Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
People Moves: AXA XL Names Ensurance’s Burgess as U/W, Construction, UK & Lloyd’s; Aon strengthens M&A and Transaction Team With 3 Hires
Jul 25 2022 // This edition of International People Moves details appointments at AXA XL and Aon. A summary of these new hires follows here. AXA XL Names Ensurance’s Burgess as Sr. U/W, Construction, UK & Lloyd’s AXA XL...
Michigan Construction Worker Fatally Struck by Bulldozer
Jul 18 2022 // A construction worker in suburban Detroit died last Friday after a bulldozer struck him, police said. A man was standing outside his dump truck around 11 a.m. while a bulldozer moved pieces of concrete that had been broken...
Green Building Investments Reach New Heights But Can Carrier Capacity Keep Up?
Jul 18 2022 // Increased interest in creating more energy efficient, resilient buildings is expected to fuel growth in the green construction industry, particularly as the government looks to spur investment in these projects through new...
Georgia Construction Company Must Remain Defendant in Wetlands Suit, Court Finds
Jul 5 2022 // A federal court in Georgia has refused to dismiss a construction company from a lawsuit over wetlands violations, even though the company did not own the property at the time of the alleged dumping of dredge material. The...
Quantum Computing, Lower Construction Quality, Legal Tech Seen as Emerging Risks: Swiss Re
Jul 4 2022 // The global community continues to deal with known challenges such as the pandemic, the war in Ukraine, economic turmoil and failing trust in established social institutions. But a report from Swiss Re reminds re/insurers...
Emerging Risks: Quantum Computing, Lower Construction Quality, Legal Tech etc.
Jun 24 2022 // The global community continues to deal with known challenges such as the pandemic, the war in Ukraine, economic turmoil and failing trust in established social institutions. But a report from Swiss Re reminds re/insurers...
2 Minnesota Construction Workers Die After Trench Collapses on Them
Jun 21 2022 // Two construction workers died after a trench collapsed on top of them in the Highland Park neighborhood of St. Paul, and one of their bodies was found 9 feet underground roughly 12 hours later. St. Paul Deputy Fire Chief...
Role of the Construction Agent and Broker
Jun 20 2022 // The role of the independent agent and broker is changing along with the construction sector. Going forward, construction clients need a specialist that understands the risks. This is not a segment for generalists,...
Intact Acquires Illinois-Based Tokio Marine Highlands US Construction Division
Jun 17 2022 // Tokio Marine Kiln reached an agreement with Intact Insurance Group USA LLC for the sale of Tokio Marine Highland’s (TMH) US construction division. The transaction is subject to customary regulatory approvals and is...
Officials Investigating Another Construction Worker Death in Boston
Jun 14 2022 // One person died in a construction accident in Boston last Thursday morning and a second person was taken to the hospital, police said. Officers responded to the city’s Seaport District at about 5:30 a.m. for reports...
After Multi-Year Probe into Carolina Construction Payroll Scheme, 12 Get Probation
Jun 8 2022 // Twelve people with seven construction companies in South Carolina, who pleaded guilty to paying workers in cash and shirking tax and workers’ compensation obligations, have avoided prison time. The U.S. Attorney for...
Home, Commercial Rate Hikes Not Enough to Offset Construction Costs
Jun 6 2022 // To counteract rising construction material costs that have increased about 26.7% the first four months of 2022, personal and commercial property insurers will continue to gradually increase rates, said Moody’s...
Wisconsin Construction Company to Settle $140,000 EEOC Suit
Jun 3 2022 // A Waukesha, Wisconsin construction and commercial real estate renovation company will pay $140,000 and furnish other relief to settle a lawsuit for racial harassment and retaliation brought by the U.S. Equal Employment...
Construction Worker Falls to Her Death from High-Rise West Palm Condo
Jun 1 2022 // A 23-year-old construction worker fell to her death from a 13th-floor balcony of a condominium complex in West Palm Beach, police said. Delores Yamileth Martinez-Ponce worked for a flooring company and was installing...
Explosion at Wisconsin Marine Construction Company Injures 6
May 20 2022 // A huge fire set off by an explosion burned Thursday at a marine construction company in southeast Wisconsin. Three civilians and three firefighters were injured at Summerset Marine Construction in the small Waukesha County...
Home, Commercial Rate Hikes Not Enough to Offset Construction Costs: Moody’s
May 19 2022 // To counteract rising construction material costs that have increased about 26.7% the first four months of 2022, personal and commercial property insurers will continue to gradually increase rates, said Moody’s...
BP Oil Spill Settlement Goes Towards Louisiana Shoreline Construction
May 17 2022 // Louisiana has begun construction of a $67 million project to create miles (kilometers) of oyster reefs to protect the shoreline in a New Orleans suburb. Money for the Biloxi Marsh Living Shoreline comes from an $8.8...
People Moves: Canopius CUO Duffy to Retire Next Year; AXA XL Promotes Baker to Head of Construction, UK & Lloyd’s
May 12 2022 // Canopius CUO Duffy to Retire Next Year Canopius Group, the London-based global specialty re/insurer, announced that, after nearly 17 years of service, Group Chief Underwriting Officer Mike Duffy will retire in 12...
Oklahoma Construction Company Faces $370,000 OSHA Penalty
May 6 2022 // An Oklahoma construction company faces proposed penalties of $370,347 after a U.S. Department of Labor Occupational Safety and Health Administration (OSHA) investigation found that the company failed to prevent a sudden...
Contractor, Agency Face $10M Lawsuit in Oregon for Construction Work
Apr 7 2022 // TriMet is facing a $10 million lawsuit from the city of Portland, Oregon, for alleged deeply flawed work on a streetcar track, leaving it with major structural defects that could cost the city millions in repairs. Oregon...
