted John Heft to senior vice president and director of its real estate practice. The 20-year industry veteran joined New Day in 2006, and has developed and managed the...

Shields Named Construction Leader at William Palumbo

May 26 2011 // Central Massachusetts-based William Palumbo Insurance Agency has named William “Bill” S. Shields leader of its construction risk division. A veteran of the construction industry, Shields began his career at...

New Orleans Construction Product Supplier Settles in Chinese Drywall Suit

Apr 27 2011 // A settlement agreement has been reached with a New Orleans, La.-based supplier of tainted Chinese drywall in the multi-district litigation (MDL 2047) over the product.Interior/Exterior Building Supply L.P. and the...

Growth of Clean Tech Industry Delivers New Exposures, Opportunities

Apr 18 2011 // Backed by government policy and growing public support, demand for technology that is both clean and sustainable has increased substantially in the United States, Europe, Asia and other parts of the world over the last...

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Apr 4 2011 // The Obama administration has officially named Illinois state insurance regulator Michael McRaith to head the new Federal Insurance Office. McRaith, currently the head of the Illinois Department of Insurance, will run the...

Growth of Clean Tech Industry Delivers New Exposures, Opportunities

Apr 4 2011 // Backed by government policy and growing public support, demand for technology that is both clean and sustainable has increased substantially in the United States, Europe, Asia and other parts of the world over the last...

South Carolina Moves Forward with Construction Defect Bill

Apr 1 2011 // Insurers in South Carolina may find themselves on the losing side over a battle to prevent construction defects from being covered under a general commercial liability (CGL) policy.The South Carolina Senate has approved a...

Marsh Expands U.S. Construction Practice

Mar 17 2011 // Marsh has appointed two veteran insurance brokers to its U.S. Construction Practice.Joining the practice are Scott Hull as Managing Director in Birmingham, Alabama, and Karen Reutter as senior vice president in...

Kentucky Condo Owners Await Ruling Over Shoddy Construction

Mar 15 2011 // A group of condominium owners in northern Kentucky is hoping a judge’s ruling will give them an opportunity to collect several million dollars from a defunct construction company they say did shoddy work on their...

RISC Opens Energy, Construction Programs to Wholesale Brokers

Feb 25 2011 // RISC, Inc.’s exclusive nationwide programs for energy and construction are now open for access by other wholesale brokers. RISC offers these specialty programs through “A” rated carriers on an admitted...

Chartis Increases Construction Project Capacity to $125 Million

Feb 24 2011 // The Chartis insurers have increased net and treaty capacity for construction projects from $100 million to $125 million from the Global Marine and Energy Property unit of its Global Marine and Energy Division. This...

Service Economy Encouraging, Obesity Discouraging for Workers’ Comp

Feb 21 2011 // I believe that one of the favorable trends impacting workers’ compensation in the decades ahead will be driven by our service based economy. There will be relatively fewer manufacturing and construction injuries for...

Insurers Oppose South Carolina Bill on Construction Defects

Feb 21 2011 // Insurers have come out against a move by South Carolina lawmakers to extend general liability policies to include construction defects. The Property Casualty Insurers Association of America (PCI) says such a move would add...

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Feb 21 2011 // Lloyd’s of London has appointed Rodney Smith to serve as the regional director for Lloyd’s newly established Southeast region. Smith will be based in Atlanta, Georgia and be responsible for market development...

Mood on Main Street: Agents on Hardest Hit Small Businesses

Feb 17 2011 // Agents across the country — except in Texas and neighboring states — agree that construction and related trades have been hardest hit by the recession. Restaurants appear to be the second hardest hit.In terms of lines...

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Feb 10 2011 // Cincinnati, Ohio-based Great American Insurance Group’s Property and Inland Marine Division has promoted two insurance executives: Grace Thomas and Cecil Wilson.Thomas was promoted to divisional senior vice...

Two Workers Die After New York Construction Site Fall

Feb 10 2011 // Two ironworkers died Tuesday morning after they fell from a fifth floor through an open elevator shaft at a church construction site where they were installing steel, New York City authorities said.Brett McEnroe, 49, of...

Insurers Oppose South Carolina Bill on Construction Defects

Feb 9 2011 // Insurers have come out against a move by South Carolina lawmakers to extend general liability policies to include construction defects.The Property Casualty Insurers Association of America (PCI) says such a move would add...

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Feb 7 2011 // OneBeacon Technology Insurance appointed Mary Fisk-Bieker as vice president and central and eastern territories underwriting manager. She brings more than 25 years of insurance experience to OneBeacon, 23 years of which...