Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
Colorado Reviewing Construction Liability Law
Feb 11 2015 // A simmering dispute over liability in home construction is heating up at the Colorado Legislature. A bipartisan group of lawmakers announced a bill Tuesday to address the construction-defects law. The law governs how...
Catalina Completes Transfer of NationsBuilders Construction Liabilities in Run-off
Feb 10 2015 // Catalina Holdings (Bermuda) Ltd. announced that, following receipt of regulatory approvals from the Bermuda Monetary Authority and the District of Columbia Department of Insurance, Securities and Banking, it has completed...
In Fire Aftermath, Reforms Push Up Against Industry Norms in N.J.
Feb 9 2015 // The fire that destroyed most of a large apartment complex in northern New Jersey last month has prompted talk of legislation to toughen building codes, an effort that would butt up against long-established building...
Feds: Ohio Workplace Fatalities on the Rise
Feb 9 2015 // Workplace fatalities have been rising in Ohio, and federal officials cite lack of attention to safe work practices and training and the existence of younger and newer manufacturing and construction workforces. There had...
Understanding Commercial Property Underwriting and ‘COPE’
Feb 3 2015 // Construction, Occupancy, Protection and Exposure (COPE) are the same four basic elements of underwriting data that real property underwriters have used for nearly 300 years. So what are these time-honored elements? The...
XL Group Adds to Insurance Underwriting Team in Dallas
Jan 23 2015 // XL Group announced the addition of global risk management, construction primary casualty and inland marine underwriting expertise in its Dallas office. XL Group’s newest insurance underwriters include: Kristen Hough...
Federal Judge Allows N.J. Town’s Dune Construction Plan to Proceed
Jan 21 2015 // A federal judge ruled on Jan. 15 to let a beach replenishment project proceed — for now — over the objections of a Jersey shore town that does not want the sand piles. Judge Renee Marie Bumb decided that...
Construction Insurance Trends to Watch in 2015
Jan 21 2015 // Bolstered by a resurgent economy and renewed optimism, the construction industry is showing signs of significant growth. Payrolls are increasing, more projects are coming online and the scope of work is increasing. Ample...
Labor Woes for a Rebounding Construction Market
Jan 12 2015 // With construction activity picking up steam all across the nation, insurers are expressing concern over how the construction sector will meet the growing demand for qualified labor. Insurers are concerned not only with the...
Construction Coverage: Emerging Trends for 2015
Jan 12 2015 // Bolstered by a resurgent economy and renewed optimism, the construction industry is showing signs of significant growth. Payrolls are increasing, more projects are coming online and the scope of work is increasing. Ample...
How Mitigation Services Work for Contractors
Jan 12 2015 // Rick Keegan, president of the Construction Business Unit at Travelers says that construction specialists must help contractors understand that the changing labor force dynamics require proactive risk management to ensure...
Terre Haute, Indiana, Area Had Nation’s 2nd-Biggest Construction Job Gain
Dec 23 2014 // The city of Terre Haute and surrounding areas of western Indiana had the nation’s second-highest percentage gain in construction jobs during the past year, a new analysis of job data shows. A spokesman for one state...
Iowa Court: Construction Defect Remedy Doesn’t Extend to Banks, Developers
Dec 15 2014 // The Iowa Supreme Court has declined to give banks and real estate developers the same legal remedy that protects homebuyers from defective construction. In a pair of decisions, the court refused to expand Iowa’s...
XL Group Adds Fleet Safety Service to Construction Insurance
Nov 21 2014 // As nearly half of all construction fatalities involve a vehicle, XL Group North America Construction has added fleet safety training services to its construction insurance business in collaboration with Issaquah,...
Texas Mutual Awards $62K Dividend to Construction Supply Safety Group
Nov 20 2014 // Austin-based workers’ compensation insurer, Texas Mutual Insurance Co., recently awarded a dividend of $62,147 to the Texas Construction Supply safety group. Texas Mutual said the dividend was earned based on the...
Eastern Insurance Group Hires Lemos as Construction Practice Manager in Mass.
Nov 20 2014 // Eastern Insurance Group in Natick, Massachusetts, has hired William Lemos as senior vice president and manager of its construction practice. At Eastern Insurance Group, Lemos will provide oversight and direction as it...
Aon Web Tool Aids Contractors Working in Multiple States
Nov 18 2014 // The Construction Services Group of Aon Risk Solutions has a new web-based tool to help clients navigate the risk challenges of pursuing work in multiple geographies. The Construction Risk Portal is a single website that...
10 Things to Know About Contractors & Builders
Nov 17 2014 // Some 991,000 total housing starts are forecast for 2014. That’s up 6.6 percent from 930,000 units last year. – National Association of Home Builders Single-family housing production is expected to rise 26 percent...
Insuring Infrastructure Projects in Latin America
Nov 17 2014 // With its aging infrastructure, growing population and successful bids for mega-sports events like the 2016 Summer Olympics in Brazil, Latin America is offering the construction industry billions of dollars of opportunities...
Allied World Europe Appoints Beerli, VP, Onshore Construction
Nov 12 2014 // Allied World Assurance Company Holdings, AG announced that Allied World Europe has appointed Roman Beerli, Vice President, Onshore Construction. He will be responsible for underwriting onshore construction projects...
