Latest Contractors Headlines
All the headlines from our Contractors Topic Page, ordered by recency.
Model Bill Targets Misclassification of Trucking, Courier Workers
Mar 7 2011 // State lawmakers who deal with insurance issues have approved a model law for the trucking and courier industries that sets guidelines for who is an independent contractor and who is an employee. The National Conference of...
Schinnerer Launches New Contractor Policy Form
Mar 2 2011 // Schinnerer has launched a new contractor professional liability and pollution liability policy form. Available to general, design-build and many types of specialty contractors, the new policy form offers expanded coverage...
Vermont Charges Contractor with Workers’ Compensation Violation
Feb 22 2011 // Williston, Vermont-based home improvement contractor Donald Bevins with three counts of failing to maintain workers’ compensation insurance and two counts of violating a stop work order by state labor...
Mood on Main Street: Agents on Hardest Hit Small Businesses
Feb 17 2011 // Agents across the country — except in Texas and neighboring states — agree that construction and related trades have been hardest hit by the recession. Restaurants appear to be the second hardest hit. In terms of lines...
Insurance Fraud Starts with Unexpected Offer of Repair Services
Feb 8 2011 // Each year consumers pay more for their auto and homeowners insurance policies as a direct result of fraud. Unnecessary auto glass repairs, exorbitant towing charges, needless home repairs, total roof replacements, sinkhole...
Tennessee Construction Owners Must Register
Feb 7 2011 // A new Tennessee law is requiring all construction firm owners to register with the state if they choose to opt out of the state’s workers’ compensation system. The law is designed to protect general contractors...
Main Street’s Hardest Hit Businesses
Feb 7 2011 // Agents across the country — except in Texas and neighboring states — agree that construction and related trades have been hardest hit by the recession. Restaurants appear to be the second hardest hit. In terms of lines...
Tennessee Firms Opting Out of Workers’ Compensation Must Register
Jan 25 2011 // A new Tennessee law is requiring all construction firm owners to register with the state if they choose to opt out of the state’s workers’ compensation system. The new law is designed to protect general...
Caution: Distressed Commercial Properties
Jan 14 2011 // The American landscape is littered with partially built, financially distressed or bank owned properties. Whether they are towering condos, gleaming hotel resorts, urban mixed use or suburban office space, many of these...
Federal Audit Rips Spending for Texas’ Hurricane Ike Cleanup
Jan 10 2011 // A scathing audit by the federal Department of Homeland Security questions whether some $45 million in public money was properly spent to remove debris in the cleanup of Chambers County, one of the Southeast Texas counties...
Advice for Buyers of Distressed Construction Projects
Jan 10 2011 // Partially Built, Bank Owned, Financially Distressed Projects Pose Legal, Insurance Challenges The American landscape is littered with partially built, financially distressed or bank owned properties. Whether they are...
E&O Insights: Hotspots to Consider When Insuring Construction Risks
Jan 10 2011 // Workers’ Compensation, Certificates of Insurance, Unique Policy Language Areas of Concern Although the economy has taken its toll on the construction industry, the majority of insurance agencies probably insure a...
Federal Audit Rips Spending for Texas Hurricane Cleanup
Dec 31 2010 // A scathing audit by the federal Department of Homeland Security questions whether some $45 million in public money was properly spent to remove debris in the cleanup of Chambers County, one of the Southeast Texas counties...
Contractor’s Blow Torch Starts $2M Fire at D.C. School
Dec 28 2010 // Interim D.C. Schools Chancellor Kaya Henderson says damage to a northwest Washington school is severe after a three-alarm fire, and plans are being made to move students elsewhere when they return in January. D.C. Fire...
RLI To Acquire Contractors Bonding Insurance Co.
Dec 23 2010 // Peoria, Ill.-based RLI Corp. announcedthat it will acquire Contractors Bonding Insurance Co. (CBIC) through an acquisition of its holding company, Data and Staff Service Co. (DSS) for approximately $137 million in cash....
Sore Losers Don’t Always Win
Nov 14 2010 // Project Engineer Defeats Suit Brought by Unsuccessful Bidder The online Urban Dictionary defines a “sore loser” as “someone who loses in a fair competition but whines about it on a constant basis, blaming...
Kentucky Contractors’ Self-Insurer to Return $11 Million Dividend
Nov 4 2010 // The Kentucky Associated General Contractors Self Insurers’ Fund, a provider of workers’ compensation insurance, said it will return $11.3 million in dividends to its qualifying membership in March of 2011. The...
5 Risk Management Tips for Design Firms
Nov 1 2010 // Contracts, Emerging Risks and M&As Critical Areas to Notice As the difficult economy forces architects and engineering firms to focus their resources on keeping their firms afloat, risk management is taking a backseat....
5 Risk Management Tips for Design Firms
Nov 1 2010 // Contracts, Emerging Risks and M&As Critical Areas to Notice As the difficult economy forces architects and engineering firms to focus their resources on keeping their firms afloat, risk management is taking a backseat....
5 Risk Management Steps to Recommend to Design Firms
Nov 1 2010 // Critical Areas Include Contract Wording, M&As, Emerging Risks As the difficult economy forces architects and engineering firms to focus their resources on keeping their firms afloat, risk management is taking a...
