Latest Construction Headlines
All the headlines from our Construction Topic Page, ordered by recency.
Minimizing risks for global catastrophes
Jun 4 2007 // Managing catastrophe risk is one of the biggest challenges facing any company’s risk manager. For multinational companies, the challenge of managing catastrophe risk is especially daunting. In the United States, risk...
Trump Steams Ahead but Most New Orleans High-Rises on Hold
Jun 1 2007 // Lured by congressionally authorized tax credits and other financial incentives after Hurricane Katrina, a procession of developers announced plans to build high-rises in New Orleans. But 20 months after the storm, most...
Miss. Gov. Announces Grants to Help Revitalize Coastal Communities
May 15 2007 // Grants to help with post-Katrina revitalization projects in 15 coastal Mississippi communities totaling more than $97.2 million will help fund projects such as new fire stations in Bay St. Louis, Moss Point, Picayune,...
Texas Mutual Pays $1.1M Dividend to Texas Construction Group
May 15 2007 // Texas Mutual Insurance Company will return a $1,156,031 dividend to the Texas Construction Association (TCA) purchasing group, the workers’ comp insurer announced. The dividend was based largely on the group’s...
Fortified building standards: Gulf Coast market salvation?
May 7 2007 // Concrete houses sprouting up in southern Alabama, Mississippi and elsewhere in the Gulf Coast region are more than just fortified structures that will protect their owners from up to 250 mph winds and 36 foot storm surges...
Burns & Wilcox Offers Course of Construction Product
May 2 2007 // Burns & Wilcox announced it has gained access to a personal lines course of construction product in several markets. The course of construction products can cover ground up construction, renovations, remodels,...
Argo Insurance Group To Host Green Building Seminar
Apr 19 2007 // The Argo Insurance Group, a San Francisco Bay Area commercial insurance brokerage, will be hosting a series of seminars on planning, building and protecting “green” buildings. For the first seminar in this...
C.V. Starr to Manage New Chubb Construction Liability Program
Apr 10 2007 // New York-based C.V. Starr & Co. has created a facility to underwrite project specific liability coverage in the residential construction business. The facility will provide coverage excess of a minimum retention of...
Underwritiers weigh design, construction of offshore oil platforms
Apr 9 2007 // Not all offshore platforms are created equal, which is why one platform will survive a storm unscathed while another nearby is completely obliterated. In order to appropriately underwrite offshore platform risk,...
Insurer to Pay $17.5 Million in Conn. I-84 Faulty Construction Claim
Mar 23 2007 // The insurer behind the performance bond for part of the troubled Interstate-84 construction in Connecticut will pay $17.5 million to settle claims involving installation of defective drains, according to an agreement...
Lessons learned from Katrina and beyond
Mar 12 2007 // The 2006 Atlantic hurricane season came and went with barely a blip — despite initial projections by some that there would be two to five major hurricanes that year. How could insurance industry predictions be so...
Insurer Settles Suit in Pittsburgh Convention Center Death
Mar 5 2007 // An insurer has settled a lawsuit over the death of an ironworker during construction of the David L. Lawrence Convention Center in Pittsburgh. The city-county Sports & Exhibition Authority had a policy with National...
La. AG Says Contractor Fraud Fugitive Arrested in Fla.
Mar 5 2007 // Attorney General Charles C. Foti, Jr., recently announced that his office has arrested an individual suspected of defrauding numerous homeowners in Orleans, Jefferson and St. Charles Parish who were trying to repair their...
Aon Construction Services Names Church Director in Irvine Office
Mar 2 2007 // Aon Construction Services Group has hired Richard S. Church as director, Loss Control, in Aon’s Irvine, Calif., office to provide loss control services to construction clients throughout California and the...
Lessons learned from Katrina and beyond
Feb 26 2007 // The 2006 Atlantic hurricane season came and went with barely a blip — despite initial projections by some that there would be two to five major hurricanes that year. How could insurance industry predictions be so...
Lessons learned from Katrina and beyond
Feb 25 2007 // The 2006 Atlantic hurricane season came and went with barely a blip — despite initial projections by some that there would be two to five major hurricanes that year. How could insurance industry predictions be so...
Maverick Commercial Offers Program for Calif. Commercial Contractors
Feb 22 2007 // Calabasas, Calif.-based Maverick Commercial Insurance Services has added a new program for artisan contractors, which includes workers’ compensation, general liability and automobile coverage. The program is an...
Marsh UK Names Stacey VP-Construction, Power & Utilities
Feb 19 2007 // Marsh UK announced the appointment of Steve Stacey as Senior Vice President, Client Development, of its Construction, Power & Utilities (CPU) Practice. He joins Marsh from his previous position as a partner at Jardine...
Ariz.’s Construction Industry Sees Surge in Injuries to Latinos
Feb 19 2007 // Arizona’s booming population and a surge in construction activity has led to an outsized increase in the number of Hispanic workers injured or killed in the workplace, with more than one-quarter of the injuries...
Arthur J. Gallagher & Co. Adds Golden to Houston Team
Feb 16 2007 // Arthur J. Gallagher & Co. – Houston recently announced the addition of Danny Golden as vice president for Gallagher’s construction niche. Golden has a broad background training in construction, real...
