Insurance Journal

JANUARY 14, 2025

10, 2025 in federal court in Boston for defrauding the Internal Revenue Service (IRS) and Travelers Insurance Co. over wages he paid to employees of his two construction companies. A Hopkinton man was sentenced on Jan. According to U.S. Attorney …

Construction 105

Construction Insurance 105

Insurance Journal

MARCH 30, 2025

Contractors insurance groups say worker injuries are being faked at an unprecedented rate across New York’s construction sites in hopes of receiving workers’ compensation benefits and liability insurance payouts, according to court filings and an ABC News report. Worker advocates …

Construction 105

Construction Insurance 105

Insurance Journal

NOVEMBER 13, 2024

This edition of International People Moves details appointments at the broker Price Forbes and the MGA Altea Insurance. Price Forbes Taps BMS’s Morgan for Global Construction Team Price Forbes, the London-based broker, … A summary of these new hires follows here.

Construction 98

Construction Insurance 98

Insurance Journal

NOVEMBER 18, 2024

A construction industry captive insurer along with three construction contractors have filed a lawsuit alleging a massive New York fraud scheme involving staged workplace accidents and bogus workers’ compensation and personal injury lawsuits backed by complicit lawyers and medical providers.

Construction 119

Construction Insurance 119

Insurance Journal

AUGUST 11, 2024

PCF Insurance Services acquired the insurance business of DLD Insurance Brokers in Irvine, California. DLD Insurance Brokers specializes in serving companies in the construction, real estate, manufacturing, medical device and technology sectors. PCF Insurance Services is headquartered in Lindon, Utah, …

Real Estate 111

Real Estate Insurance Manufacturing Construction 111

Insurance Journal

AUGUST 8, 2024

Pro Pallet, LLC, a Pennsylvania-based construction company, will pay $50,000 and furnish other relief to settle a retaliation lawsuit filed by the Equal Employment Opportunity Commission (EEOC). According to the EEOC’s lawsuit, a human resources manager received a complaint of …

Construction 111

Construction 111

Insurance Journal

JUNE 16, 2025

Everest announced its international insurance division has launched a unified specialties business, bringing together its offerings across marine, aviation, energy & construction, cyber, and industry practices. Paul Trueman has been appointed to lead the new unit, as head of Specialty …

Construction 66

Construction Insurance 66

Insurance Journal

JUNE 6, 2025

A Japanese company has halted construction on a $1.6 billion factory in South Carolina to help make batteries for electric BMWs, citing “policy and market uncertainty.” ” While AESC didn’t specify what those problems are, South Carolina’s Republican governor said the …

Construction 91

Construction Insurance 91

Insurance Journal

NOVEMBER 18, 2024

AP) — Firefighters in Kentucky’s largest city rescued a construction worker on a demolition team who fell into a void Thursday and became trapped in rubble, requiring a tedious, hours-long operation to dig him out. LOUISVILLE, Ky. (AP) The rescue was …

Construction 98

Construction 98

Insurance Journal

SEPTEMBER 17, 2024

Department of Labor investigation has recovered $77,206 in back wages for five workers employed on a federally funded construction project after finding one subcontractor failed to pay prevailing wages and fringe benefits and another submitted falsified payroll records.

Construction 103

Construction 103

Insurance Journal

OCTOBER 22, 2024

Environmental Protection Agency announced a $180,000 settlement with All Point Construction LLC in Allen Park, Michigan to resolve alleged violations of the federal lead renovation, repair and painting regulations. After receiving a complaint from a resident, EPA launched an …

Construction 105

Construction 105

Insurance Journal

SEPTEMBER 19, 2024

Three families of immigrant construction workers killed when Baltimore’s Francis Scott Key Bridge collapsed after it was hit by the cargo ship Dali plan to challenge the attempt by the ship owner and operator to limit their liability for the …

Construction 105

Construction Insurance 105

Insurance Journal

JUNE 15, 2025

The Liberty Company Insurance Brokers hired Connor Dann as vice president, producer. In his new role, Connor focuses on expanding Liberty’s presence in key markets, particularly within the construction and real … Dann is based in Liberty’s Woodland Hills, California, office.

Construction 67

Construction Insurance 67

Insurance Journal

MAY 19, 2025

Protecdiv, headquartered in Philadelphia, Pennsylvania, hired David Castillo as executive vice president and national construction practice leader. In this newly created role, Castillo leads the strategic growth and development of Protecdiv’s construction and surety business. Castillo has 0 years of …

Construction 89

Construction 89

Insurance Journal

APRIL 23, 2025

A Thai-Chinese company denied Monday allegations its steel rods did not pass safety standard tests after nationwide criticism prompted an investigation into the collapse of a high-rise building under construction after an earthquake last month in Bangkok. Authorities are probing …

Construction 80

Construction Insurance 80

Insurance Journal

JULY 16, 2024

The families of two construction workers killed when an airport hangar in Idaho collapsed are suing several companies that were involved in the building process, alleging the businesses recklessly cut corners and used inappropriate materials for the build. The private …

Construction 103

Construction 103

Insurance Journal

FEBRUARY 24, 2025

A Texas man was sentenced last week to more than 13 years in prison for constructing a $5 million insurance fraud scheme, the U.S. Attorney’s Office, Northern District of Texas announced. Jordan Ford, 32, was charged via criminal complaint in …

Insurance 90

Insurance Construction 90

Insurance Journal

OCTOBER 28, 2024

More than 100 people were arrested late last week in storm-ravaged Pinellas County, Florida, charged with looting homes and working as unlicensed contractors, two weeks after Hurricane Milton forced many residents to evacuate. Pinellas County Sheriff Bob Gualtieri said that …

Construction 126

Construction Insurance 126

Insurance Journal

MARCH 21, 2025

construction claims leader. Marsh, headquartered in New York City, appointed Fran Curran as U.S. surety leader and Todd Schweitzer as U.S. Based in Philadelphia, Curran is a 24-year veteran of Marsh who most recently served as the Southeast surety practice …

Construction 91

Construction 91

Insurance Journal

MAY 20, 2025

Ryan Specialty, the Chicago-based international specialty insurance firm, announce that it has acquired 360 Underwriting (360), a managing general underwriter specializing in commercial construction. 360 is based in Dublin and Galway, Ireland, and will become a part of the Ryan …

Construction 109

Construction Insurance 109

Insurance Journal

AUGUST 26, 2024

Christensen Group Insurance, headquartered in Eden Prairie, Minnesota, appointed Chuck Mazzanti to spearhead its expansion into the Chicago metropolitan area. He most recently served as a construction … Mazzanti is a commercial lines producer with over 15 years of industry experience.

Insurance 85

Insurance Construction 85

Insurance Journal

APRIL 22, 2025

Global insurance broker Marsh USA filed suit against competitor Aon and a former Marsh team leader for allegedly poaching key members of Marsh’s construction surety team who resigned and moved to Aon last month. A complaint filed by Marsh in …

Construction 66

Construction Insurance 66

Insurance Journal

MARCH 20, 2025

A new report identifying commercial litigation waves likely to pick up steam in 2025 highlights one particular theme that could further lengthen the tail of general liability claims for insurers writing policies for contractors and builders. The 2025 “Commercial Litigation …

Construction 59

Construction Insurance Litigation 59

Insurance Journal

AUGUST 6, 2024

Global insurance brokerage Hub International Limited announced it has acquired Insurance Management Company (IMC).

Construction 110

Construction Insurance 110

Insurance Journal

MAY 6, 2025

Established in 2022, Aspera is a boutique insurance and reinsurance broker specializing in industrial property, power & energy, plus construction. Gallagher announced it has acquired Turkey-based Aspera Sigorta ve Reasrans Brokerlii A.. Terms of the transaction were not disclosed.

Insurance 77

Insurance Construction 77

Insurance Journal

JANUARY 2, 2025

Marsh McLennan Agency (MMA) announced the acquisition of Acumen Solutions Group LLC, a Melville, New York-based insurance agency. Founded in 2012, Acumen provides personal insurance and customized commercial insurance programs, with specialties in the construction, real estate, and aviation industries.

Real Estate 105

Real Estate Construction Insurance 105

Insurance Journal

MAY 27, 2025

A new Alabama study of hurricane-affected homes sends a clear message to insurers and homeowners nationwide: climate-resilient construction methods can protect homes, and save a lot of money. The first-of-its-kind analysis, released this week, reviews thousands of insurance claims linked …

Insurance 66

Insurance Construction 66

Insurance Journal

APRIL 20, 2025

Fraud has long plagued the insurance industry, particularly in sectors like New York construction and habitational real estate. From staged trips and falls to fraudulent claims orchestrated by networks of bad actors–including lawyers, doctors, and claimants–the industry has been burdened …

Real Estate 77

Real Estate Insurance Construction 77

Insurance Journal

JANUARY 15, 2025

Clayco, a Chicago-based builder led by billionaire Bob Clark, is positioning itself to grab for more of the boom in data centers. The company is starting a new unit called Clayco Compute to sharpen the focus on data centers and …

Construction 105

Construction 105

Insurance Journal

JUNE 4, 2025

Four construction companies in Washington were fined more than $500,000 combined for violating rules about workers using fall protection gear in the past three months. The fines were issued by the Washington State Department of Labor & Industries, which the …

Construction 59

Construction 59

Insurance Journal

JULY 23, 2024

a global insurance brokerage and financial services firm, has acquired Wade Associates, an independent agency with offices in North Carolina. Wade has specialized in property/casualty insurance for construction, manufacturing, health care and technology sectors, Hub said in … Hub International Ltd.,

Manufacturing 105

Manufacturing Construction Insurance Technology 105

Insurance Journal

APRIL 8, 2025

construction team with five new hires who will join Allianz Commercial’s Master Builder’s Risk team by mid-April. Allianz Commercial, headquartered in New York City, expanded its U.S. Kristen Hoskinson was appointed executive underwriter team leader for Allianz Commercial. Based in …

Construction 75

Construction 75

Insurance Journal

NOVEMBER 13, 2024

Aviva’s Lloyd’s business Probitas announced it began to quote for five new classes of business – marine (cargo, fine art & specie, and ports & terminals), construction, renewable energy, contingency/event cancellation, and mergers & acquisitions (M&A), effective Nov. This …

Construction 98

Construction Insurance 98

Insurance Journal

SEPTEMBER 25, 2024

The Iowa Insurance Division has issued a cease-and-desist orderagainst William Campbell and All or Nothing LLC, a Clive, Iowa limited liability company doing business as All or Nothing Roofing and Construction. The order claims that Campbell and his company have …

Construction 105

Construction Insurance 105

Insurance Journal

DECEMBER 17, 2024

Atlanta-based PointeNorth Insurance Group, a broker and agency specializing in commercial insurance, including transportation, construction and condominium coverage, has continued its rapid pace of growth with the addition of another Georgia agency. PointeNorth has acquired Caldwell & Langford Insurance in …

Construction 98

Construction Insurance 98

Insurance Journal

JANUARY 29, 2025

This edition of International People Moves details appointments at the re/insurer Canopius Group and the broker Evolin. Patel Named Chair of Canopius Managing Agents, Succeeding Meader Canopius Group, the global specialty re/insurer, … A summary of these new hires follows here.

Construction 92

Construction Insurance 92

Insurance Journal

MAY 6, 2025

construction practice leader. Marsh, a business of Marsh McLennan headquartered in New York City, appointed Jim Dunn as U.S. Based in Atlanta, Georgia, Dunn will report to Michael Pellegrini, U.S. and Canada specialty leader, Marsh. Dunn has over 30 years …

Construction 59

Construction 59