Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
Hawaii Restores Coverage for Construction Defect Claims
Aug 1 2011 // Hawaii Gov. Neil Abercrombie has signed legislation its supporters hope will restore coverage for construction defect claims under a commercial general liability (CGL) policy that was called into question by a 2010 court...
Idaho City Appeals Ruling over City Hall Construction Flaws
Jul 27 2011 // The city of Meridian has appealed a district court ruling that rejected its claims against a contractor hired to build a new $21 million city hall. In a statement Monday, the city said an appeal had been filed with the...
Rigger in Deadly New York Crane Collapse Stripped of License
Jul 22 2011 // A rigger who worked on a massive construction crane that collapsed and killed seven people in New York City has been stripped of his licenses after an administrative judge said his sloppy work was to blame for the...
Aon Appoints Head Broker for Construction, Power, Infrastructure in Singapore
Jul 20 2011 // Aon Risk Solutions, the global risk management business of Aon Corp., has appointed Nicki Tilney as head broker of construction, power and infrastructure for Aon’s Global Broking Center (GBC) in Singapore, one of...
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Jul 18 2011 // Barbara Zito has been named senior vice president of Marketing at Founders Insurance Co. in Des Plaines, Ill. Founders is a member company of the Utica National Insurance Group of New Hartford, N.Y. Zito is responsible for...
Lexington to Insure Expenses, Delays from Archaeological Findings
Jul 14 2011 // Lexington Insurance Co., a Chartis company, has introduced LexArchaeology – first party coverage for expenses and construction completion delay resulting from the unexpected discovery at a construction site of...
Chartis Increases Construction Project Capacity to $250 Million
Jul 1 2011 // The Chartis insurers have doubled their capacity for construction projects from the Global Energy Property unit. With this increase in capacity, insureds will now be able to access up to $250 million of PML (probable...
Langman Joins Aon’s Construction Group for Southeast
Jun 29 2011 // Aon Risk Solutions has added David Langman as a senior vice president in its Construction Services Group in Atlanta. Langman will lead strategic efforts in the Southeast region and be responsible for targeted new client...
Delays, Financing Risks More Common for Today’s Construction Projects
Jun 27 2011 // While brokers on construction projects have historically focused primarily on owners and contractors, economic uncertainty has created a new focus area — financing entities. In addition to the usual construction risks,...
Erger and Miller Join Lockton in Kansas City
Jun 22 2011 // Kansas City, Mo.-based independent insurance broker Lockton Companies LLC has expanded its construction and design team with the addition of Karen Erger and Tom Miller. Erger joins Lockton’s Design and Construction...
Court Says Suit Can Proceed over WTC Tower Collapse
Jun 22 2011 // The Port Authority of New York and New Jersey can be sued for negligence over the collapse of a World Trade Center building in the Sept. 11 attacks in 2001, a U.S. appeals court ruled Tuesday. The agency is one of the most...
For Construction Projects, Delays and Financing Risks More Common as Economy and Industry Continue to Struggle
Jun 20 2011 // While brokers on construction projects have historically focused primarily on owners and contractors, economic uncertainty has created a new focus area – financing entities. In addition to the usual construction...
Aon Risk Solutions Construction Services Group Names White CEO
Jun 14 2011 // Aon Corp., a global provider of risk management and human resource consulting and outsourcing, announced that Kevin White, president and chief operating officer of Aon Risk Solutions’ Construction Services Group, has...
Nevada Construction Defect Reform Bill Dies in Senate
Jun 9 2011 // Proposed Nevada construction defect lawsuit reforms that were criticized as “window dressing” by the building industry died in the Senate. AB401 sponsored by Democratic Assembly Speaker John Oceguera failed on...
Willis Appoints Jurss as SVP, Professional Liability for Construction Practice
Jun 9 2011 // Willis North America named Keith Jurss as senior vice president, professional liability, Willis Construction Practice. In this role, Jurss will be responsible for leading professional resources for North America within the...
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Jun 6 2011 // New Jersey-based New Day Underwriting Managers promoted John Heft to senior vice president and director of its real estate practice. The 20-year industry veteran joined New Day in 2006, and has developed and managed the...
Shields Named Construction Leader at William Palumbo
May 26 2011 // Central Massachusetts-based William Palumbo Insurance Agency has named William “Bill” S. Shields leader of its construction risk division. A veteran of the construction industry, Shields began his career at...
New Orleans Construction Product Supplier Settles in Chinese Drywall Suit
Apr 27 2011 // A settlement agreement has been reached with a New Orleans, La.-based supplier of tainted Chinese drywall in the multi-district litigation (MDL 2047) over the product. Interior/Exterior Building Supply L.P. and the...
Growth of Clean Tech Industry Delivers New Exposures, Opportunities
Apr 18 2011 // Backed by government policy and growing public support, demand for technology that is both clean and sustainable has increased substantially in the United States, Europe, Asia and other parts of the world over the last...
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Apr 4 2011 // The Obama administration has officially named Illinois state insurance regulator Michael McRaith to head the new Federal Insurance Office. McRaith, currently the head of the Illinois Department of Insurance, will run the...
