Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
Ex-Construction Firm Worker Admits Role in N.J. Insurance Fraud
Aug 7 2013 // A Florida man who worked for a now-defunct southern New Jersey construction company has admitted his role in a scheme in which he purposely damaged homes he claimed had been hit by hail. New Jersey authorities announced...
Ironshore Names Practice Leaders for Energy, Construction, Personal Lines
Jul 26 2013 // Ironshore Inc. has created a new management team to serve as industry practice leaders. These leaders will be for business lines that the company says increasingly demand new products that address distinct...
Poms Names Warren Vice President of Construction in California
Jul 22 2013 // Poms & Associates Insurance Brokers Inc. named Chris Warren in the firm’s West Los Angeles office as vice president of its construction practice. Warren more than 10 years of experience providing insurance and...
Cauti Named Senior VP of Liberty Mutual’s Construction Practice
Jul 17 2013 // Liberty Mutual Insurance’s Commercial Insurance strategic business unit has appointed Douglas Cauti as senior vice president and chief underwriting officer of its construction practice. Douglas Cauti Cauti will lead...
ACE Construction Practice Launches Healthcare Construction Project Services
Jul 9 2013 // ACE USA has launched new capabilities specifically designed for healthcare industry construction projects through ESIS, Inc., a risk management services company owned by the ACE Group. The new offerings include...
4 Workers Hurt in Texas A&M Construction Accident
Jun 27 2013 // Four workers were hurt, three critically, after a barn frame collapsed on June 22 at an $80 million Texas A&M University equestrian complex that’s under construction. The collapse happened on university property...
Oklahoma Twister Victims Face Long Recovery, Insurance Woes
Jun 20 2013 // When the big twister hit, Maylene Sorrels huddled with her students in the halls of Plaza Towers Elementary School in Moore, Okla. Cowering, she covered the student’s heads. Then Sorrels, a teacher’s aide,...
Solar Construction: Too Hot to Handle?
Jun 17 2013 // The solar construction industry has been extremely hot in recent years. Perhaps, too hot. The sector’s rapid growth has led to an oversupply of solar panels, which has turned up the heat on manufacturers to lower...
ACE Launches CPL Coverage for Healthcare Industry Construction Projects
Jun 12 2013 // ACE USA, the U.S.-based retail operations of the ACE Group, has introduced a new contractors pollution liability (CPL) owner-controlled insurance program (OCIP) for the healthcare industry. This new policy can be used to...
Alabama Changes School Construction After Storms
Jun 11 2013 // The large amount of rebar and concrete on the construction site at Hatton High is not there by accident. Instead, it represents a change in how schools are constructed in Alabama. Three years after eight students died when...
Man Dies in Texas Construction Accident
May 31 2013 // Police say a construction worker at a site in College Station, Texas has died after being pinned to the ground by two 1,500-pound, 20-feet-long shoring panels. Police say 49-year-old Armando Gonzalez of Bryan died...
HCC Insurance Holdings Launches Construction Property Risks Division
May 31 2013 // HCC Insurance Holdings, Inc. has expanded into builder’s risk insurance with the launch of its new Construction Property Risks Division. The new division will be based in New York and be led by Francis P. Tricamo,...
Cross Insurance Hires Construction Risk Specialist in New Hampshire
May 31 2013 // Cross Insurance, an insurance brokerage and subsidiary of Bangor, Maine-based Cross Financial Corp., announced the hiring of Mike Guarino as a producer in the firm’s Manchester, N.H. office. Guarino has been in the...
Travelers Launches New Construction Pak- Builders’ Risk Product
May 20 2013 // Travelers has introduced Construction Pak – Builders’ Risk, an enhanced product to help construction projects of all sizes and types stay on schedule. From standard construction to complex undertakings such as...
TRIA Debate Heats Up with Charge ‘Nervous Nelly’ P/C Insurers Enjoy $7B ‘Subsidy’
May 20 2013 // A consumer advocacy group says the property/casualty insurance industry has been getting a sweet deal worth about $7 billion as a result of the federal government’s program to help pay terrorism insurance claims...
Quaker Special Risk Announces New Construction Manager Program
May 14 2013 // Quaker Special Risk of Eatontown, N.J. announced a new construction manager program with a combined Professional and General Liability form. This program is endorsed by the Construction Management Association of America...
TRIA Debate Heats Up with Charge ‘Nervous Nelly’ P/C Insurers Enjoy $7B ‘Subsidy’
May 9 2013 // A consumer advocacy group says the property/casualty insurance industry has been getting a sweet deal worth about $7 billion as a result of the federal government’s program to help pay terrorism insurance claims...
Willis’ Faber Exec Sees Re/Insurance Growth in Turkey
Apr 30 2013 // There is huge potential for re/insurance growth in Turkey, according to Namik Gulsun, Executive Director, EMENA at facultative and wholesale broker, Faber Global, a trading division of Willis Group Holdings. While much of...
The Horton Group Expands Construction Practice in Illinois
Apr 26 2013 // The Horton Group, based in Orland Park, Ill., has expanded its construction practice with one new hire and one promotion in its construction practice. The company added Patrick White as a sales executive and promoted Kris...
Terrorism Risk, Flood Insurance and Green Building Hot Topics for Risk Managers: RIMS
Apr 23 2013 // Renewal of the Terrorism and Risk Insurance Act (TRIA) was a much talked about topic at the annual Risk and Insurance Management Society conference on Tuesday, a four-day conference in Los Angeles, Calif., that includes...
