Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
OSHA, State Probe New York’s Latest Crane Collapse
Jul 24 2016 // State and federal officials are investigating what caused a huge construction crane to collapse across the Tappan Zee Bridge north of New York City, an accident that somehow caused no serious injuries but added to a list...
Chubb Launches Biogas & Solar (Cleantech) Insurance Solution in UK & Ireland
Jul 22 2016 // Chubb has launched a new insurance proposition for biogas and solar plants, projects or facilities, in the UK and Ireland as it continues to expand its cleantech offering. Biogas and solar are playing an increasing role in...
Miraculously, No One Seriously Hurt in Crane Collapse onto Tappan Zee Bridge at Noon
Jul 21 2016 // Most of the lanes of the Tappan Zee Bridge north of New York City have reopened after a crane collapsed across the entire width of the bridge on Tuesday, but transportation officials were still advising motorists to plan...
CNA Appoints Childs as VP of Underwriting for Construction
Jul 21 2016 // CNA has appointed Rick Childs to the post of vice president of underwriting for the company’s construction segment. In this role, he will partner with product line managers, risk control, claims and the worldwide...
Nearly $1M in Stolen Construction Equipment Found in Chicago Home
Jul 18 2016 // Chicago police are asking people who’ve had construction equipment stolen in recent months to report to a West Side district station to identify items allegedly found in a man’s home. Police say investigators...
Construction Firm Sentence for New York Worker’s Death: Pay for Public Announcements
Jul 15 2016 // A construction company convicted in the death of a worker in a New York trench collapse has been sentenced to fund a series of worker safety public service announcements. But an attorney for Harco Construction LLC told a...
Identifying True Insurance Needs Based on Realistic Rebuilding Costs
Jul 11 2016 // This post is part of a series sponsored by CoreLogic. Because the reconstruction cost to rebuild a home is generally higher than the original cost to build that same home, the topic often leads to difficult conversations...
Construction Worker Electrocuted on University Campus in West Virginia
Jul 8 2016 // Officials say a construction worker has died after being electrocuted while working at a site on the campus of Shepherd University. Shepherd University officials said in a news release that the man was killed on campus on...
Construction Zone Crashes in Utah Kill 67 in 5 Years
Jul 6 2016 // State data shows a total of 67 people have been killed in Utah construction zone crashes in the last five years. The transportation department data also shows 288 people were seriously injured over the same period, the...
Hard Hat Saved Life of Construction Worker at Syracuse Site
Jun 30 2016 // Police said a worker’s hard hat likely saved his life after he was hit by a falling steel beam at a suburban Syracuse, New York construction site. Officials told The Post-Standard of Syracuse that officers responded...
Neon Names Dolonen as Marine & Offshore Construction U/W
Jun 23 2016 // Specialist Lloyd’s insurer Neon, formerly known as Marketform, has appointed Mireille Dolonen as Marine & Offshore Construction underwriter. With over 20 years of experience in the Marine & Offshore...
Construction Market Keeps Building: Brokers’ Outlook on Current & Future Opportunities
Jun 20 2016 // Amid ups and downs, the construction market has seen steady growth over the past four years, and now construction insurance specialists believe the market is set to finally start to heat up. The intense competition has...
New Construction Certification Aims to Specialize the Specialist
Jun 20 2016 // The construction risk is one of the toughest categories of businesses to insure. Insurance professionals are vulnerable from the first point of sale, according to Laurie Infantino, president of the Insurance Community...
Contractor’s Professional Mitigation of Damages Coverage
Jun 20 2016 // As contractors’ professional liability insurance products continue to develop and evolve in the marketplace, many contractors aren’t aware of a new “first-party” coverage that has become available...
Aspen Insurance Appoints International Head of Onshore Energy & Construction
Jun 2 2016 // Aspen Insurance, the insurance segment of Bermuda-based Aspen Insurance Holdings Ltd., has announced the appointment of Erik Armellino as international head of Onshore Energy & Construction. Armellino has more than 20...
Travelers & Novae Join Lloyd’s Construction Consortium; Capacity Rises to $320M
May 27 2016 // Two insurers, Travelers and Novae, have joined the Construction Consortium at Lloyd’s to offer greatly increased underwriting capacity for the largest construction risks in the world across all major onshore...
XL Catlin Hires Newick as Leader for Energy, Property & Construction Claims
May 23 2016 // XL Catlin announced the strengthening of its insurance claims team with the appointment of Oliver Newick to the position of global practice leader for Energy, Property & Construction Claims. Newick joins XL Catlin from...
Florida Construction Company Owner Nabbed in Workers’ Comp Fraud Scheme
May 22 2016 // The owner of a construction company in Naples, Fla., was arrested this month for an alleged workers’ comp scheme, according to an announcement from Florida Chief Financial Officer Jeff Atwater. Raimundo...
MarketScout Adds Lohmar to Construction Practice in Dallas
May 16 2016 // MarketScout, an electronic insurance exchange and specialty MGA headquartered in Dallas, Texas, has hired construction industry underwriting veteran, Rhonda Lohmar. Lohmar joins the construction practice with more than 20...
Why FEMA Disaster Aid Deductible Makes Sense, Except to Local Officials and Builders
May 13 2016 // The proposal boiled down to just three paragraphs in the Federal Register: Would it be a good idea, the Federal Emergency Management Agency wondered, if Washington gave states a financial incentive to pass building codes,...
