Best Read Construction Headlines
Headlines from our Construction Topic Page with the most time spent reading.
#1 New Home Construction Surges by Most in 3 Decades in May
Jun 20 2023 // Groundbreaking on U.S. single-family homebuilding projects surged in May by the most in more than three decades and permits for future construction also climbed, suggesting the housing market may be turning a corner after...
#2 Construction Firm Denies Illegal Dumping Charges as ‘Legally, Factually Baseless’
Jan 23 2023 // A Massachusetts construction company charged with illegally dumping thousands of tons of contaminated fill in Rhode Island during a highway construction project says it has done nothing wrong. The Rhode Island attorney...
#3 Markets/Coverages: Sapiens to Integrate OpenAI for Insurers; WTW’s New Product for Intangible Assets; 2 New Construction Programs at Procore
May 23 2023 // Sapiens International Corporation, a global provider of software solutions for the insurance industry, announced an agreement to integrate Microsoft Azure OpenAI Service to harness the most advanced generative AI models...
#4 Manhattan DA Brings Charges in Alleged Affordable Housing Construction Fraud
May 3 2023 // Manhattan District Attorney Alvin L. Bragg, Jr. announced indictments charging eight individuals and six companies with fraud and corruption within the construction industry, including conspiring to fraudulently use...
#5 People Moves: Woodruff Sawyer in California Adds Valdez to Construction Team
Jun 16 2023 // Jamin Valdez has joined Woodruff Sawyer as vice president, construction. He will be based in Southern California. His focus is on construction and environmental risks. Before joining Woodruff Sawyer, Valdez was a senior...
#6 People Moves: NFP Names Head of N.A. Construction Advisory; New Chief Underwriting Officer at Everspan
Jan 6 2023 // NFP Names Canning SVP NFP has named Andrew Canning senior vice president and head of project risk advisory for the company’s growing North America construction and infrastructure group. The group, part of NFP’s...
#7 People Moves: Donavan CUO at Boost; Tasker New Head of AGCS Energy, Construction; 2 Hires at Liberty Mutual GRS
Sep 12 2022 // Boost Insurance Appoints Emy Donavan as Chief Underwriting Officer Boost appointed Emy Donavan as chief underwriting officer. She will oversee the company’s program underwriting, product development, and portfolio...
#8 New Jersey Beach Town Fined $12M Over Unapproved Past Construction Work
Feb 27 2023 // NORTH WILDWOOD, N.J. (AP) — The sandstorm being waged between New Jersey environmental officials and a defiant shore town bolstering its dunes without state permission is intensifying. The state Department of...
#9 People Moves: Coppola New CUO at QBE; FloodFlash Names N.A. CEO; Liberty Mutual Hires in Energy, Construction
Nov 15 2022 // QBE North America Appoints Coppola Chief Underwriting Officer Laura Coppola QBE North America has appointed Laura Coppola as chief underwriting officer. Coppola joins the company with more than 25 years of technical...
#10 Hardening Construction Market Gives Way to Rise of Captives
Jan 25 2023 // Amid a historically hard construction market, middle and large-sized companies looking for alternatives to traditional insurance may turn to captives to find stable pricing and greater capacity. Captives, licensed...
#11 Brokers Must Get Creative As Construction Market Grows Amid Project Delays, Labor Shortage, Higher Costs
Jun 19 2023 // The U.S. construction sector continues to see strong growth in various sectors and geographies but higher interest rates, higher building costs, and a decades-long shortage of skilled labor are contributing to a...
#12 Surety Bonds Offer Protections and Economic Benefits to Both Public and Private Sector Construction
Jan 31 2023 // This post is part of a series sponsored by IAT Insurance Group. The perfect storm of inflation, supply-chain disruptions and ongoing labor shortages is adding additional risk factors to construction projects in...
#13 Construction-Defect Subrogation on the Rise But it Just Became More Difficult in Florida
Jun 27 2023 // Florida lawmakers this year approved a measure that could help reduce liability insurance premiums for home and condo builders – and limit exposure and litigation for liability insurers. But Senate Bill 360, which took...
#14 People Moves: Canopius Hires Liberty Mutual’s Johnson as CUO U.S., Bermuda; AXA XL Promotes McKinley to Casualty Leader for N. America Construction
Oct 17 2022 // Canopius Hires Liberty Mutual’s Johnson as CUO U.S. and Bermuda Canopius Group, a global specialty re/insurer, announced it has hired Coleman V. Johnson as its chief underwriting officer US and Bermuda. Johnson joins...
#15 New York City Construction Crane Catches Fire, Collapses and Crashes
Jul 27 2023 // A towering construction crane caught fire high above the West Side of Manhattan on Wednesday morning, causing its long arm to snap off, smash against a nearby building and plummet to the street as people ran for their...
#16 Body of Construction Worker Found After Pennsylvania Construction Site Collapse
Sep 2 2022 // State police say the body of a worker was found in the rubble of a collapse at a construction site in Pennsylvania. Trooper Megan Frazer said the body of the 30-year-old man was found at about 9:45 p.m. Tuesday at the site...
#17 Houston Men Charged With Burning Down Medical Center Under Construction
Jun 22 2023 // A 38-year-old Houston, Texas man is in custody on charges of maliciously using explosive materials resulting in physical injury and conspiracy to do so. Authorities arrested Jason Vernon Rogers on June 13. Truong Quoc...
#18 45 Years Ago, the Deadliest Construction Accident in U.S. Killed 51
Apr 27 2023 // It was 45 years ago today that a huge scaffold system collapsed inside a cooling tower under construction at a West Virginia power plant, sending 51 workers tumbling to their deaths 170 feet below. Eleven members of one...
#19 EEOC Targets Construction Diversity, Equity & Inclusion
Jun 19 2023 // The construction industry is critical to our nation’s economy. It is also one of the country’s largest industries, employing nearly 11.8 million people in 2022. But for more than a decade, construction has...
#20 Construction Owners Accused of Submitting Fraudulent Bonds for New York Storm Projects
Jun 20 2023 // Federal officials report they have charged two construction company owners with submitting fraudulent bonds in connection with storm recovery and reconstruction projects in New York. Rawinder Dhillon and Amninder Singh...
