Construction
Construction
News, insights and thought leadership for re/insurance professionals with an interest in construction.

Bridge collapse could spur waves of coverage litigation

Coverage disputes stemming from the March 26 collapse of the Francis Scott Key Bridge in Baltimore after it was hit by the container ship Dali will come in waves, legal experts say, with...
Coverage disputes stemming from the March 26 collapse of the Francis Scott Key Bridge in Baltimore after it was hit by the container ship Dali will come in waves, legal experts say, with...
Article / 22 days ago

Examining Split Insurance approaches for the Construction sector

In the insurance industry, a ‘soft market’ is generally described as a period of plentiful insurance capacity available to buyers; as a consequence, the terms offered by insurers are relatively generous in terms of coverage...
In the insurance industry, a ‘soft market’ is generally described as a period of plentiful insurance capacity available to buyers; as a consequence, the terms offered by insurers are relatively generous in terms of coverage...
Article / 30 days ago

Lawsuit over Shearer's Foods fire in Oregon seeks $90M - Insurance NewsNet

Insurers of the Shearer's Foods plant that burned down in 2022 in Hermiston are seeking more than $90 million in a lawsuit. Attorneys filed the pleading Friday, Feb. 16, in Umatilla County Circuit Court on behalf of several insurers
Insurers of the Shearer's Foods plant that burned down in 2022 in Hermiston are seeking more than $90 million in a lawsuit. Attorneys filed the pleading Friday, Feb. 16, in Umatilla County Circuit Court on behalf of several insurers
insurancenewsnet.com / Article / 2 months ago

Insurer Can't Toss Claims As Sanctions In Hotel Fire Suit - Law360

A Colorado federal judge has rejected an insurer's request to toss a construction contractor's counterclaims as sanctions for discovery failures in a dispute over a $3 million hotel fire, with the judge finding
A Colorado federal judge has rejected an insurer's request to toss a construction contractor's counterclaims as sanctions for discovery failures in a dispute over a $3 million hotel fire, with the judge finding
law360.com / Article / 2 months ago

Containing liability losses in the construction industry - CNA Hardy

The perfect storm battering the UK’s construction industry has sent claims costs soaring and vastly increased the risk of insureds finding themselves with a liability limit shortfall...
The perfect storm battering the UK’s construction industry has sent claims costs soaring and vastly increased the risk of insureds finding themselves with a liability limit shortfall...
Article / 3 months ago

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