U.S. Home Construction Jumps 15.7% in July
U.S. home construction rebounded in July, rising to the fastest pace in eight months and offering hope that housing has regained momentum after two months of declines. Construction increased 15.7...
View ArticleACE Rolls Out Online Platform for Construction Industry
ACE Group announced that it is now providing insurance brokers, contractors and construction industry clients with access to its ACE Worldview online platform, an enhancement to traditional insurance...
View ArticleXL Group Offers Pre-qualification Service for Subcontractor Default Insureds
XL Group’s North America Construction team has added a new pre-qualification benchmarking service for Subcontractor Default Insurance (SDI) clients to make sure contractors have the right process in...
View ArticleAon Web Tool Aids Contractors Working in Multiple States
The Construction Services Group of Aon Risk Solutions has a new web-based tool to help clients navigate the risk challenges of pursuing work in multiple geographies. The Construction Risk Portal is a...
View ArticleXL Group Adds Fleet Safety Service to Construction Insurance
As nearly half of all construction fatalities involve a vehicle, XL Group North America Construction has added fleet safety training services to its construction insurance business in collaboration...
View ArticleBarney & Barney Opens Another Northern California Office
Barney & Barney announced the opening of a Walnut Creek, Calif. office to serve its growing number of clients in the East Bay. The office is in downtown Walnut Creek and will accommodate more than...
View ArticleAlliant Adds Staff to Florida-Based Construction Services Group
Alliant Insurance Services, a nationwide specialty insurance brokerage firm, has added Charlotte Smith-Wilkes to its Construction Services Group as senior vice president/wrap-up director to lead the...
View ArticleGlobal Alliance Founder Wins License to Operate Mozambique Insurer
The Mozambican unit of a company set up by Global Alliance Group founder Robert Lewis has won a license to become the southern African nation’s 17th insurer. ICE Seguros, part of London-based...
View ArticleConstruction Lawsuit Liability Bill Defeated In Colorado House
A long-awaited bill to make it harder to sue Colorado homebuilders for defective construction has failed in the Colorado legislature. The bill was rejected Tuesday by a House committee controlled by...
View ArticleIronshore Names Owen as Senior Vice President of Global Property Energy
Bermuda-based Ironshore has named Daniel Owen as senior vice president of the Global Property Energy division, effective immediately. Owen, who joined Ironshore in 2011, is currently senior vice...
View ArticleNautilus Expands Contractors Program, Reduces Rates
Nautilus Insurance, a W. R. Berkley Co., has enhanced its general liability product offering for contractors, while also expanding product availability to all states except Colorado and New York....
View ArticleW.R. Berkley Forms Construction Professional Liability Unit; Bustamante to Head
W. R. Berkley Corp. announced the creation of Berkley Construction Professional Liability Underwriters to provide professional liability, pollution liability and protective coverages for contractors...
View ArticleCalifornia Bill Would Require Disclosure of Construction Settlements
Construction companies will have to disclose building defects such as those that could have contributed to a deadly balcony collapse in Berkeley under a state legislative proposal . The bill by two...
View ArticleLondon-Based CNA Hardy Appoints Hairsine as Head of Construction
CNA Hardy, the London-based specialist commercial insurance provider within the Lloyd’s and company markets, is pleased to announce the appointment of Caroline Hairsine as the new head of Construction....
View ArticleOregon Wife Files $7.9M Suit After Husband Crushed by Dump Truck
A Medford, Ore. woman has filed a lawsuit against two construction companies after he husband was crushed to death by a dump truck in a construction area on Interstate 5 near Cottage Grove. The Mail...
View ArticleLondon-Based Brit Opens Singapore Office, Operating via Lloyd’s Platform
Brit Ltd., the London-based specialty insurer, has opened an office in Singapore, which will begin operations on March 1 via the Lloyd’s Singapore platform. Brit has received approval to begin...
View ArticleNovae Launches Construction Unit with Appointment of Cross
Novae Group plc, the specialist listed Lloyd’s insurer, announced that Steve Cross has joined as unit head – construction. He is based in London and reports to Stuart Heath, divisional head of...
View ArticleTravelers & Novae Join Lloyd’s Construction Consortium; Capacity Rises to $320M
Two insurers, Travelers and Novae, have joined the Construction Consortium at Lloyd’s to offer greatly increased underwriting capacity for the largest construction risks in the world across all major...
View ArticleCalifornia Jury Awards $16.3M to Family of Construction Worker
A Los Angeles jury has awarded $16.3 million to the family of a construction worker who fell to his death at a wastewater treatment plant. City News Service says the Superior Court panel this week...
View ArticleLas Vegas Scaffolding Collapse Kills Construction Worker
Officials say a Las Vegas construction worker has died after a scaffolding collapse. Las Vegas Fire & Rescue says the scaffolding collapsed at a Tivoli Village construction site on Monday...
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