The construction professional indemnity market has largely stabilised with many insurers showing a strong...
Fire safety manufacturer pays $750m to settle PFAS class action
Irish-headquartered US smart building firm Johnson Controls International’s subsidiary Tyco will pay $750m to settle a class action alleging its products contaminated drinking water...
Irish-headquartered US smart building firm Johnson Controls International’s subsidiary Tyco will pay $750m to settle a class action alleging its products contaminated drinking water...
Article / 20 days ago
Softer times ahead for London construction insurance market
Risk managers in the construction sector can expect a less stressful time at coming renewals in the London market, according to broker Miller. Miller’s London construction sector experts have provided...
Risk managers in the construction sector can expect a less stressful time at coming renewals in the London market, according to broker Miller. Miller’s London construction sector experts have provided...
Article / 1 month ago
Brazil judge issues $48m fine over deadly sinkhole - BBC News
Seven people died when a construction site suddenly collapsed, swallowing pedestrians and vehicles.
Seven people died when a construction site suddenly collapsed, swallowing pedestrians and vehicles.
bbc.co.uk /
Article / 3 months ago
USA - Hinshaw & Culbertson, LLP
Insurers continue to confront social inflation, economic inflation, ESG/sustainability, and artificial intelligence as well as the systemic challenges associated with artificial intelligence...
Insurers continue to confront social inflation, economic inflation, ESG/sustainability, and artificial intelligence as well as the systemic challenges associated with artificial intelligence...
Article / 3 months ago
Illinois high court remands construction case back to trial court
The Illinois Supreme Court on Thursday remanded a case back to the trial court to determine whether an insurer must defend a construction company under...
The Illinois Supreme Court on Thursday remanded a case back to the trial court to determine whether an insurer must defend a construction company under...
Article / 5 months ago
Insider US in Full: Exploiting cycle 'overtime' to beat the soft market
Typically the firming phase of the commercial lines pricing cycle lasts a couple of years...
Typically the firming phase of the commercial lines pricing cycle lasts a couple of years...
Article / 5 months ago
Aecom pays $11.8m to settle Hurricane Katrina allegations - GCR
US engineer Aecom has agreed to pay $11.8m to resolve allegations that it knowingly submitted false claims to the Federal Emergency Management Agency (FEMA) for...
US engineer Aecom has agreed to pay $11.8m to resolve allegations that it knowingly submitted false claims to the Federal Emergency Management Agency (FEMA) for...
globalconstructionreview.com /
Article / 6 months ago
Ex-Carillion CEO Disqualified as a Director for 8 Years - Twinfm
The charge relates to Richard’s conduct when he was director of Carillion Plc between 2011 and 2017, and his role in falsifying the deterioration of major construction contracts and false accounting which overstated profit levels...
The charge relates to Richard’s conduct when he was director of Carillion Plc between 2011 and 2017, and his role in falsifying the deterioration of major construction contracts and false accounting which overstated profit levels...
twinfm.com /
Article / 7 months ago
State of the market: rate rises of 6-12% expected - insuranceNEWS.com.au
Primary insurers are expected to raise headline premium rates by 6-12% to address higher reinsurance costs and claims inflation in the near to medium term, national...
Primary insurers are expected to raise headline premium rates by 6-12% to address higher reinsurance costs and claims inflation in the near to medium term, national...
insurancenews.com.au /
Article / 7 months ago
Building Biz Sues 8 Insurers To Claw Back Tesco Settlement - Law360
A construction business is suing several insurers for allegedly failing to cover the costs of its legal settlement with retail giant Tesco over the development of a...
A construction business is suing several insurers for allegedly failing to cover the costs of its legal settlement with retail giant Tesco over the development of a...
law360.com /
Article / 8 months ago