Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
Group: New York City Building Industry Still Slowing
Nov 14 2010 // A business group says the economic downturn is still having an effect on New York City’s construction industry – a key driver for commercial insurance spending in the region. The New York Building Congress says...
Insurance and Going Green
Nov 14 2010 // What to Know About Green Commercial Building Insurance Read the news lately and it feels like everything – from cars to grocery bags – has gone green. While recent events, such as 2009’s Copenhagen Climate Change...
Inside the Disaster Blaster
Nov 14 2010 // Industry’s $40M Research Center May Someday Lead to Lower Catastrophe Claim For those who question the intelligence of insurance companies, here’s a new industry development that should answer those questions...
People
Nov 1 2010 // Juan Andrade stepped down as Commercial Markets president at The Hartford to join Ace as president of the insurers’ Global Personal Lines and Small Commercial Insurance division. He will assume the new position with...
London Broker Oxygen Strengthens Construction Specialty Team
Oct 29 2010 // London-based Oxygen Insurance Brokers announced that it has “further strengthened its broking and risk management services to architects, engineers and surveyors with the appointment of two new senior brokers, part...
Virginia Tech Gets $825K to Research Home Construction Safety
Oct 27 2010 // Two Virginia Tech professors have been awarded an $825,000 federal research grant aimed at reducing falls on residential construction sites. The grant from the National Institute for Occupational Safety and Health will...
Group: New York City Building Industry Still Slowing
Oct 27 2010 // A business group says the economic downturn is still having an effect on New York City’s construction industry — a key driver for commercial insurance spending in the region. The New York Building Congress says...
AAIS Introduces New Policies for Builders’ Risk, Installation Floaters
Oct 12 2010 // A national property/casualty advisory organization has developed several new policy forms insurers can use for writing the builders’ risk and installation floater classes of inland marine insurance. The American...
Study Finds Louisiana Making Substantial Efforts to Improve Building Codes
Sep 27 2010 // Louisiana has developed and implemented a more comprehensive and stronger building code than Mississippi and Alabama, according to a recent study conducted by the Institute for Business & Home Safety (IBHS). The...
Schinnerer Develops New Coverage for Design, Construction Industry
Sep 21 2010 // Victor O. Schinnerer & Company, Inc. has developed project specific professional liability coverage for firms entering into integrated project delivery (IPD) contracts. The new IPD policy includes professional...
People
Sep 20 2010 // K&K Insurance, based in Ft. Wayne, Ind., named Todd Bixler president and CEO. Bixler joined K&K Insurance in 1986 as controller, responsible for financial reporting and accounting operations. His subsequent...
Wind Inspectors in Louisiana Say Insurers Vary on Proof for Discounts
Sep 20 2010 // In the entire state of Louisiana, there are only 16 of them, and they want business. They are certified wind inspectors, and for $150 to $200 they say they can knock hundreds of dollars off homeowners’ annual...
One Dead, Three Injured in Yale Construction Accident
Sep 15 2010 // A steel beam collapsed at a Yale University construction site, killing one person and injuring three others. New Haven, Connecticut mayor’s office spokeswoman Jessica Mayorga says four people were trapped when the...
Wind Inspectors in Louisiana Say Insurers Vary on Proof for Discounts
Sep 10 2010 // In the entire state of Louisiana, there are only 16 of them, and they want business. They are certified wind inspectors, and for $150 to $200 they say they can knock hundreds of dollars off homeowners’ annual...
Distressed and Vacant Properties Fill a Void for Insurers
Sep 6 2010 // The vacant and distressed property segment, which was barely thought of two years ago, has been a beacon of light for insurers. This class has boomed in the past couple years as the economy has forced the closure of many...
Distressed and Vacant Properties Fill a Void for Insurers
Sep 6 2010 // The vacant and distressed property segment, which was barely thought of two years ago, has been a beacon of light for insurers. This class has boomed in the past couple of years as the economy has forced the closure of...
Fireman’s Fund Expands Green Insurance to Educational Institutions
Aug 31 2010 // Fireman’s Fund Insurance Co. is broadening its commercial green insurance appetite to include public and private schools, colleges and universities, and trade and vocational schools. With Green-Gard commercial...
New Jersey Court: Construction Worker Can Sue Employer
Aug 31 2010 // New Jersey workers’ compensation laws do not prevent a construction worker injured in a trench collapse from suing his employer, a state Appeals Court has ruled. The lawsuit — which was originally dismissed by...
Marsh Appoints Johnson Construction Practice Leader in Midwest
Aug 26 2010 // Insurance broker and risk adviser Marsh has appointed John Johnson as Construction Practice leader for its Midwest West Partnership. In his new role, Johnson is responsible for new business growth and client service for...
Zurich Introduces Enhanced Professional Liability Coverage for Contractors
Aug 19 2010 // Zurich has introduced an enhanced professional liability policy aimed at mid-sized and large construction customers. “The coverage is designed for the professional exposures of a construction manager, whether offered...
