A look at this year’s Construction Theo Award winners.

By bringing an athletic trainer onto its safety team, HEI Civil transformed how it manages workplace injuries — reducing claims, cutting costs, and earning the trust of a workforce that now sees care as a core part of the company’s culture.

As Foundation Building Materials expanded rapidly through acquisition, its risk management team built a workers’ compensation program designed to scale without losing the one thing that matters most — the personal touch that keeps injured workers from ever feeling alone in the process.

After 23 years in safety, Lee Pyfrom found the most effective program of his career at a safety conference — and it cost about $40 per person.

Older construction workers report lower rates of diabetes and high cholesterol than the overall workforce, according to CPWR-The Center for Construction Research and Training.

Construction spending topped $2.17 trillion in April 2026 amid labor shortages, rising claim severity and a bifurcated insurance market, according to Gallagher.

The line has outperformed the broader property & casualty industry by more than 20 percentage points annually over the past four years, according to AM Best.

Industry growth continues but labor shortages and spiking materials costs persist.

As construction projects grow more complex and contractual requirements intensify, contractors are seeking efficient ways to meet their coverage obligations without sacrificing protection

The rapid expansion of data center construction is reshaping how insurers evaluate complex construction, property and infrastructure risks.

The expansion of AI-driven data centers is generating insurance demand that stretches beyond what the traditional P&C industry has previously experienced, AM Best says.

New York State recorded 55 construction worker deaths in 2024, with non-union sites, Latinx workers, and declining OSHA activity emerging as critical risk factors, according to NYCOSH.

Soaring project values, catastrophe losses, and nuclear verdicts are reshaping coverage terms across property, casualty, and surety lines for the construction sector, according to Aon.

A new report from Zurich North America outlines six critical risk areas facing data center construction and operations as the sector races to meet AI-driven demand.

Firms with fewer than 20 employees represent more than 90% of construction payroll and face disproportionately higher fatal and nonfatal injury rates, according to CPWR — The Center for Construction Research and Training.

Poor communication contributes to nearly 70% of workplace incidents, underscoring the business case for fostering psychological safety in construction and other high-risk industries, Gallagher Bassett says.

Construction costs for a single data center location can exceed $20 billion — double once technology is installed — creating concentration exposures in catastrophe-prone areas, according to Swiss Re Institute.

This year 12 brokers were named Construction Power Brokers. An additional six were selected as finalists.

The sheer scale of some construction projects means that brokers have had to get creative in their project placements.

Federally funded infrastructure projects propel recent surety market premium growth and demand for surety bonds among contractors and developers: AM Best.