Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
Windstorm Ulli is Latest to Batter Northwest Europe; AIR Analysis
Jan 5 2012 // Catastrophe modeling firm AIR Worldwide’s report on Windstorm Ulli notes that it is “passing through Scandinavia and is expected to dissipate as it moves over the Baltic Sea today. “A class 2 weather...
Fact or Fiction? Insurance Tidbits of Known and Little-Known Information
Dec 16 2011 // Have you ever wondered how modern-day fire departments began? Or why agents buy E&O coverage? What about when the first business owners policy launched? These are just a few questions that Insurance Journal and Claims...
People
Dec 16 2011 // Liberty Mutual consolidated its specialty construction operations and appointed James Conroy senior vice president and chief underwriting officer for construction, Liberty Mutual commercial markets. Previously, Conroy was...
Northern UK, Scotland Battered by Windstorm Friedhelm: AIR Analysis
Dec 12 2011 // According to catastrophe modeling firm AIR Worldwide, a red alert was issued for winds in Scotland and the Northern UK by the Met Office. As a result, AIR said “widespread structural damage” was likely; flood...
Green Retrofitting Surpasses New Green Construction for First Time
Dec 9 2011 // Green retrofitting of commercial buildings is outpacing the construction of new green buildings, according to a new report issued this week. The trend could mean that more building owners may believe that bringing their...
Fireman’s Fund Bushnell Named to U.S. Green Building Council Board
Dec 8 2011 // Steven Bushnell, a senior director at Novato Calif., based-Fireman’s Fund Insurance Co., has been appointed to the U.S. Green Building Council 2012 board of directors. USGBC on Thursday announced the newly elected...
Florida Gov. Scott Questions Citizens Insuring High-Risk Construction
Dec 8 2011 // Gov. Rick Scott said he is concerned about Florida’s state-backed property insurer providing discounted coverage on new construction projects in high-risk areas. Scott questioned Citizens Property Insurance Corp....
Turning Construction Red Flags into Opportunities
Dec 2 2011 // The role of an agent or broker as a trusted advisor to contractor clients is more important than ever given today’s challenging business environment. One of the many ways you can add value to your client...
Contractors, Agents Fight to Stay Afloat in Distressed Construction Market
Nov 21 2011 // Some Signs Point to Better Times Ahead, Experts Say The construction market is showing hints of improvement, if only slightly, according to insurance specialists for this market. The contractor class has been one of the...
People
Nov 21 2011 // Dallas-based LevelFirst has named Toni Campbell director of Marketing. Campbell will oversee all marketing efforts for the newly formed wholesale property and casualty insurance broker and MGA. LevelFirst also introduced...
Inconsistency Is the Norm in Construction Liability Coverage
Nov 21 2011 // In construction liability insurance, there is a great deal of inconsistency in determining whether faulty workmanship is an occurrence. The answer is all over the map, according to Finley Harckham, a veteran insurance...
People
Nov 21 2011 // Cincinnati-based Great American Insurance Group’s corporate claims division hired Emmet M. Murphy as vice president responsible for the environmental claims unit.Murphy joins Great American from The Hartford and its...
Turning Construction Red Flags into Opportunities
Nov 21 2011 // The role of an agent or broker as a trusted advisor to contractor clients is more important than ever given today’s challenging business environment. One of the many ways you can add value to your client...
Willis Names Burwell as Northern California Construction Practice Leader
Nov 15 2011 // Willis North America has named Ric Burwell as construction practice leader of northern California. Burwell, who takes over immediately, will be based in San Francisco. Willis, a unit of U.K. insurance firm Willis Group...
Italy, Southeast France Hit by Heavy Rains, Floods: AIR Analysis
Nov 15 2011 // Catastrophe modeling firm AIR Worldwide has issued a report on the heavy rains, which caused widespread flooding in France and Italy during the first week of November. The storms were caused by a “low pressure system...
Top 10 Risky Industries to Avoid
Nov 7 2011 // Future Looks Brighter for Overall Economy But These Top Industries Will Be Left Behind, Says IBISWorld As the United States inches toward recovery, there are several industries that aren’t expected to improve along...
North Dakota Checking for Workers’ Comp, Licenses at Construction Sites
Nov 3 2011 // A state task force in North Dakota is conducting random compliance checks at various construction sites to see if contractors have the proper licensing, workers’ compensation insurance coverage and are complying with...
AIR Gives Preliminary Analysis of Peru Quake Losses
Oct 31 2011 // In a bulletin released shortly after the earthquake in Peru, Catastrophe modeling firm AIR Worldwide said that “given the relatively sparse population in the epicentral area and the fact that insurance penetration is...
Sena Named Account Executive at Willis Construction Northern California
Oct 27 2011 // Brian Sena has been appointed account executive of Willis Construction Practice and made responsible for account management on key construction accounts in Northern California, the company announced on Thursday. Sena will...
Willis Expands North America Construction Practice
Oct 27 2011 // Willis North America made a series of key appointments to its construction practice. John Nissley has been appointed practice leader for Willis’ construction practice in Pittsburgh, Pa., where he will oversee the...
