Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
Aspen US Forms New Marine, Energy, Construction Unit
Apr 10 2013 // Aspen Insurance, the insurance segment of Aspen Insurance Holdings Ltd., has formed a specialty marine, energy and construction unit within its US Insurance business, led by Anthony S. Carroll who has been named executive...
Bills Target Nevada’s Construction Defect Law
Apr 9 2013 // Construction defect laws intended to protect consumers have morphed into a trial lawyer’s dream and a nightmare for Nevada’s building trades, putting many out of business and sending the cost of insurance...
Conn. Issues Stop Work Orders to 27 Construction Firms for Misclassifying Workers
Apr 4 2013 // Connecticut authorities recently issued “stop work” orders to 27 firms working at construction project sites in Stamford for misclassifying workers during the period of Jan. 9 to March 14. Connecticut...
Possible Resurgence in California’s Inland Empire Interests Agents
Apr 3 2013 // Known as “the 909,” or “the IE” by Southern Californians, terms sometimes intended as a slight, the sprawling desert area east of Los Angeles was a boomtown for commercial and residential...
The Hartford Expands Construction Group
Mar 28 2013 // The Hartford has enhanced its Construction Group capabilities by bring together its underwriting, claims management and loss control facilities and adding construction underwriters in key markets across the U.S. These...
Marsh’s Mastrolia Joins Swett & Crawford Wholesale’s Construction Team
Mar 25 2013 // Swett & Crawford Wholesale has appointed Anthony “Tony” Mastrolia as executive vice president of Construction. Mastrolia brings to Swett & Crawford 35 years of experience in insurance and construction...
Top 10 Hot New Markets
Mar 25 2013 // Insurance Journal examined industries experiencing changes and expansions during the past year. Here are the top 10 market sectors that just might deliver hot opportunities for agents and brokers in the property/casualty...
Japan’s Clean-Up from 2011 Tsunami, Nuclear Accident Lagging
Mar 11 2013 // Two years after the triple calamities of earthquake, tsunami and nuclear disaster ravaged Japan’s northeastern Pacific coast, debris containing asbestos, lead, PCBs — and perhaps most worrying — radioactive waste...
Roussell Joins Mullis Newby Hurst as VP, Construction Marketing
Feb 11 2013 // Addison, Texas-based Mullis Newby Hurst LP (MNH), which specializes in construction insurance and surety bonds, has hired Raleigh Roussell as vice president of construction marketing to create new opportunities for the...
Debate Over Terrorism Insurance to Be Renewed
Feb 6 2013 // Bipartisan legislation filed yesterday in the House of Representatives promises to renew the federal terrorism reinsurance program and the debate about whether the backup program is necessary. Introduced by Reps. Michael...
How Agents Survived a Falling Housing Market
Jan 31 2013 // It has not been easy being an insurance agent specializing in the homebuilders insurance market during one of the worst economic recessions in U.S. history. Survival in the recession meant change and a lot of hard...
Willis North America Appoints Gilliam as Senior VP in Houston Office
Jan 8 2013 // Insurance broker Willis North America has appointed Bill Gilliam as senior vice president, construction practice, in its Willis of Texas office. Willis of Texas Inc., with 120 associates, serves clients from its office in...
FEMA Likely to Expand Flood Zones Along N.J. Coast in Wake of Sandy
Dec 9 2012 // The federal government is poised to expand flood zones and push for increases in building elevations along the New Jersey coast in the wake of flooding from Hurricane Sandy. The Federal Emergency Management Agency was...
Liberty International Underwriters Promotes Aggarwal to U.S. Construction Post
Dec 7 2012 // Liberty International Underwriters has promoted Chaman Aggarwal to the newly-created position of senior vice president, USA Construction. In the position, Aggarwal is responsible for LIU’s U.S. construction product...
South Carolina Court Upholds Contractor Liability for Faulty Workmanship
Dec 6 2012 // South Carolina’s high court has left intact a state law that requires a builder’s general liability policy to cover damages from faulty workmanship, but ruled it cannot be applied retroactively to claims filed...
Building Momentum in the Construction Market
Dec 5 2012 // After four years of one of the most challenging construction markets, construction insurance experts are beginning to see signs of a slow recovery with some of their contractor and builder accounts. The current...
Willis Boosts Construction Practice with 4 Ex-Aon Specialists, 2 Others
Dec 4 2012 // Willis North America has made a series of appointments in its construction practice to serve clients in the expanding default insurance marketplace. The following individuals comprise Willis’ Default Insurance Group,...
EPIC Adds Glass to Northern California Construction Practice
Nov 19 2012 // Edgewood Partners Insurance Center named Dolores Glass as a principal in their San Ramon, Calif. construction practice. Glass will be responsible for expanding EPIC’s business with contractors and others in...
AIG Introduces OSHA Assist for Construction Clients
Nov 14 2012 // American International Group, Inc. has introduced OSHA Counsel Assist (OSHA Assist), an enhancement to general liability programs for construction clients that provides policyholders with legal support and additional...
7.4 Magnitude Quake Shakes Active Guatemala Region: AIR Analysis
Nov 8 2012 // According to catastrophe modeling firm AIR Worldwide, at 10:35:50 UTC on Nov 7, 2012 an earthquake estimated at a magnitude of 7.4 occurred at a depth of 41.6 km (25.9 miles) about 15 miles off the coastal town of...
