Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
Construction’s Growing Role in Renewable Energy
Jan 13 2014 // California isn’t just a warm place to live, which is often the case even in winter, but it turns out the state is considered a “judicial hellhole.” The American Tort Reform Foundation issued its annual...
Construction Obstruction
Jan 13 2014 // Skilled Labor Shortage and Lax Safety Could Injure Construction Insurance Market For agents and brokers serving the contractors and subcontractors market that barely scraped by during the recession, the year 2013 brought...
Berkshire Hathaway Specialty Adds Primary Casualty Construction Capabilities
Jan 9 2014 // Berkshire Hathaway Specialty Insurance (BHSI) is expanding its construction casualty capabilities to include primary casualty insurance. The company now offers primary general liability, excess and umbrella coverage for...
Chicago-Area Construction Worker Dies at Mall
Dec 30 2013 // Vernon Hills police say a worker is dead after he was struck in the head with falling concrete at a mall on the day after Christmas. Police say the 25-year-old man from Palos Park died Thursday. Police say he was one of...
2 Companies Cited After Texas A&M Structure Collapse
Dec 24 2013 // Federal officials have fined two construction companies for safety violations related to this summer’s collapse of a barn frame at Texas A&M University’s $80 million equestrian complex. The Occupational...
HM Risk Appoints Young to Lead Construction Services Team
Dec 15 2013 // HM Risk, a St. Louis, Mo.-based property/casualty insurance and employee benefits agency, has appointed Melinda Young as senior account executive. Young has more than 20 years of industry experience. As the leader of...
Goodearl Joins XL from Liberty Mutual for Lloyd’s Business
Dec 11 2013 // The XL Group has appointed Lewis Goodearl as Chief Underwriting Officer UK P&C for its Lloyd’s business. He joins XL from Liberty Mutual Insurance where he was Vice President and Wholesale Manager, responsible...
Cell Phone Ban in Wisconsin Construction Zones Sought
Dec 10 2013 // Drivers would be barred from talking on their cell phones while in a construction zone under a bill being circulated in the Wisconsin state Legislature. Republican Sen. Jerry Petrowski, of Marathon, emailed the bill on...
$40M Steel Sea Wall Project for Mantoloking, N.J., Could Start Next Year
Dec 3 2013 // Construction of a steel sea wall could start early next year in one of the Jersey shore towns hardest hit by Superstorm Sandy. Bob Mainberger, Mantoloking’s municipal engineer, tells the Asbury Park Press that the...
Willis Places Innovative Australian Weather Transaction for Roy Hill
Dec 3 2013 // Willis Group Holdings announced the placement of “an innovative derivative-based risk transfer solution to protect Roy Hill Holdings Pty Ltd, an emerging global mining, rail and port venture, against the threat of...
Old Republic Insurance Sues Georgia City Over Runway Construction
Dec 2 2013 // An insurance company is suing the City of Macon, claiming that a corporate jet crashed because the city improperly built the runway it landed on. The Telegraph of Macon reported that Old Republic Insurance Co. is suing the...
Construction Worker Killed In Nevada
Nov 22 2013 // Authorities say a man was killed after an accident at a construction site in south Reno, Nev. According to the Reno Fire Department, the victim was run over by a water truck Tuesday morning. He was pronounced dead at the...
XL Group, America Contractor’s Insurance Group Partner to Improve Contractor Quality
Nov 20 2013 // XL Group has partnered with the American Contractor’s Insurance Group (ACIG), construction industry owned insurance organization, to provide data and analytics for construction clients. The goal is to drive...
Construction’s Comeback
Nov 18 2013 // There’s a new norm in the construction market — a new normal when it comes to measuring growth and opportunity. Construction has made a comeback in certain market segments, said Cam Dickinson, senior vice president...
Streamline Coverage through a Controlled Insurance Program
Nov 18 2013 // Construction sites can be a flurry of activity. In addition to focusing on quality construction and completing projects on time, site owners must be sure risk management measures are sufficient. A Controlled Insurance...
New Programs, Flexibility Help Contractor Segment Rebuild
Nov 18 2013 // Those that specialize in the contractors and builders segment say a lot has changed in this class since 2007. The recession forced the insurance industry to be flexible and creative when it came to insuring this class,...
E&O Insights: What Could Go Wrong When Insuring Habitational?
Nov 4 2013 // Insuring habitational risks has generated more than its fair share of errors and omissions (E&O) claims. While there are a host of issues, consider these specific ones: valuation, ordinance or law coverage and...
Swiss Re Sees Emerging Market Construction Boosting Premiums
Oct 31 2013 // Swiss Re Ltd., the world’s second-biggest reinsurer, estimates $43 trillion in infrastructure investments related to urbanization in emerging markets through 2030 may translate into $68 billion in premiums for...
UPDATE: AIR Worldwide Reports on European Windstorm Christian
Oct 30 2013 // Catastrophe modeling firm AIR Worldwide continued its analysis of Windstorm “Christian,” which smashed into southern Britain Monday, October 28, knocking over trees, flooding lowlands, and disrupting land, sea,...
Europe Battered by Winter Storm Christian: AIR Worldwide Analysis
Oct 29 2013 // Catastrophe modeling firm AIR Worldwide reported that “winter storm ‘Christian’ (known as ‘St. Jude in the United Kingdom) battered the western shores of southern Great Britain early on Monday,...
