UPDATE: Turkey Quake Toll Mounts; Rescue Work Continues; AIR Analysis
As rescue workers continued their efforts to find survivors in the debris from collapsed buildings, the death toll from Monday’s earthquake continues to rise. Local officials have said that 279 bodies...
View ArticleAIR Estimates Turkey Insured Quake Losses at $56.5 to $170 Million
Catastrophe modeling firm AIR Worldwide estimates that insured losses from the magnitude 7.2 earthquake that struck eastern Turkey Sunday, October 23rd, near the city of Van, will be between 100...
View ArticleStagner Joins Mullis Newby Hurst as Vice President
Addison, Texas-based Mullis Newby Hurst L.P. (MNH), which specializes in construction insurance and surety bonds, hired Scott Stagner as vice president in charge of development of insurance and surety...
View ArticleBuilder Agent Network Expands Program for Texas Construction Industry
Builder Agent Network has launched a product for home building and contractor markets in Texas. The company, which functions as the managing general agency for Builders Insurance Group’s Texas...
View ArticleThe Buckner Co. Acquires Leonardson Insurance in Idaho
Salt Lake City, Utah-based The Buckner Co. on Monday announced it is expanding operations Idaho with the acquisition of Leonardson Insurance in Rexburg, Idaho. The Buckner Co.’s Rexburg office, at 1109...
View ArticleXL Group Launches Product for Construction Equipment
The marine insurance unit of XL Group has unveiled Contractor’s Equipment Coverage Solutions, a package designed to protect the equipment of general building, infrastructure and specialty contractors....
View Article$1M Damage in Washington Propane Tank Explosion
The fire department estimates property damage at $1 million from a propane tank explosion during construction work at a water treatment plant near Mukilteo. Snohomish County Fire District 1 says the...
View ArticleLeavitt Group Taps Somers
Concord, Calif.-based Jenkins Insurance Group, a Leavitt Group firm, has hired Chuck Somers as vice president of business insurance. With more than 28 years of insurance experience, Somers will...
View ArticleUK Broker BMS Launches New Global Construction Initiative
Independent global broker BMS Group announced that it has launched a new global construction initiative, to be headed by Gavin Madell, who has over twenty years’ experience in the field. BMS said the...
View ArticleJenkins Names French VP of Construction and Real Estate
Concord, Calif.-based Jenkins Insurance Group named Peter French vice president in its construction and real estate practice. French’s primary focus will encompass commercial, civil and residential...
View ArticleXL Group’s Construction Business Expands West
XL Group plc’s North America Construction is establishing a west coast underwriting operation in San Francisco, Calif. XL is setting up its west coast presence with Michael Simone, currently executive...
View ArticleAssurant Launches Solar Project Insurance
Assurant Inc. has unveiled an insurance product for commercial solar project developments designed specifically for the 100 kilowatts to three megawatts solar market. It allows developers of...
View ArticleRSA Reorganizes Global Specialty Businesses into ’3 Key Divisions’
The UK’s RSA announced that it has re-organized its specialty businesses around the world into three key divisions, as it seeks to join up brokers and customers who are seeking global expertise and...
View ArticleACE USA Enhances International Casualty Coverage
ACE USA, the U.S.-based retail operations of the ACE Group, has enhanced its international casualty coverage, ACE ATLAS CMP. The coverage is specifically designed to provide coverage for U.S.-based...
View ArticleDOE Proposes $150,000 Fine Against Bechtel
The Energy Department has proposed a $150,000 fine against Bechtel National last week for two construction incidents in Washington at the vitrification plant on the Hanford nuclear reservation. One...
View ArticleHabitat to Build Homes for Indiana Tornado Victims
Habitat for Humanity is planning to build nine houses in Madison for southern Indiana residents displaced by tornadoes. Madison’s local planning commission recommended that the city council rezone 1.25...
View ArticleDallas Man Dies in Construction Accident In La
A 24-year-old construction worker from Dallas died when a load of plywood fell on him at the site of a new jail being built behind the Cameron Parish courthouse. The American Press reports that Pablo...
View ArticleTexas Construction Company to Pay $10.5M to Settle Disability Discrimination...
Federal regulators reported that a North Texas-based construction company will pay more than $10 million to settle disability discrimination allegations related to the construction of multi-family...
View ArticleWorker Hit, Killed by Dump Truck in Work Zone
Authorities say a construction worker was killed in an eastern Missouri freeway work zone when a loaded asphalt truck backed over him. The Missouri State Highway Patrol did not immediately identify the...
View ArticleRedwood City Firm Sued Over Dumping Of Toxic Waste
San Mateo County prosecutors are suing a Redwood City construction company they claim illegally dumped five barrels of hazardous materials in a garbage bin. The lawsuit alleges that three sanitation...
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