Author Archives: TWIA Insurance Group

As backlog rises, so does contractors’ confidence

View the Full Post Here Dive Brief: Construction backlog ticked up to 8.4 months in April, a 2.4% increase from the month prior, according to a Tuesday release from Associated Builders and Contractors. The jump in April marks the second consecutive month of backlog growth, following two months of contraction at the start of 2024. […]

Construction input prices jump again, continue 2024’s upward climb

View the Full Post Here Dive Brief: Construction input prices increased 0.5% in April due to inflation and energy costs, according to a new Associated Builders and Contractors’ analysis of U.S. Bureau of Labor Statistics Producer Price Index data released Tuesday. The jump in April marks an increase in input prices for every month of […]

Loyola University mixed-use building cuts HVAC costs and emissions 10% with AI-driven algorithm

View the Full Post Here Dive Brief: Loyola University has deployed an artificial intelligence-driven HVAC technology alongside an automated emissions reduction algorithm at the Schreiber Center, a 10-story, mixed-use building spanning 150,000 square feet used by its Quinlan School of Business in Chicago. The system is part of a yearlong proof-of-concept project to further decarbonize […]

Balfour Beatty names leads for Carolinas, California divisions

View the Full Post Here Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. The U.S. arm of London-based contractor Balfour Beatty tapped two executives for lead roles in the firm’s Carolinas and California divisions, the builder announced on May 3. Balfour Beatty picked Jeff Sandeen […]

Breaking ground on mental health in construction

View the Full Post Here While construction crews are known to withstand great physical challenges, the long hours, demanding schedules, and high-pressure environments can often take a toll on mental health. An often-overlooked reality, the stigma surrounding mental health in the construction industry has long left these issues unaddressed. Sparked from a discussion led by […]

How is your project tracking? Automation ensures you always know the answer.

View the Full Post Here Current state of technology in the construction industry Many believe technology adoption has been slow in the construction industry due to an outdated attitude towards innovation. However, the root cause of the slow adoption is due to the gap in the current technology that solves a problem without the cost […]