Source: http://insurancenewsnet.com, February 9, 2015 By: Randy Ellis Representatives of contractors who did renovation work on Oklahoma State University’s football stadium agreed to pay $700,000 to settle a lawsuit over plumbing system failures that caused sewage stench to permeate the locker room four years ago. The university’s insurers paid for the initial repairs. Money from […]

Source: http://www.lexology.com, February 5, 2015 By: Richard C. Bennett, Cozen O’Connor In Travco Ins. Co. v. Ward, 284 Va. 547, 736 S.E.2d 321 (2012), the Virginia Supreme Court held that loss occasioned by the sulfuric gas released by defective Chinese drywall was excluded under the primary coverage grant of a property policy because of exclusions […]

Source: http://xlgroup.com As 2015 begins, the outlook for the commercial real estate industry looks strong with interest rates continuing to be favorable. The volume of real estate transactions is expected to continue where it left off in 2014.  Property buyers, developers, and real estate managers will continue to compete for prized properties at highly valued […]

Source: http://www.chicagotribune.com, February 4, 2015 By: Bob Seidenberg Evanston officials have called on the Nicor Gas Company to take responsibility for the contamination detected in and around James Park last year, in a heated fight now taking place between the entities in federal court over who is responsible for the cleanup. In pleadings filed Feb. […]

Source: http://www.dailyinterlake.com, February 4, 2015 By: Lynette Hintze Flathead County and state officials are closely watching an increase in groundwater contamination at the county landfill to determine what kind of corrective action can best address the problem. The contamination is primarily tetrachloroethylene, a carcinogenic chemical commonly used as a solvent in products such as dry-cleaning […]

Source: http://www.vancouversun.com, February 2, 2015 By Vaughn Palmer ‘Remember, if they lose the dam, the mine can’t operate anyways’ The ill-fated tailings dam at Imperial Metals’ Mount Polley mine was an improvised work in progress, built higher every year to hold back the growing volumes of water behind it. “For years, dam raising had managed […]

Source: http://www.thestreet.com, February 2, 2015 By: Resource Investing News It’s been nearly six months since the tailings storage facility (TSF) at Imperial Metals’ (TSX:III) Mount Polley copper-gold mine was breached, releasing tailings into the surrounding area. However, the public is only now receiving answers about what went wrong The Mount Polley Independent Expert Engineering and […]

Source: http://www.netnebraska.org, February 4, 2015 By: Bill Kelly An out-of-state oil company faces unexpectedly strong opposition to its plan to use an out-of-service oil well in Sioux County to dispose of the saltwater leftovers from nearby fracking operations. Late last year Colorado-based Terex Corporation requested approval for the project from the Nebraska Oil and Gas […]

Source: http://www.spokesman.com, February 4, 2015 By: Kip Hill Spokane County will pay more than $100,000 to the Environmental Protection Agency for soil testing costs at a former asbestos processing site in the West Central neighborhood. The agreement between the county and the federal government, submitted in federal court last week, requires all future construction or sales […]

Source: http://www.rmmagazine.com, February 2, 2015 By: Jeff Slivka As the U.S. economy continues to grow, all signs point to a slow and steady recovery of the commercial construction industry as well. Last year, studies such as the “Commercial Building Construction Market Research Report” from IBISWorld predicted five years of “robust revenue growth for commercial construction […]

Source: http://www.riskandinsurance.com, January 5, 2015 By: Joseph Boren, Ironshore Holdings (U.S.) Inc. In October 1973, the U.S. experienced a major energy crisis. Initiated by an OPEC oil embargo, Americans were left scrambling to try and deal with a sudden and severe fuel shortage that seemed to go on forever. Gas was rationed to 10 gallons […]

Source: http://www.timesunion.com, February 2, 2015 By: Brian Nearing DEC to monitor hazardous chemicals near Loudon Plaza An underground plume of dangerous dry-cleaning chemicals from beneath a strip mall is not threatening the nearby Memorial Hospital or an apartment complex, according to the state Department of Environmental Conservation. The DEC is proposing a $1.4 million plan […]