Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
Bond Market Woes Could Endanger Municipal Construction
Jan 28 2008 // If the struggling bond market is saved by a potential bailout, turbulence in the stock market could ease — but without a bailout, cities across the country could have difficulty building everything from sewers to...
Small Big Dig Contractor Criticizes $458M Deal with Giant Bechtel
Jan 25 2008 // Prosecutors reached a $458 million settlement with contractors over tunnel defects that caused a fatal 2006 accident but a small contractor that isn’t involved in the agreement says it unfairly spares the most...
Homeowner Premium Discounts for Storm Mitigation Coming to La.
Jan 23 2008 // Insurance premium discounts will soon be available to homeowners who install storm mitigation improvement devices or build or retrofit their homes to comply with Louisiana’s Uniform Construction Code, Commissioner of...
$458M Big Dig Settlement Reached; Criminal Charges Dropped
Jan 23 2008 // The main management consultant and contractor on Boston’s $15 billion Central Artery/Tunnel Project (Big Dig) has agreed to pay more than $407 million to resolve civil and criminal liabilities in connection with the...
Lockton Appoints Angel Consultant – Real Estate & Construction Captives
Jan 22 2008 // Lockton International announced the appointment of Alan Angel as a Consultant, providing specialist advice and guidance to the UK Division’s real estate and construction clients on how to maximize the efficiency and...
La. Ag Commissioner Pulls Agency Employees off Construction Projects
Jan 17 2008 // Louisiana’s new agriculture commissioner, Mike Strain, wasted no time in ending his department’s much criticized use of non-construction employees for major building projects. The state’s Office of Risk...
Aon Construction Adds National Client Strategy Officer in Minn.
Jan 14 2008 // Aon Corp, a provider of global risk management services, today announced that Mary Ann Krautheim has joined Aon Construction Services Group as its first National Client Strategy officer. Based in Minneapolis, Krautheim is...
Contractors’ Insurance: The Hard Sell for the Soft Market
Jan 13 2008 // Selling Long-term Relationships over Short-term Savings For contractor Paige Smith of Neuse Tile Service Inc. in Youngsville, N.C., the increase in cold calls she is receiving from insurance agents is a sure sign of the...
Dramatic Changes in State Building Trends Could Prompt Rise in Losses
Jan 13 2008 // As the financial and housing markets continue to work their way through the fallout of the mortgage lending meltdown, the construction sector faces its share of woes. But as is typically the case, specific conditions —...
Texas Workshop to Focus on Safety in Construction, Transportation
Jan 10 2008 // The Texas Department of Insurance Division of Workers’ Compensation (TDI-DWC) will hold a regional workplace safety workshop in Corpus Christi to address safety concerns in the construction and transportation...
N.H. Construction Firm Pays $158K Haz Waste Settlement
Dec 21 2007 // A New Hampshire judge has approved a hazardous waste violation settlement that will see a Pembroke construction company pay a $157,500 fine. The state alleged Venture Construction, Inc., transported and stored hazardous...
ABD Adds to Construction Services Practice
Dec 18 2007 // ABD Insurance and Financial Services, a Division of Wells Fargo Insurance Services, has added Andrej “Andy” Stoelting as a producer/broker in the company’s Redwood City, Calif., headquarters. Formerly an...
RLI Marine Teams Up with National Equipment Register to Offer Theft Waiver
Dec 18 2007 // Peoria, Ill.-based RLI Marine announced today that it has entered into an agreement with National Equipment Register (NER) to help RLI clients reduce the expense associated with construction equipment theft. RLI...
IBA West Offers Workers’ Comp Specialty Programs
Dec 17 2007 // IBA West Service Corp. and AmWINS Access have teamed to offer a specialty workers’ compensation program for IBA West member brokers and agents and their construction, trucking and security guard clients. Coverage is...
FDNY Now Inspects Hundreds of Buildings on Time after Deadly Fire
Dec 14 2007 // Until a deadly blaze in a condemned ground zero skyscraper this summer spurred scrutiny of inspection records, the New York fire department didn’t know that some construction and demolition sites existed. Many were...
N.Y. Fire Department, Contractors Form Job Safety Council
Dec 2 2007 // New York City fire department officials and construction contractors have formed a joint advisory council to lay down stringent safety rules for job sites, aimed at forestalling such mishaps as the fire that killed two...
Georgia Closes Contractors’ Liability Loophole
Dec 2 2007 // General contractors in Georgia are no longer able to use subcontractors as a broad shield against bodily injury and property damage claims at construction sites under a new law. The new statute went into effect July 1. The...
Aon Construction Services Group Adds Four
Nov 29 2007 // Aon Corp. announced that Michael R. Szot, Jim Reilly, Gary L. Stevens and Micah Chen have joined Aon Construction Services Group, all to be based in Los Angeles. “These individuals instantly enhance our profile...
Florida Construction Licensing Board Appointees Named
Nov 21 2007 // While State Senate confirmation is required, Florida Gov. Charlie Crist announced the following reappointments and appointments to the Construction Industry Licensing Board: ·Carl Engelmeier, 57, of Apopka, president,...
N.Y. City Fire Department, Contractors Form Joint Job Safety Council
Nov 21 2007 // New York City fire department officials and construction contractors have formed a joint advisory council to lay down stringent safety rules for job sites, aimed at forestalling such mishaps as the fire that killed two...
