All the headlines from our Construction Topic Page, ordered by recency.
Jun 20 2022 // The role of the independent agent and broker is changing along with the construction sector. Going forward, construction clients need a specialist that understands the risks.This is not a segment for generalists,...
Jun 17 2022 // Tokio Marine Kiln reached an agreement with Intact Insurance Group USA LLC for the sale of Tokio Marine Highland’s (TMH) US construction division. The transaction is subject to customary regulatory approvals and is...
Jun 14 2022 // One person died in a construction accident in Boston last Thursday morning and a second person was taken to the hospital, police said.Officers responded to the city’s Seaport District at about 5:30 a.m. for reports...
Jun 8 2022 // Twelve people with seven construction companies in South Carolina, who pleaded guilty to paying workers in cash and shirking tax and workers’ compensation obligations, have avoided prison time.The U.S. Attorney for...
Jun 6 2022 // To counteract rising construction material costs that have increased about 26.7% the first four months of 2022, personal and commercial property insurers will continue to gradually increase rates, said Moody’s...
Jun 3 2022 // A Waukesha, Wisconsin construction and commercial real estate renovation company will pay $140,000 and furnish other relief to settle a lawsuit for racial harassment and retaliation brought by the U.S. Equal Employment...
Jun 1 2022 // A 23-year-old construction worker fell to her death from a 13th-floor balcony of a condominium complex in West Palm Beach, police said.Delores Yamileth Martinez-Ponce worked for a flooring company and was installing...
May 20 2022 // A huge fire set off by an explosion burned Thursday at a marine construction company in southeast Wisconsin.Three civilians and three firefighters were injured at Summerset Marine Construction in the small Waukesha County...
May 19 2022 // To counteract rising construction material costs that have increased about 26.7% the first four months of 2022, personal and commercial property insurers will continue to gradually increase rates, said Moody’s...
May 17 2022 // Louisiana has begun construction of a $67 million project to create miles (kilometers) of oyster reefs to protect the shoreline in a New Orleans suburb.Money for the Biloxi Marsh Living Shoreline comes from an $8.8 billion...
May 12 2022 // Canopius CUO Duffy to Retire Next YearCanopius Group, the London-based global specialty re/insurer, announced that, after nearly 17 years of service, Group Chief Underwriting Officer Mike Duffy will retire in 12...
May 6 2022 // An Oklahoma construction company faces proposed penalties of $370,347 after a U.S. Department of Labor Occupational Safety and Health Administration (OSHA) investigation found that the company failed to prevent a sudden...
Apr 7 2022 // TriMet is facing a $10 million lawsuit from the city of Portland, Oregon, for alleged deeply flawed work on a streetcar track, leaving it with major structural defects that could cost the city millions in repairs.Oregon...
Mar 28 2022 // A portion of a downtown Boston parking garage that was being demolished collapsed Saturday evening, killing a construction worker, officials said.Boston Emergency Medical Services confirmed one person was killed and a...
Mar 23 2022 // Two construction workers in Boynton Beach were killed Tuesday when a concrete wall they were installing fell and crushed them.One local TV news station said the fatalities happened when a construction crane collapsed at...
Mar 22 2022 // Plummer After a short time away, Robert Plummer has rejoined McGriff’s national construction practice, based in Birmingham. McGriff, an insurance brokerage and subsidiary of Truist Insurance Holdings, said Plummer...
Mar 22 2022 // Times are good for contractors, with an active market creating an abundance of work, increasing revenues, and business growth. In 2021, President Joe Biden signed a $1.2 trillion infrastructure bill and over the next five...
Mar 21 2022 // Betz to Lead New Applied Surety OperationApplied Underwriters continues its specialty lines expansion with the launching of Applied Surety Underwriters. Based in Houston, this new division will focus on large, commercial...
Mar 15 2022 // Insurance Office of America Names 6 Regional ExecutivesInsurance Office of America (IOA) is pleased to announce the appointment of six regional presidents to its leadership team. The appointees to regional president...
Mar 7 2022 // The Mississippi River hit a mark last week that bars most construction work near levees and triggers frequent inspections of those levees.The river edged two-hundredths of an inch (half a millimeter) above the trigger _ a...