Latest Contractors Headlines
All the headlines from our Contractors Topic Page, ordered by recency.
Contractors Slow to Sign Up Under Idaho’s Proof of Insurance Law
Nov 28 2005 // Less than 10 percent of Idaho home builders and contractors have signed up for the state’s new contractor registration list that takes effect in January. The new law requires contractors who do more than $2,000 worth...
NAMIC Concerned about Oregon’s Single Construction Liability Insurer
Nov 23 2005 // The National Association of Mutual Insurance Companies (NAMIC) has announced it is concerned about Oregon’s Construction Claims Task Force (CCTF) decision to designate a “single private insurer” to...
The Four C’s of Risk Management for the Oil and Gas Operator – Contracts
Nov 21 2005 // (Editor’s note: This is the second in a series of articles on risk management for oil and gas operators. The first appeared in the Aug. 22, 2005, issue of Insurance Journal–Texas/South Central.) In the first...
Excess/Umbrella–California Contractors
Nov 21 2005 // Nuts & Bolts: SIU LLC is offering a new excess/umbrella market for contractors available in California. Dollars: Deductibles are $10,000; minimum premiums are $1,500; and the policy limits are $5...
Residential General Contractors Liability
Nov 21 2005 // Nuts & Bolts: Jack Nebel Companies is now offering residential general contractors liability in Illinois, Indiana, Michigan, Minnesota and Wisconsin. Policy limits are $5 million/$5 million. The carrier is the...
Case Law Watch
Nov 21 2005 // Eaton v. Continental Casualty Co. (California Court of Appeals, 2nd District, Sept. 15, 2005) Ruling: The court held that the insured’s suit against an excess insurer was not barred by the four-year statute of...
Contractors Backlogged With Work Orders, Predict a Long Wait for Repairs
Nov 20 2005 // South Florida roofing contractors, who were already overloaded and backlogged with work orders from previous hurricanes, say they are having difficulties facing nearly impossible demands in Dade and Bro-ward counties after...
The Four C’s of Risk Management for the Oil and Gas Operator – Contracts
Nov 20 2005 // In the first article of this series we discussed the importance of the retail broker reading, studying and comprehending the various contracts that control the oil and gas operator’s world. There are two areas of...
Actions and Proceedings
Nov 20 2005 // Eaton v. Continental Casualty Co. (California Court of Appeals, 2nd District, Sept. 15, 2005) Ruling: The court held that the insured’s suit against an excess insurer was not barred by the four-year statute of...
Sloan Mason Offering New Contractors GL Capability for Calif., Nev.
Nov 17 2005 // San Diego-based Sloan Mason is now offering highly competitive GL coverage with an AM Best ‘A IX’ rated carrier, for contractors, as follows: * Plumbers, electricians, concrete pumping, painters, HVAC and many...
Moody Offers Colorado Roofing Workers’ Comp Program Dividend
Nov 8 2005 // Moody Insurance Agency, which specializes in insurance, risk management and bonding services for contractors, has announced a $313,800 dividend — an increase of $99,399 over last year’s dividend — for 19...
WILMA VICTIMS TOLD TO USE CAUTION
Nov 7 2005 // Attorney Gen-eral Charlie Crist has advised Florid-ians to use extra caution when hiring workers to help clean up the damage caused by Hurricane Wilma. He warned victims of water damage and downed trees to be alert for...
Sewer and Water-Main Contractors Program
Nov 7 2005 // Nuts & Bolts>Nuts & Bolts: Sloan Mason Insurance Serivces is providing WC/GL/Auto/UMB for sewer and water main contractors. Utility contractors can perform work in new tract developments, as well as usual public...
News Briefs
Nov 6 2005 // ALABAMA Vesta Reinsurance To Cover Wilma Vesta Insurance of Birmingham, issued a statement saying it has complete reinsurance coverage for Hur-ricane Wilma claims in Florida. “As previously disclosed, Vesta’s...
Fla. Attorney General: Price Gouging Complaints Rise for Repairs, Cleanup
Nov 2 2005 // With Floridians beginning the rebuilding process in the wake of Hurricane Wilma’s assault one week ago, Attorney General Charlie Crist said his office’s Price Gouging Hotline has seen a spike in repair and...
San Diego Contractor Ordered to Pay $37,669 in Restitution to State Fund
Oct 28 2005 // San Diego County Superior Court Judge George W. Clarke has sentenced Valley Center businessman John Presley to three years formal probation and ordered him to pay $37,669 in restitution to California’s State...
Fla. Attorney General Cautions Hurricane Wilma Victims To Use Care In Hiring Workers
Oct 24 2005 // Attorney General Charlie Crist has advised Floridians to use extra caution when hiring workers to help clean up the damage caused by Hurricane Wilma. In particular, Crist warned those who are victims of water damage and...
Chubb’s Contractors Equipment Express
Oct 17 2005 // The Chubb Group of Insurance Companies created an online system designed to make it easier for agents and brokers to quickly obtain a rate, quote or binder for contractors’ equipment risks with schedules up to $5...
Nev. Comp Provider Returns Premiums, Pays Dividends to Employers
Oct 11 2005 // Builders Insurance Co., one of Nevada’s two largest workers’ comp insurers, and the state’s largest contractor-only workers’ comp provider, has paid out a set of safety-related dividends and...
Chubb Adds Online Tool for Contractors’ Equipment Risks
Oct 5 2005 // The Chubb Group of Insurance Companies has created an online system that enables agents and brokers to quickly obtain a rate, quote or binder for contractors’ equipment risks with schedules up to $5...
