All the headlines from our Construction Topic Page, ordered by recency.
Mar 18 2005 // U.S. business leaders came out in force this week to urge renewal of the federal Terrorism Risk Insurance Act and warn that market restrictions on terror insurance coverage are already beginning to be felt in the...
Mar 17 2005 // International Risk Management Institute (IRMI) has developed a new insurance designation for insurance agents, brokers, and underwriters who sell construction insurance. The Construction Risk and Insurance Specialist...
Mar 15 2005 // The domestic brokerage group of the AIG Companies has created AIG Construction Solutions, a consolidated practice that will serve as the central point of contact for domestic brokers and agents placing construction...
Feb 23 2005 // The United States Supreme Court has ruled that workers injured on dredges like one used in the Big Dig construction are not limited to workers compensation but may also sue the vessel’s owner for negligence.Writing...
Feb 16 2005 // Both structural and design faults caused a large section of the newly constructed Terminal 2E at Paris’ Charles de Gaulle airport to collapse last May, killing 4 people and injuring 3.An investigative commission...
Feb 14 2005 // Six people whose homes were destroyed by a spectacular fire nearly five years ago have been awarded more than $1 million by a Bergen County, New Jersey jury, which found that a developer’s negligence contributed to...
Feb 1 2005 // Aon Risk Services Inc. has been appointed by World Trade Center Properties LLC, an affiliate of Silverstein Properties Inc., as broker for insurance coverage related to the construction of the Freedom Tower in Lower...
Jan 24 2005 // Nuts & Bolts: Indemnity Excess & Surplus Agency is now offering an owners and tenants protective. This product offers premises liability coverage to an owner or tenant hiring a general contractor to perform...
Jan 24 2005 // More than 80 percent of small and large commercial property/casualty accounts and 90 percent of medium accounts found their insurance premiums either stable or down by as much as 20 percent during the fourth quarter of...
Jan 24 2005 // E&S Industry Returns to Familiar GroundNeither wind, nor rain nor the dark cloud of standard carriers returning to the marketplace will keep excess and surplus insurance writers from maintaining profitability. From...
Jan 24 2005 // Nuts & Bolts: Indemnity Excess & Surplus Agency is now offering an owner’s and tenant’s protective. This product offers premises liability coverage to an owner or tenant hiring a general contractor to...
Jan 2 2005 // A Navy plan to pay Gulf Coast shipbuilders about $1.7 billion for losses related to damages and construction delays from Hurricane Katrina may overstate the actual costs and could dampen efforts to collect insurance...
Dec 7 2004 // Northern California contractors and unions representing carpenters, laborers and operating engineers have formed a labor-management trust to administer a collectively bargained workers’ compensation carve-out...
Dec 1 2004 // Texas Mutual Insurance Company announced that the National Federation of Independent Businesses (NFIB) workers’ compensation purchasing group for the construction industry earned an $82,184 dividend. It was the...
Nov 26 2004 // The employer of two workers killed in a July construction accident on a Hobe Sound work site has been arrested and charged with workers’ compensation fraud, Florida’s Chief Financial Officer Tom Gallagher...
Nov 22 2004 // Voters in Colorado Nov. 2 overwhelmingly turned back an effort to amend the state’s constitution and gut a construction defects reform measure passed by the legislature last year. In a victory for consumers and the...
Nov 12 2004 // Massachusetts Attorney General Thomas F. Reilly said his office wants to know whether water accumulating on the underground roof of the Big Dig tunnels could damage the $14.6 billion roadway project, and who should be...
Nov 4 2004 // Voters in Colorado Nov. 2 overwhelmingly turned back an effort to amend the state’s constitution and gut a construction defects reform measure passed by the legislature last year. In a victory for consumers and the...
Oct 25 2004 // Workers’ compensation is a very complicated insurance. I know. I’ve worked for Texas Mutual Insurance Company’s premium audit department for 10 years. Prior to that, I was the director of the...
Oct 22 2004 // Santa Barbara, Calif.-based insurance brokerage firm Ogilvy-Hill Insurance announced the formation of a new construction division. The company has added 3 staff members to the division.Susan Shipp will serve as vice...