All the headlines from our Construction Topic Page, ordered by recency.
Jul 22 2002 // According to the Alliance of American Insurers, Nevada insurance regulators concerned about the availability of residential contractor’s liability insurance should not look to mandatory pools, but should develop a...
Jun 10 2002 // If you’re placing coverage for contractors, there are three factors that determine what obstacles you will encounter: location, location, location.The real question is whether it will stay that way or whether...
Jun 10 2002 // Mold may be getting all the attention at the moment as a major threat to insurers, at least in Texas and California, but another problem has wreaked havoc for homeowners, carriers, and contractors nationwide for several...
Jun 10 2002 // Mold may be getting all the attention at the moment as a major threat to insurers, at least in Texas and California, but another problem has wreaked havoc for homeowners, carriers, and contractors nationwide for several...
Jun 10 2002 // If you’re placing coverage for a client who is a contractor, there are three factors that determine what obstacles you will encounter: location, location, location. The real question, however, is whether it will stay...
Jun 10 2002 // Nuts & Bolts: CRC of Atlanta is offering a program for tough products, construction, OL&T $100,000 minimum. Brokerage business.Dollars: Policy limits of 1/2/2; $5,000 minimum deductibles; $75,000 minimum...
Jun 5 2002 // The Surety Information Office (SIO) inducted John D. Schramm, Michelle V. Orlando, Lawrence F. McMahon and Martin R. Brady, Jr. into the Tiger Trust, an honorary society of surety industry professionals who persuade...
May 31 2002 // Arizona’s governor signed a bill recently that will establish an alternative dispute resolution procedure for certain construction defect claims, providing a modicum of relief to a beleaguered construction industry,...
Apr 22 2002 // A bill making its way through the Colorado House would limit the damages available for civil actions arising out of construction defects and should be enacted as quickly as possible, according to the Alliance of American...
Apr 9 2002 // Builders, subcontractors, manufacturers and insurers need to work together to minimize the threat of construction defect exposures by promoting high-quality products and proven risk management techniques according to the...
Apr 9 2002 // Woodland, Calif. homeowners are likely to soon receive letters from their mortgage letters requiring them to purchase homeowners insurance, according to the Sacramento Bee.The Federal Emergency Management Agency (FEMA)...
Apr 8 2002 // Ohio-based Assurex Global, a privately held risk management and commercial insurance brokerage group, has expanded its worldwide presence with the addition of international broker partners in Lima, Peru and Tunis, Tunisia,...
Apr 8 2002 // Gov. Gary Locke has signed House Bill 2544 restricting insurers’ use of credit-based insurance scores. Earlier in the week, he signed Senate Bill 6409, providing an opportunity for corrective action to be taken...
Apr 4 2002 // Assurex Global Partners, the private organization of leading brokers and agencies, announced that it has expanded its worldwide presence with the addition of international broker Partners in Lima, Peru and Tunis, Tunisia,...
Mar 26 2002 // The Alliance of American Insurers is urging Washington Gov. Gary Locke (D) to sign SB 6409, which the organization believes will help reduce the rising costs of litigation faced by the state’s construction...
Mar 26 2002 // American International Group, Inc. (AIG) announced that the American International Companies has introduced AIG PowerBuild(SM), which provides a comprehensive package of insurance products and services designed for the...
Mar 25 2002 // Nuts & Bolts: M.E. James Surplus Lines Insurance Brokerage is making available a contractors program for construction trades and service. Endorsements – damage to your work, pollution extension.Dollars: Policy...
Feb 26 2002 // Despite calls for more overall planning of the WTC site, Larry Silverstein is pushing ahead with plans to start construction to rebuild No.7 World Trade Center, which collapsed several hours after the twin towers on Sept....
Dec 24 2001 // In what became one of the most significant, traumatic and challenging years in U.S. history, the insurance industry, along with the rest of the nation, has had to come to terms with the terrorist attacks perpetrated...
Oct 23 2001 // Jay Fishman, chairman and CEO of The St. Paul Companies announced that Robert J. Lamendola was promoted to executive vice president. Lamendola will continue to serve as president of The St. Paul’s Global Surety and...