All the headlines from our Construction Topic Page, ordered by recency.
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Feb 7 2011 // The South Carolina Supreme Court has ruled that insurers are not liable for damages caused by faulty workmanship under a contractor’s commercial general liability policy.The high court found that a builder’s...
Feb 7 2011 // A new Tennessee law is requiring all construction firm owners to register with the state if they choose to opt out of the state’s workers’ compensation system.The law is designed to protect general contractors...
Feb 7 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...
Feb 1 2011 // Zurich North America’s Commercial’s Construction business unit is introducing an integrated project lifecycle solution for Public- Private Partnership (PPP) projects.Zurich’s PPP integrated solutions...
Jan 31 2011 // Utah Senate Bill 35 is going after construction companies, requiring them to pay workers’ compensation and contribute to unemployment insurance and withholding taxes as long as their employees own less than 20...
Jan 27 2011 // Louisiana added 26,300 non-farm jobs in 2010 as it continued to plow through a slow economic recovery, state labor officials said.The state still had 42,200 fewer jobs last month, on a non-seasonally adjusted basis, than...
Jan 24 2011 // The South Carolina Supreme Court has ruled that insurers are not liable for damages caused by faulty workmanship under a contractor’s commercial general liability policy.In a recent ruling, the high court found that...
Jan 20 2011 // Chicago-based Ryan Specialty Group LLC (RSG) has launched Technical Risk Underwriters (TRU), a specialty managing general underwriter (MGU) focused on providing best in class underwriting for complex construction and...
Jan 20 2011 // Marsh has named Anthony Mastrolia leader of construction risk management within its U.S. construction practice. Mastrolia, who will be based in New Jersey, is a 35-year vertern of the insurance and risk management...
Jan 18 2011 // William Palumbo Insurance Agency, Inc. has formed a new division called Palumbo Construction Risk.The new division will have expanded resources tailor made to the unique exposures and servicing needs of companies within...