The insurance market for construction firms, architects and engineers appears to be hardening, according to the latest Lockton Market Update.

USI Insurance Services has completed an acquisition of some property-casualty companies that will allow it to expand its presence in Long Island, Rockland County and the Hudson Valley, as well as Northern New Jersey, company officials said.

A piece of President Barack Obama‘s State of the Union Address may offer hope to the property-casualty insurance industry, struggling with a soft market and limited construction projects.

The owners of a Seattle construction firm are accused of overbilling insurers to the tune of more than $472,000.

James and Cheryl-Lyn Philo face 19 counts of felony theft after bilking …  Read →

Workers earning less money were twice as likely last year to have their defined-benefit plans frozen than workers in the top income brackets, a new government report indicates.

Starr Indemnity & Liability Co. and Chubb & Son have entered into an underwriting agreement for workers’ compensation coverage for construction, energy and environmental customers.

Companies who rent, lease or operate cranes are the target for a new program launched by Chicago, Ill.-based CNA Select Risk.

A new arbitration program designed to resolve inter-insurer disputes regarding construction defect claims recently held its first hearing.

The Service Insurance Co. of West Orange, N.J., was recently admitted in New Hampshire, making it the sixth surety market where the company does business.

The Hartford Financial Services Group has expanded its construction wrap-up capabilities to create integrated insurance programs designed specifically for major construction projects.