Latest Contractors Headlines
All the headlines from our Contractors Topic Page, ordered by recency.
Safe and Sound
Jul 6 2009 // Making the Connection for Contractors Contractors with a sharp eye for their bottom line are smart to place a premium on safety. Insurance agents and brokers tend to know a construction business that avoids injuries is not...
American Safety Insurance Acquires Oklahoma’s Victore Insurance Co.
Jul 2 2009 // Bermuda-based American Safety Insurance Holdings Ltd. reported that its American Safety Casualty Insurance Company (ASCIC) subsidiary has acquired, for cash, Victore Insurance Company (VIC), an Oklahoma domiciled admitted...
C.V. Starr Offers Primary General Liability for Commercial Contractors
Jul 1 2009 // C.V. Starr & Co. is broadening its product mix with PrimeSTARR, a product for small to medium- sized commercial trade and general contractors. PrimeSTARR is being offered through Starr Indemnity. It boasts primary...
Software Tracks Contractors’ Insurance Certificates, Policies
Jun 16 2009 // GG-One Software, Inc. is offering software, iFastrack for the Web, which helps agents provide a value-added service to their clients that tracks insurance certificates and contracts. The iFastrack software allows companies...
Construction Projects at a Standstill
Jun 15 2009 // Risk Management Considerations to Help Protect and Preserve Properties on Hold In the current economic and credit crisis, construction entities — project owners, contractors, architects, engineers, material and equipment...
Contractor’s General Liability Coverage Limitations – A Road Filled with Landmines
Jun 15 2009 // Gencon, a general contractor, was nearly finished constructing a five-story apartment building when an employee accidentally damaged a sprinkler head causing a leak. Gencon made an emergency call to the plumbing store next...
NIP Expands Contractors’ Program Into 9 New States
Jun 8 2009 // Woodbridge, N.J.-based NIP Programs, a division of NIP Group Inc., is expanding coverage for its SitePro insurance program into nine new states. The SitePro program is a specialty insurance program designed specifically...
Stop-Work Order Bill Awaits Signature by New Jersey Governor
Jun 3 2009 // The head of New Jersey’s workers’ compensation division could begin issuing stop-work orders against contractors for misrepresenting employee headcounts under a bill awaiting signature by Gov. Jon Corzine. The...
Court: Insurer Must Indemnify Contractor in Mass. ‘Sick Building’ Case
May 18 2009 // A federal court ruled that an insurer has a duty to defend and indemnify a flooring company which installed carpets and tiles in a Massachusetts office that were so fume-ridden, they made the building unusable. In a...
Contractors’ Proof of Liability Coverage Bill Sent to Oklahoma Gov.
May 13 2009 // Oklahoma Senate Bill 306, by Sen. Debbe Leftwich, which requires contractors to provide proof that they have general liability insurance is headed for the desk of Gov. Brad Henry. “We’ve seen too many cases of...
Travelers Launches New Product for Building Services Contractors
May 12 2009 // Travelers has unveiled a new coverage the company says will help building services contractors better minimize their risks. Travelers’ new IndustryEdge product for Building Services Contractors includes core lines of...
Contractor Appeals in Pennsylvania Electrocution Lawsuit
May 4 2009 // A contractor wants an appeals court to dismiss a lawsuit brought by the parents of a Pittsburgh-area soldier electrocuted in an Army barracks shower in Iraq. The notice of appeal filed Thursday by KBR Inc., doesn’t...
AIU Launches Contractor’s General Liability Endorsement
May 1 2009 // AIU Holdings Inc.’s Construction Risk Management Group launched a new product, the Contractor’s Commercial Prime Endorsement, which combines 21 coverage extensions now added automatically to its commercial...
Court: Insurer Must Indemnify Contractor in Mass. ‘Sick Building’ Case
Apr 30 2009 // A federal court ruled that an insurer has a duty to defend and indemnify a flooring company which installed carpets and tiles in a Massachusetts office that were so fume-ridden, they made the building unusable. In a...
Oregon Ruling: Private Contractors Can be Sued
Apr 21 2009 // The Oregon Supreme Court has ruled that private contractors working for public agencies can be sued separately for liability claims. In a unanimous decision, the court said a private company that contracts to perform...
ACE USA Launches Green Contractors Program
Apr 15 2009 // ACE USA, the U.S.-based retail operating division of the ACE Group of Companies, launched ACE Green CPLSM , a contractors pollution liability program. The new program will help address the growing risks and potential...
Texas High Court Reaffirms Controversial Entergy Workplace Ruling
Apr 6 2009 // After agreeing to a rare rehearing, the Texas Supreme Court on April 3 upheld its decision that – despite what some lawmakers say – a “premises owner” cannot be sued by injured employees of a...
Central Texas Hail Storm Racks up $160M in Losses
Mar 30 2009 // Many Central Texans are still cleaning up from a large hail storm on last week that knocked out windows, smashed roofs and dented thousands of automobiles causing an estimated $160 million in insured losses. The storm...
Contractor Insurance Professionals Benefit With Five Point Advantage Plan from The American Contractors Agency
Mar 25 2009 // Since 1993, The American Contractors Agency (ACA) has provided specialty services, products and resources to thousands of professional contractors. HUNDREDS of contractors each month request GENERAL LIABILITY INSURANCE...
States Gear Up for Stimulus Package
Mar 23 2009 // Impact on Insurance Industry May be Minimal, Experts Say The $787 billion stimulus package passed by Congress looms as the largest mountain on the country’s newly changed economic landscape. But despite hope that the...
