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Northeast Firms to Pay $1.37M to Settle Claims of Shoddy Runway Construction
Jul 3 2025 // Contractors from Maine, Connecticut and New York will pay $1.37 million to resolve allegations concerning false claims for payment related to the rehabilitation of a Westfield-Barnes Regional Airport runway in Westfield,...
Eighth Circuit: Travelers Doesn’t Owe in Missouri Apartment Construction Delay Case
Jun 18 2025 // A real estate investment firm isn’t covered for losses of rental income and soft costs over a delayed Missouri apartment construction project after the Eighth Circuit determined the firm’s status as an...
Markets/Coverages: Marsh Launches €1B Facility for Data Center Construction Projects
Jun 16 2025 // Marsh, the insurance brokerage business of Marsh McLennan, announced the launch of Nimbus, a new insurance facility providing clients with comprehensive cover for the construction of large-scale data centers across the UK...
Construction Sector: Data Centers Help Power Optimism Despite Uncertainty Over Economy
Jun 16 2025 // Construction insurance specialists cite a number of factors in describing the 2025 construction industry as a market in transition. There is uncertainty about the year’s economic outlook, potential impacts of tariffs...
What to Know About Construction and Environmental Liability
Jun 16 2025 // How do per- and polyfluoroalkyl substances (PFAS) impact the environmental liability market in construction, or do they? Do all contractors need environmental liability coverage? And if so, how can agents and brokers...
Billion-Dollar Carolina Battery Plant Pauses Construction Amid Tariff Uncertainty
Jun 6 2025 // A Japanese company has halted construction on a $1.6 billion factory in South Carolina to help make batteries for electric BMWs, citing “policy and market uncertainty.” While AESC didn’t specify what...
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