Source: https://www.propertycasualty360.com/, November 15, 2024 By: Darren Tasker The U.S. construction market is currently in a sustained period of growth, driven by the onshoring of the manufacturing industry, the demand for data, the expected surge in government infrastructure spending and the transition to net zero. Construction spending in the U.S. remains strong, advancing 8.8% for the first […]

Source: https://www.jdsupra.com/, November 14, 2024 By: White and Williams LLP After almost two years’ deliberation, the First Circuit last week issued its long-awaited decision in Admiral Ins. Co. v. Tocci Bldg. Corp.[1]: affirming on other grounds, and leaving in place a district court decision that found subcontracted faulty work was not an “occurrence” and did not […]

Source: https://riskandinsurance.com/, November 13, 2024 By: The Hartford The construction industry is booming. With more than 8 million employees and $2.1 trillion worth of structures built each year, construction needs are in high demand, and owners are working hard to meet expectations. Coupled with that, construction often faces some of the most complex claims in the industry […]

Source: https://www.berkleydp.com/, June 21, 2024 By: Lisa MacKay, Assistant Vice President, Senior Claims Examiner, Berkley Alliance Managers, a Berkley Company Liz Molina, Assistant Vice President, Senior Claims Examiner, Berkley Alliance Managers, a Berkley Company As claims handlers, we always look for reasonable opportunities to resolve our claims. Mediation is the most common and beneficial pathway […]

Source: https://www.propertycasualty360.com/, September 25, 2024 By: Walter J. Adams, Jr. & Edward L. Sheiffele, Jr. The construction industry is currently experiencing a significant boom driven by demand for new projects, particularly those related to infrastructure. But as construction firms look to capitalize on these opportunities, they must also understand how the increasing complexities in project […]

Source: https://www.wtwco.com/, October 24, 2024 By: Steve Feick Per- and polyfluoroalkyl substances (PFAS), often referred to as “forever chemicals” due to their persistence in the environment and human body, have become a significant point of contention in recent years. These synthetic chemicals, which are used in products ranging from non-stick cookware to firefighting foam, have […]

Source: https://fox59.com/, October 29, 2024 By: Austin Hanson The Indianapolis Public Transportation Corporation (IPTC) — which operates IndyGo throughout Marion County — is suing AECOM, the architect of the Julia M. Carson Transit Center in downtown Indy. A complaint filed Friday indicates the IPTC began working with AECOM on the Julia M. Carson Transit Center […]

Source: https://www.lexology.com/, October 25, 2024 By: Daniel B. Heidtke, Duane Morris LLP In a recent case decided in the Southern District of Texas, the court entered summary judgment, holding that the insurer’s “construction [and] workmanship” exclusion excluded coverage as a matter of law. The claim, brought by a contractor against a subcontractor’s insurer, arose out […]

Source: https://riskandinsurance.com/, October 28, 2024 By: Dan Reynolds Dan Reynolds, editor-in-chief of Risk & Insurance, recently sat down with Trevor Salman, assistant vice president of environmental underwriting at Philadelphia Insurance Companies (PHLY), to discuss the impact of climate change on insurance exposures and the evolution of environmental underwriting. Read more.

Source: https://www.fingerlakes1.com/, October 28, 2024 By: Peter Mantius Recent tests for PFAS ‘forever chemicals’ in water drawn from several sites in Seneca Lake and its tributaries provide fresh evidence that PFAS contamination at the former Seneca Army Depot is spreading beyond its borders. Three streams that flow out of the former Army base had the […]

Source: https://www.wvnews.com/, October 24, 2024 By: Nicki Skinner The Taylor County Board of Education met to discuss the potential for environmental concerns centering on a below-ground fuel storage tank on the Taylor County Bus Garage grounds. According to Superintendent John Stallings, the underground tank has far exceeded its life expectancy and could potentially cause issues, […]

Source: Tango Specialty A commercial property manager oversees the management of an industrial office space. Following a rainstorm, a tenant alleges that a smell of mold appeared in their rented premises. They further allege that while the property manager did hire an outside firm to mitigate the mold, the issues persisted. The tenant alleges that […]