National Underwriter Property & Casualty-May 2013-Special

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  • Managing Risk, On-Site

    Bonnie Cavanaugh, E&S Editor

    A rise in residential-construction projects in pockets around the countrynamely in Boston, Texas and Northern Californiaand a growing need for skilled workers will characterize the construction industry throughout 2013 and into 2014, says Tom Varney, head of Allianzs Risk Consulting business. And thats where proper risk management, job training and...

  • A&E Update: Continued Losses Lead to Market Hardening

    Shawn Moynihan

    In a Professional Liability market characterized overall by most brokers and insurance executives as full of capacity and relatively stable rate-wise (even if once-high Excess limits are harder to get now than they used to be), recent discussions of this line include talk of hardening in the Architects & Engineers...

  • Water Weary

    Bonnie Cavanaugh, E&S Editor

    In the residential-construction industry, plaintiffs attorneys are coming up with new creative ideas for class-action lawsuits, executives saya shift from suits filed by individual owners to more inclusive product claims, such as the Chinese drywall class-action lawsuit settled last year for $80 million.

  • Construction Concerns

    Bonnie Cavanaugh, E&S Editor

    As the construction industry slowly edges its way back to something resembling normal levels of activity, a new set of concerns are on the minds of the segments insurance carriers.

  • Getting Savvy

    Bonnie Cavanaugh, E&S Editor

    Todays commercial construction firms are becoming better educated on the types of protection they need, such as Builders Risk, and on how it can help their business succeed, says Chris Smith, vice president and managing director for Turner Surety & Insurance Brokerage (TSIB) of Woodcliff Lake, N.J.

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