Source: http://www.desmoinesregister.com, September 15, 2014 By: Christopher Platt The West Des Moines school district has reached a $2 million settlement with contractors who worked on a renovation at Hillside Elementary School in 2004. The district says windows at the school, 713 Eighth St. in West Des Moines, leaked for years. In 2012, students were moved […]

Source: http://www.jdsupra.com, September 11, 2014 By: Jonathan Ettiger, Foley Hoag LLP A Massachusetts company learned the hard way that you need to pay close attention to policy endorsements when you negotiate them. In Market Forge Industries, Inc. v. Indian Harbor Insurance Company, the Appeals Court of Massachusetts held, in an unpublished decision, that a Pollution […]

Source: http://sbnewspaper.com, September 9, 2014 By: Jacob Lopez Harlingen-based Cruz-Hogan Consultants, one of several firms named as a defendant in a lawsuit claiming deficiencies associated with a $17 million water treatment plant it was contracted to design, has alleged in a statement that the San Benito City Commission is being “mislead” by City Manager Manuel […]

Source: http://www.lexology.com, September 3, 2014 By: Donald A. O’Brien, Hinshaw & Culbertson LLP Dormitory Authority of the State of New York v. Continental Casualty Company, Docket Nos. 13-1671(L), 13-1700(XAP) United States Court of Appeals, Second Circuit (June 23, 2014) The Dormitory Authority of the State of New York (DASNY) contracted with an architectural firm to […]

Working with our broker partner on a heavy highway project, New Day structured two separate project Contractor’s Protective Professional Indemnity (CPPI) programs with one of our carrier partners.  Forced with the possibility of having to purchase project professional liability for the design professionals, the insured sought out alternatives where they could control the program by […]

Working side by side with our retail broker partner New Day was asked to participate in a competitive situation for insurance services for a large construction firm.  While our retail broker partner brought the expertise on all other lines of insurance, New Day brought its expertise in the areas of construction-related professional liability and environmental […]

Working with our broker partner, New Day structured a $10 million/$10 million Contractors Pollution Liability program for an $800,000,000 contractor.  The $150,000 premium was minimal compared to their overall revenue.  The program was structured to include transportation, non-owned disposal site coverage and pollution coverage for their owned locations.  In addition, it included occurrence mold liability […]

New Day’s broker partner sought our help to compete on a new opportunity.  The insured was a $40,000,000 commercial contractor performing at-risk construction management and design/build services.  New Day structured a Professional Liability (PL)/Contractor’s Pollution Liability (CPL) program that included coverages that the incumbent broker did not include, such as Mitigation of Damages coverage, Emergency […]

New Day’s broker partner provided New Day authorization to work on this renewal business with incumbent carriers as well as other markets.  The insured has a very complex ownership structure and provides a variety of traditional construction/excavation as well as environmental services.  On this account there were few competitive alternatives to the incumbent carriers for […]

Working with our broker partner on this new business, New Day structured a combined Contractor’s Professional/Contractor’s Pollution Liability (CPrL/CPL) program for this $50,000,000 design/build firm specializing in building envelope cladding systems, including prefabricated EIFS panel systems.  When contractors are involved in manufacturing, fabrication and/or EIFS, many professional liability underwriters will not offer terms because of […]

One of our retail broker partners came to us with $125,000,000 commercial office project.  The design-build contract required $10,000,000 in professional liability limits – higher than typical for this size and type of project.  While the traditional markets were providing indications of $350,000 to $450,000 premium, New Day was able to secure a program for […]

While working with our broker partner, New Day was tasked with placing a practice pollution, professional and general liability (CPL/CPrL/CGL) insurance program for an environmental remediation firm that had previously been placed direct with the carrier. The projected revenues were expected to remain flat and operations were also expected to remain the same as the […]