Latest Contractors Headlines
All the headlines from our Contractors Topic Page, ordered by recency.
Kentucky Contractors Self Insure Fund Pays $8.6 Million Dividend
Apr 20 2010 // The Kentucky Associated General Contractors Self Insurers Fund recently returned $8.6 million in dividends to its qualifying members. This dividend return marked the 16th consecutive year in which the Kentucky AGC/SIF has...
Victor O. Schinnerer Acquires HSBC Insurance’s Energy Brokerage
Apr 1 2010 // Victor O. Schinnerer & Company, Inc. has acquired HSBC Insurance Services (USA) Inc., the energy insurance brokerage of HSBC Insurance. Effective April 1, 2010, the acquisition adds energy companies, utility companies...
Alexander J. Wayne Releases Artisan Contract Protection Product
Mar 30 2010 // Alexander J. Wayne and Associates is offering a product especially for artisan contractors and suppliers called Construction Contract Protection (CCP). The new product offers financial protection for payments on work...
OneBeacon Introduces Combination Policy for Contractors
Mar 30 2010 // OneBeacon has combined property, equipment breakdown, crime, contractors equipment, builders risk and installation in one policy for the construction industry. The Construction @vantage policy includes 25 new or enhanced...
Travelers Construction Develops Product for Tile Contractors
Mar 29 2010 // Travelers Construction Insurance has developed a new IndustryEdge product for tile contractors to help manage the need for additional insurance coverage and related services. The new IndustryEdge products include insurance...
Markel, Towing Contractors Renew Insurance Partnership
Mar 11 2010 // Markel has renewed its partnership with the Independent Garage & Towing Contractors, Inc. (IGTC) to administer a tailored insurance program for tow truck companies and to work with local agents to arrange an insurance...
A.M. Best B+ (Good) Rated Contractor GL Insurance Carrier Expanding to 35 States
Mar 10 2010 // National Contractors Insurance Company, Inc., a Risk Retention Group (“NCIC”), A.M. Best Rated B+ (Good), is expanding from 25 to 35 states, with their Commercial General Liability coverage now being made...
IRS, States Target Employer Abuse of Classification of Independent Contractors
Mar 8 2010 // The Internal Revenue Service and 37 states are cracking down on companies that try to trim payroll costs by illegally classifying workers as independent contractors, rather than as full employees, The Associated Press has...
California Proposal To Withhold Independent Contractor Fees on Hold
Mar 8 2010 // In February, California legislators considered a proposal that would have mandated a 3 percent withholding of fees paid to independent contractors. But the proposal has since been placed on hold, much to the delight of...
IRS, States Target Employer Abuse of Classification of Independent Contractors
Mar 7 2010 // The Internal Revenue Service and 37 states are cracking down on companies that try to trim payroll costs by illegally classifying workers as independent contractors, rather than as full employees, the Associated Press has...
IRS, States Target Employers’ Use of Independent Contractors
Mar 7 2010 // The Internal Revenue Service and 37 states are cracking down on companies that try to trim payroll costs by illegally classifying workers as independent contractors, rather than as full employees, The Associated Press has...
IRS, States Target Employer Abuse of Classification of Independent Contractors
Mar 7 2010 // The Internal Revenue Service and 37 states are cracking down on companies that try to trim payroll costs by illegally classifying workers as independent contractors, rather than as full employees, The Associated Press has...
American Safety Updates Contractor Coverage to Meet New Lead Paint Rule
Feb 26 2010 // American Safety Insurance (ASI) has updated its contractor pollution liability form to satisfy the exposure created by new regulation from the Environmental Protection Agency requiring any contractors to comply with new...
Contractor Settles with Alabama School System for $9M
Feb 22 2010 // Volkert & Associates Inc. has agreed to give the Mobile County Public School System $9 million to settle a 6-year-old lawsuit involving some schools where Volkert oversaw construction. School officials sued Volkert,...
Mississippi Court Rules on CGL Coverage for Subcontractor Work
Feb 19 2010 // A general contractor’s hiring of a subcontractor does not necessarily preclude coverage under its commercial general liability (CGL) policy for shoddy work performed by the subcontractor, Mississippi’s highest...
Travelers Construction Insurance Offers Wrap+ Fidelity and Crime
Feb 18 2010 // Travelers Construction Insurance and Travelers Bond & Financial Products have teamed together to offer the Wrap+ Fidelity and Crime coverage to the construction industry. The policy will help protect construction...
IRS, States Target Employers’ Use of Independent Contractors
Feb 16 2010 // The Internal Revenue Service and 37 states are cracking down on companies that try to trim payroll costs by illegally classifying workers as independent contractors, rather than as full employees, The Associated Press has...
Philadelphia Launches New Contractor Environmental Coverage
Feb 12 2010 // Philadelphia Insurance Cos. has expanded its environmental product offering with the addition of contractor environmental and professional coverage. The product is designed specifically to protect insureds from...
Massachusetts City Seeks $1.3M from Water Contractor
Feb 11 2010 // The city of Gloucester, Massachusetts has filed a $1.3 million insurance claim against the company that ran its drinking water system during last summer’s contamination crisis that required a nearly three-week long...
Contractor Seeks Claims for Property Damaged by Explosion
Feb 11 2010 // The mayor of the Connecticut town where a power plant was rocked by a fatal explosion says the general contractor building it is asking for property damage claims from neighbors. Middletown Mayor Sebastian Guiliano said...
