A new study published this month challenges the claim that New York’s Labor Law 240, also known as the “Scaffold Law,” improves workplace safety. The study, titled “The Costs of Labor Law 240,” argues New York incurs additional workplace accidents …
Norman-Spencer Agency, Inc., a national insurance provider and program administrator, has made changes to its crane & boom truck program, including employee resource additions, new technology and product enhancements. The Norman-Spencer program features separate general liability, riggers, and automobile limits. …
Years before skyscrapers, when New York City’s tallest building was still the 281-foot spire of Wall Street’s historic Trinity Church, state lawmakers passed the Scaffold Law, which made property owners and contractors liable for most “gravity-related” injuries to workers on …
The parents of a construction worker killed in a New York City crane accident have settled their wrongful death lawsuit for $1 million. The Daily News says Yonkers Contracting’s insurance company Liberty Mutual agreed to settle the suit filed by …
ProSight Specialty Insurance, a global insurance group in the construction industry, has launched a new product that will provide residential and commercial contractors with additional cash flow through a “payas you build” feature with a low deposit premium called Builders …
In construction liability insurance, there is a great deal of inconsistency in determining whether faulty workmanship is an occurrence. The answer is all over the map, according to Finley Harckham, a veteran insurance attorney at the New York law firm …
Insurers have come out against a move by South Carolina lawmakers to extend general liability policies to include construction defects. The Property Casualty Insurers Association of America (PCI) says such a move would add to loss costs and potentially lead …
