Latest Contractors Headlines

All the headlines from our Contractors Topic Page, ordered by recency.

E&O Insights: Hotspots to Consider When Insuring Construction Risks

Jan 10 2011 // Although the economy has taken its toll on the construction industry, the majority of insurance agencies probably insure a contractor or two. There is no doubt this class of business has caused its share of errors and...

Federal Audit Rips Spending for Texas Hurricane Cleanup

Dec 31 2010 // A scathing audit by the federal Department of Homeland Security questions whether some $45 million in public money was properly spent to remove debris in the cleanup of Chambers County, one of the Southeast Texas counties...

Contractor’s Blow Torch Starts $2M Fire at D.C. School

Dec 28 2010 // Interim D.C. Schools Chancellor Kaya Henderson says damage to a northwest Washington school is severe after a three-alarm fire, and plans are being made to move students elsewhere when they return in January.D.C. Fire...

RLI To Acquire Contractors Bonding Insurance Co.

Dec 23 2010 // Peoria, Ill.-based RLI Corp. announcedthat it will acquire Contractors Bonding Insurance Co. (CBIC) through an acquisition of its holding company, Data and Staff Service Co. (DSS) for approximately $137 million in cash....

Sore Losers Don’t Always Win

Nov 14 2010 // The online Urban Dictionary defines a “sore loser” as “someone who loses in a fair competition but whines about it on a constant basis, blaming everyone around them for their loss except...

Kentucky Contractors’ Self-Insurer to Return $11 Million Dividend

Nov 4 2010 // The Kentucky Associated General Contractors Self Insurers’ Fund, a provider of workers’ compensation insurance, said it will return $11.3 million in dividends to its qualifying membership in March of 2011. The...

5 Risk Management Tips for Design Firms

Nov 1 2010 // As the difficult economy forces architects and engineering firms to focus their resources on keeping their firms afloat, risk management is taking a backseat. This dangerous trend means insurance brokers and carriers have...

5 Risk Management Tips for Design Firms

Nov 1 2010 // As the difficult economy forces architects and engineering firms to focus their resources on keeping their firms afloat, risk management is taking a backseat. This dangerous trend means insurance brokers and carriers have...

5 Risk Management Steps to Recommend to Design Firms

Nov 1 2010 // As the difficult economy forces architects and engineering firms to focus their resources on keeping their firms afloat, risk management is taking a backseat. This dangerous trend means insurance brokers and carriers have...

5 Risk Management Tips for Design Firms

Nov 1 2010 // As the difficult economy forces architects and engineering firms to focus their resources on keeping their firms afloat, risk management is taking a backseat. This dangerous trend means insurance brokers and carriers have...

5 Risk Management Tips for Design Firms

Nov 1 2010 // As the difficult economy forces architects and engineering firms to focus their resources on keeping their firms afloat, risk management is taking a backseat. This dangerous trend means insurance brokers and carriers have...

New York AG Sues FedEx Over Independent Contractor Classifications

Oct 25 2010 // New York Attorney General Andrew Cuomo is suing Federal Express’ ground package delivery unit, alleging its classification of drivers as independent contractors illegally deprives them of legal protections workers...

Navigators to Offer Online Pollution Liability Coverage for Small Contractors

Oct 22 2010 // Navigators Management Co., Inc., has introduced an online platform offering pollution liability insurance for small general service and trade contractors. Agents and brokers can obtain real-time bindable quotes for...

Builder Agent Network Launches Package Policy for Artisan Contractors

Oct 15 2010 // The Builder Agent Network has expanded their offerings available to Texas home builders and general contractors to include trade contractors. Builder Agent Network (BAN) is a managing general agent for several insurance...

AmTrust Launches Contractors General Liability Program

Sep 27 2010 // AmTrust North America, a business unit of AmTrust Financial Services Inc. has formed a contractors general liability insurance program, a new underwriting classification available exclusively to licensed wholesale surplus...

PartnerOne, Berkley Environmental Launch Small Business Program

Sep 23 2010 // PartnerOne Environmental, Beacon Hill Associates’ underwriting division, has established a partnership with Berkley Environmental, a Divisional of Berkley Specialty Underwriting Managers, servicing small to middle...

Court: Government Contractor Not Immune to New Orleans Levee Suit

Sep 17 2010 // A government contractor isn’t immune from claims that it performed shoddy work that resulted in the failure of a New Orleans levee system during Hurricane Katrina, a federal appeals court has ruled.This week’s...

E&O Insights: Insuring Contractors

Sep 6 2010 // If you are running an agency, there is a pretty good chance you insure a contractor or two – whether they are your traditional artisan contractors or a class of contractors that falls outside the artisan definition....

Zurich Introduces Enhanced Professional Liability Coverage for Contractors

Aug 19 2010 // Zurich has introduced an enhanced professional liability policy aimed at mid-sized and large construction customers.“The coverage is designed for the professional exposures of a construction manager, whether offered...

BP Oil Spill Disaster Creates Some Opportunities

Aug 12 2010 // No matter which television channel or Web site you turn to, the Gulf oil spill has dominated the news. This is an environmental crisis that will affect the region’s economic capabilities and natural resources for...