Renovation at the Deli, Part 2
If you didn’t read last week’s post, Renovation at the Deli; A Story About Additional Insureds, go ahead and do that now. It’ll give you the background on this week’s post. When Frank (the deli owner)...
View ArticleTMK Offers Construction Insurance in UK, Ireland via Online Broker Portal
Tokio Marine Kiln (TMK), the international specialist insurance business, has added construction to its One TMK broker portal. The tailor-made construction insurance product is underwritten through a...
View ArticleMGA Pen Underwriting Launches Specialist Cover for UK Construction Market
Pen Underwriting* has launched a new product to address the UK construction industry’s wide-ranging, complex risk exposures. Backed by “A”-rated capacity from specialist insurer CNA Hardy, the single...
View ArticleAGCS Appoints Smith as Head of Engineering, Regional Unit London
Allianz Global Corporate & Specialty (AGCS)* has appointed Paul Smith as head of Engineering, Regional Unit London (RUL). He reports regionally to Carsten Scheffel, AGCS board member and chief...
View ArticleCastel Specialty Launches Global Construction Business
Castel Specialty, a division of Castel Underwriting Agencies Ltd., has expanded its portfolio with the launch of Castel Construction. London-based Castel Underwriting Agencies, part of Barbican...
View ArticleFire That Threatened 100 Homes in Nevada Began at Construction Site
Fire investigators say a blaze on the west edge of Reno, Nev. that threatened as many as 100 homes and destroyed two construction trailers started at a home construction site. Truckee Meadows Fire...
View ArticleLowdown on Construction – A Report to Share
One of the easiest ways to remain connected with your network of referral sources, your clients, and prospects, is to share a piece of meaningful content. This week’s Lowdown directs you to a report...
View ArticleEnsurance UK Launches Combined Construction Liability Product
Ensurance UK Ltd., the niche construction and engineering managing general agent (MGA) and Lloyd’s coverholder, has launched a combined construction liability product, backed by Faraday Syndicate 435...
View ArticleInsurers Broadening Architects, Engineers Liability Coverage: Survey
While the market for architects and engineers professional liability insurance remains intensely competitive, many insurers providing this coverage are weighing new policy enhancements that offer...
View ArticleWhat’s New in Today’s Construction Insurance Market
Brokers who specialize in the construction industry love their clients and are very committed to keeping up with their needs. Ask them, “So what’s new?” and the conversations inevitably veer off in...
View ArticleStudy Finds Massachusetts Workers in Dangerous Jobs More Prone to Overdoses
A study has found that construction workers are six times more likely to die from opioid overdoses than all other occupations in Massachusetts. The state Department of Public Health reported Wednesday...
View ArticleReutter Named Head of Construction for Zurich NA
Insurer Zurich North America has tapped Karen Reutter to lead its Construction unit. Reutter, who recently led the construction practice of a major insurance broker, also worked in Zurich’s...
View ArticleWillis Towers Watson Names Kinzer Head of Construction Brokerage
Insurance broker and advisor Willis Towers Watson has named Kelly Kinzer as head of Construction Broking in its Corporate Risk and Broking segment. Kinzer, a 15-year industry veteran, joined Willis...
View ArticleThe Lowdown: Share The ABCs of Job Site Safety
Of the 200 fatalities under investigation by OSHA during the first 8 months of 2018, these terms appear in 148 of those deaths,- accidentally crushed, struck or fell from, fell off of, fell into…or...
View ArticleSupply and Demand and Other Essential Variables That Affect Rebuilding Costs
This post is part of a series sponsored by CoreLogic. Most people understand that the goal of a homeowner’s policy is to restore a home and possessions to the way they were should a catastrophic (CAT)...
View ArticleChina Re Launches Renewable Energy Consortium for Offshore Wind Farms in China
China Re Corp. announced the launch of a renewable energy consortium at Lloyd’s, focused on project specific reinsurance for the construction and operation of offshore wind farms in mainland China....
View ArticleThe Lowdown: May is National Safety Stand-Down Month
What’s coming up for your construction clients? The 6th annual National Safety Stand-Down takes place May 6-10, 2019. First initiated by OSHA in 2014, the week encourages construction companies of all...
View ArticleHuman Error May Have Caused Seattle Crane Collapse, Experts Say
Human error may have caused a crane collapse that killed four people and injured four others over the weekend, experts said Monday. Based on videos of the collapse, they said it appears workers who...
View ArticleConstruction Crane Collapses on House, Apartment Building in New Jersey
Strong winds may be to blame for the collapse of a construction crane in New Jersey. The crane came down onto a house and an apartment building across from Rutgers University in New Brunswick on Sunday...
View ArticleMassive Fire Breaks Out at N. Zealand Convention Center Building Site
New Zealand’s flagship international convention center project faces further significant delays as a fire at the central Auckland construction site continues to burn more than 22 hours after breaking...
View ArticleCalifornia Leads Nation in Surplus Lines Premiums on 5th Year of Record Growth
Premium data from all surplus lines stamping offices for 2019 shows that California once again led the nation in total surplus line premiums, possibly boosted by construction spending and wildfires....
View ArticleLarge Crane Collapses at Los Angeles Stadium Site, No Injuries Reported
A large construction crane collapsed Friday morning outside SoFi Stadium, the new home of the NFL’s Los Angeles Chargers and Rams, according to the fire department. No injuries were reported....
View ArticleConstruction Contractor Getting $184M in Colorado Settlement
The Denver International Airport has settled a dispute for more than $180 million with a contracting company that was fired before completing a terminal renovation project. The airport filed an...
View ArticleTexas’ Paramount GA Launches Online Platform for Transportation Risks
Tyler, Texas-based Paramount General Agency, a licensed program administrator with a focus on the long-haul trucking industry, has launched an online platform offering a multi-line suite of insurance...
View ArticleTrench Collapses, Kills Construction Worker in Utah
Authorities say a 36-year-old man died after the trench he was working in collapsed at a construction site south of Provo, Utah. Spanish Fork Police Lt. Brandon Anderson tells KSL-TV that emergency...
View ArticleOregon Contractor Fined for Multiple Job Safety Violations
Oregon OSHA has fined a general contractor in Roseburg more than $38,000 for multiple serious job safety violations, including repeatedly failing to follow the minimum requirements to protect workers...
View ArticleContractors Involved in California Stadium Construction Death Cited
California’s workplace safety agency has cited two companies for violations in connection with the death of a construction worker who fell from the roof at SoFi Stadium, the new home of the NFL’s Los...
View ArticleWashington Court Upholds Authority to Pursue Charges in Workplace Death
The Washington State Supreme Court has ruled that an employer can be charged with a felony in connection with a workplace fatality. The recent decision clears the way for the King County Prosecutor to...
View ArticleMaintaining Surety Credit in Times of Growth and Transition
This post is part of a series sponsored by Old Republic Surety. Growth, expansion and acquisitions are all good, right? Not necessarily. Here’s what you need to know to keep your construction company...
View ArticleLessons from the Field: Why Business Continuity Planning Is Essential
This post is part of a series sponsored by Old Republic Surety. Perpetuation is a concern not only for insurance agencies and sureties, but also for their construction company clients. Without a...
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