All the headlines from our Construction Topic Page, ordered by recency.
Oct 18 2007 // Fireman’s Fund Insurance Co. announced the introduction of new green amendments to its builders risk insurance policy.New green buildings undergoing construction and existing buildings undergoing green renovations...
Oct 10 2007 // The New York City Fire Department has uncovered more than 120 fire hazards and shut down construction sites at twice the normal rate since it restarted its inspections program less than two months ago.After a deadly blaze...
Sep 28 2007 // In memos written months before a fire at a condemned ground zero skyscraper killed two firefighters, a former construction chief urged the state owners to add staff and funding to the project to ensure it was safe.The...
Sep 24 2007 // The Supreme Court also disagreed with the district court’s common sense ruling that faulty workmanship that damages the property of a third party is a covered “occurrence,” whereas faulty workmanship that...
Sep 24 2007 // The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) fined four construction companies $119,550 following an investigation into fatality at a Dallas, Texas, worksite.OSHA announced it...
Sep 20 2007 // San Diego-based Coronado Insurance Wholesale Services has added a new admitted general liability market for contractors working in California, Colorado, Arizona, Nevada and Florida. Program features include ISO 12 04...
Sep 11 2007 // Lindsay Contreras has been named vice president of Dallas-based National Construction Insurance Services, a member of Texans Insurance Group. NCIS is the MGA for the SIA Insurance Company RRG Ltd., a Bermuda-based risk...
Sep 10 2007 // Aon Construction Services Group, the construction risk management arm of Aon Corporation recently appointed Vincent Zegers as managing director, National Property Solutions. In his new position Zegers will be responsible...
Sep 5 2007 // XL Insurance, the global insurance operations of Bermuda’s XL Capital Ltd, has announced an increase of its underwriting capacity for construction projects, from $40 million to $100 million per project. John...
Sep 3 2007 // With the tidal wave of legal cases involving construction defects bogging down county, state and federal courts, it has become imperative that insurers “cover their behinds” from every imaginable angle —...
Aug 1 2007 // Rental housing programs for storm-damaged south Louisiana won’t rebuild as many rental units as state officials had hoped because of skyrocketing construction and insurance costs, a Louisiana Recovery Authority...
Jul 9 2007 // Sloan Mason announced it has new admitted market for California construction contractors performing commercial operations with limited residential work. Coverage is available from a “A+” XV rated carrier for...
Jul 2 2007 // For architects and engineers (A&E) the new mantra is: “They want it done better, cheaper, and faster,” according to Mark Henderson, architects and engineers product line manager for Chicago-based Shand...
Jul 2 2007 // New capacity enters the market, but terms and conditions not easy for manyThe rest of 2007 will continue to be a difficult time for developers and builders to secure builder’s risk insurance for their projects, at...
Jul 2 2007 // But overall, construction market looks ‘optimistic,’ Willis exec saysToday’s construction underwriters and their claim departments may not be following the same blueprint on issues of coverage...
Jul 2 2007 // Historically, California has operated under the Uniform Building Code as modified by the state and adopted as the “California Building Code,” then adopted by local municipalities. Now, the International...
Jul 2 2007 // For architects and engineers (A&E) the new mantra is: “They want it done better, cheaper, and faster,” according to Mark Henderson, architects and engineers product line manager for Chicago-based Shand...
Jul 2 2007 // Owners of construction projects increasingly have concerns separate from those of their contractors or design architects and engineers when it comes to liability insurance.Jacobus (Jaap) Vrolijk, vice president within...
Jul 2 2007 // Today’s construction underwriters and their claim departments may not be following the same blueprint on issues of coverage interpretation for losses involving general liability and property damage claims, says Paul...
Jul 2 2007 // The rest of 2007 will continue to be a difficult time for developers and builders to secure builder’s risk insurance for their projects, at least in catastrophe prone regions. But outside of coastal areas and...