Latest Construction Headlines

Florida report finds small, new firms and construction gaps in workers’ comp availability

Jan 7 2007 // The Florida workers’ compensation market is in good shape, although some small firms may be having difficulty obtaining coverage. An analysis by Insurance Commissioner Kevin McCarty’s office shows the...

Do your construction clients know what they’re getting?

Jan 7 2007 // If you have construction clients, you may know there are several relatively new policy form options available. These options have increased in recent times, including the introduction of limited reporting periods, or...

Contractors not buying into professional liability Ames & Gough survey finds as many as 50% of contractors not covered

Jan 7 2007 // Contractors, project owners, and project finance professionals are increasingly interested in the niche market of contractors’ professional liability insurance (CPLI), according to a recent survey of insurers writing...

2006: a big year for P&C buyers and sellers of all shapes and sizes

Dec 25 2006 // JANUARY Hallmark Aquires Aerospace Holdings Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark...

2006: Soft market offers up many new insurance products

Dec 25 2006 // E&O, Professional/Management Liability New P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically...

2006 New Markets Report

Dec 24 2006 // E&O, Professional/Management Liability New P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically...

2006:a big year for P&C buyers and sellers of all shapes and sizes

Dec 24 2006 // JANUARY Hallmark Acquires Fort Worth, Texas-based Hallmark Financial Services Inc. has completed its acquisition of Aerospace Holdings LLC, which markets general aviation insurance products. Hallmark underwrites...

Conn. Gov. Rell Touts New Jobs, Campus Construction by The Hartford

Dec 7 2006 // Connecticut Governor M. Jodi Rell presented some good news today by announcing that The Hartford Financial Services Group, Inc., plans to construct a $146 million, 450,000-square-foot campus for its Hartford Life...

Insurer, Agent Told to Stop Selling Unauthorized Insurance in La.

Nov 22 2006 // Louisiana Commissioner of Insurance Jim Donelon reported that his office obtained an order from the 19th Judicial District Court in Baton Rouge to stop the alleged sale of unauthorized commercial insurance by United...

Contractors Professional Liability Grows, But Buyers Not Always Buying

Nov 21 2006 // The contractors professional liability insurance market is growing, but many contractors who have a professional exposure are not buying coverage, according to a new survey by Ames & Gough, based in Washington, D.C....

Nov 19 2006 // People Greg Thompson, president and chief executive officer of Thomco, is the new president of the Target Markets Program Administrators Association, a national organization serving program managers. Thomco, headquartered...

Nov 19 2006 // People Tony Boyd joined Dallas-based McQueary Henry Bowles Troy L.L.P. as a sales professional in Personal Insurance Professionals, a division of MHBT that serves personal lines clients. Prior to joining MHBT, he was...

Beazley Opens Singapore Office

Nov 13 2006 // Beazley Group plc has expanded its Engineering and Construction team with the opening of a new office in Singapore and the appointment of Byran Lee Guan Leong and Wong Jyh Lih. They will be based in Singapore, writing...

Under Construction: The Green Property Insurance Market

Nov 7 2006 // Douglas G. Hotchkiss, owner of the Dallas, Texas-based Hotchkiss Insurance Agency, hadn’t thought much about building “green” or environmentally-friendly structures. But he now says, “it’s a...

UNDER Construction: The Green Property Insurance Market

Nov 6 2006 // Douglas G. Hotchkiss, owner of the Dallas, Texas-based Hotchkiss Insurance Agency, hadn’t thought much about building “green” or environmentally-friendly structures. But he now says, “it’s a...

UNDER CONSTRUCTION

Nov 5 2006 // Douglas G. Hotchkiss, owner of the Dallas, Texas-based Hotchkiss Insurance Agency, hadn’t thought much about building “green” or environmentally-friendly structures. But he now says, “it’s a...

Calif. State Fund To Recieve $35,000 in Restitution

Nov 3 2006 // An employee of a Chatsworth, Calif., construction company has been ordered to pay $35,263 in restitution to the California State Compensation Insurance Fund in a workers’ compensation insurance fraud case. Alejandro...

Marsh Ends President’s Role; Targets Middle Market, Tech, Construction

Nov 3 2006 // Marsh Inc. announced a series of personnel moves its says are designed to encourage new business growth and retention levels. The company also announced the elimination of the role of president, now held by Bill Malloy,...

Aon Moves On Exit Plan, Announces Sale of Construction Program

Oct 25 2006 // Chicago-based Aon Corp. today announced that it has taken further steps to exit its property & casualty underwriting business by signing a letter of intent for the sale of its Construction Program Group (CPG). Aon...

Home Design Changes Affect Total Cost of Ownership

Oct 17 2006 // Puget Sound homeowners’ quest for convenience might outweigh potential maintenance risks when it comes to features of new-home construction, according to a recent examination of building trends by PEMCO Insurance....