All the headlines from our Construction Topic Page, ordered by recency.
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...
Oct 2 2001 // LoJack Corporation, producers of a widely used stolen vehicle recovery technology utilized by law enforcement and security organizations, and The St. Paul Companies, a commercial property-liability insurance company, are...
Sep 30 2001 // The St. Paul Companies announced the formation of the Global Surety and Construction Group. According to the group’s newly appointed President Robert J. Lamendola, the formation of the Global Surety and Construction...
Sep 10 2001 // The American Insurance Association (AIA) reported that insurers and builders are applauding a unanimous decision by the Washington Supreme Court to reaffirm the statute of repose barring construction defect lawsuits six...
Sep 10 2001 // The last day of the 2001 California legislative session, Sept. 14, is rapidly drawing near. Among the remaining bills whose fate hangs in the balance are two which, if passed, would have varying degrees of impact on...