RT ECP News Center

April 19, 2017

Roof issues delay opening of $1.5B Mercedes-Benz Stadium — again

Source: http://www.constructiondive.com, April 19, 2017 By: Kim Slowey Dive Brief: Mercedes-Benz Stadium officials have announced that issues with the retractable roof will delay the $1.5 billion venue’s opening for a third time, according to The Atlanta Journal-Constitution. Atlanta Falcons officials said the new opening date has been pushed from July 30 to August 26, when […]

April 19, 2017

Serious design, construction and maintenance defects doomed Oroville Dam, report says

Source: http://www.latimes.com, April 17, 2017 By: Ralph Vartabedian Design flaws, construction shortcomings and maintenance errors caused the Oroville Dam spillway to break apart in February, according to an independent analysis by Robert Bea for the Center for Catastrophic Risk Management at UC Berkeley. Bea, a co-founder of the center and retired civil engineering professor, found […]

April 18, 2017

Analysis: Environmental claims rising

Source: https://reactionsnet.com, April 17, 2017 Environmental liability claims above $1bn are becoming more commonplace but coverage for the peril is still lagging. According to Allianz Global Corporate & Specialty (AGCS), environmental damage can now cost insurers an average of €2.3m per claim. According to Matt O’Malley, president of North America environmental at XL Catlin, the […]

April 18, 2017

Developer McKafka sues architect, alleging construction delays and defects at the Crimson

Source: https://therealdeal.com, April 17, 2017 By: Francisco Alvarado An Aventura-based architecture firm allegedly left McKafka Development Group hanging, delaying construction on its 90-unit high-rise called the Crimson in Miami’s Edgewater neighborhood, according to a lawsuit. McKafka, through its limited liability company Alpine Estates, accuses International Design Engineering and Architecture, or I.D.E.A. for short, of breaching […]

April 11, 2017

Who's responsible for PCC's rotted roof?

Source: http://pamplinmedia.com, April 4, 2017 By: Nick Budnick While PCC has blamed the construction company that built the Newberg building, claiming at least $3.4 million to cover costs, the construction company has instead faulted the college for its design of the building and accused school officials of failing to address the roof’s problems in a […]

April 10, 2017

Insurance Rates for Architects, Engineers Stabilize or Decline in 2016: Survey

Source: http://www.insurancejournal.com, April 7, 2017 Although a slim majority of insurance companies providing architects and engineers professional liability insurance saw their rates stabilize in 2016, nearly one in three experienced modest decreases in rates. That’s according to a new survey by insurance broker Ames & Gough finds that market competition and favorable claim results are […]

April 6, 2017

Contractors Professional Liability (CPrL) Insurance—Rectification/Mitigation Enhancement

Source: https://www.irmi.com, March 2017 By: Jeff Slivka, New Day Underwriting Managers LLC Responsibilities were clearly defined under the design-bid-build model that dominated the commercial construction industry over a decade ago. Today, the trend toward design-build, fast-tracking, and accelerated delivery methods—coupled with the desire to take on new projects requiring an expanded level of experience or […]

April 6, 2017

An Analysis of Environmental Impairment Liability Issues

Source: http://www.lexology.com, March 7, 2017 By: W,. Gerald McElroy, Jr., Zelle LLP This article was first published in Insurance Law360. To read this article in PDF format, please click here. Environmental impairment liability (EIL) policies currently available in the market provide very broad coverage. Thus, an EIL policy may provide coverage for an insured’s owned site […]

April 5, 2017

NJ spending more than house is worth on toxic clean-up — And family is trapped

Source: http://nj1015.com, March 31, 207 By: Michael Symons A 2011 earthquake in Virginia caused only minor damage in New Jersey, but led to water frequently infiltrating the basement of a Sayreville home — and the discovery that the property had long ago been contaminated by industrial chemicals. Since then, the state has spent hundreds of thousands […]

April 5, 2017

Environmental risks spread in soft market

Source: http://www.businessinsurance.com, April 3, 2017 By: Judy Greenwald Insurers covering environmental exposures are getting worried about the growing number of mold claims, particularly in the hospitality sector, although the market overall remains competitive, experts say. Also of concern are environmental risks associated with development and redevelopment and petroleum pipeline-related risks, among others. In addition, some […]

April 5, 2017

Neighbor of Alabama Waffle House Sues Over Grease, Sewage Seepage

Read here about a lawsuit filed over grease and sewage that seeped onto the neighboring property of an Alabama restaurant.

April 5, 2017

Carbon Monoxide Leak in Michigan Hotel Kills Child, Sickens Others

Read here about a carbon monoxide lead at a hotel in Michigan that killed one and sickened others.

NEWS CENTER & QUIBINARS

The RT ECP team frequently publishes in-house articles, reposts relevant news reports and creates educational videos known as "quibinars". For more information or to subscribe, please click on the button below.

SUBSCRIBE TODAY

Search

Categories

Find a Broker or Underwriter

Search by product, location or name
https://www.insurancebusinessmag.com/us/best-insurance/best-wholesale-brokers-usa--5star-wholesale-brokers-and-mgas-478736.aspxhttps://www.newsweek.com/rankings/most-loved-workplaces-2024https://premium.insurancebusinessmag.com/us-iba-top-insurance-employers-2024-ryan-specialty/p/1

Please Update Your Browser

Unfortunately Microsoft is no longer providing support or security fixes for your web browser. RT Specialty values the safety and security of its clients’ data, and as such this site requires the use of a modern web browser. To update your web browser, please see the links below. If you have any questions or would like additional information, please email info@rtspecialty.com or call (312) 784-6001.

Firefox Firefox Chrome Chrome IE Internet Explorer Edge Microsoft Edge