construction industry News

Report Shows Insurers Recognizing ‘Mega’ Claims More Quickly

The share of “mega” workers’ compensation claims — those expected to cost $3 million or more — climbed steadily since 2013 after dropping as construction employment declined sharply during the Great Recession, according to a report by the National Council …

Rochester Wage Theft Case Poses Test for New State Law

ROCHESTER, Minn. — A group of Rochester-area construction workers are pursuing a wage theft claim, testing a new state law that aims to clamp down on companies that don’t pay for labor. Minnesota Department of Labor and Industry officials said …

Japan Tsunami Rebuilding Slows Due to Lagging Construction Industry

Tens of thousands of people on Japan’s northeastern coast who were left homeless in the March 2011 tsunami are shivering their way through yet another winter in cramped temporary housing, with perhaps several more to go. Reconstruction plans are taking …

Florida’s Workers’ Comp Check Fraud Efforts Produce Results

Just months after Florida lawmakers enacted a new law designed to target the role of check cashing companies in the construction industry, state officials announced a string of arrests netting more than $140 million in fraudulent transactions. One investigation revealed …

Allied World Forms New Inland Marine Division

Allied World U.S. has expanded its Property & Casualty(P&C) operations with the launch of a new Inland Marine division. The division will target all filed and non-filed classes of Inland Marine business in the United States, with a focus on …