RT ECP: Industry News

February 15, 2023

Lockton Companies Construction & Design Market Outlook

The construction and design industry concluded 2022 with an increase of 8% in spending compared to the end of  2021. Residential, commercial, manufacturing and water supply infrastructure projects continued to see positive performance. As we head into 2023, overall increased spending is projected in all three segments of the construction and design  industries. However, target […]

April 16, 2020

After mold infects baby’s heart, another family sues Seattle Children’s hospital over ongoing Aspergillus problems

Hayley Seymour’s son was only six days old when he had open-heart surgery at Seattle Children’s hospital on Oct. 1. A month later, he was fighting for his life as mold infected his heart. The venerated hospital has been struggling to contain Aspergillus mold for nearly two decades. On Monday, the Seymours became the latest […]

February 27, 2020

Cleanup of PFAS ‘forever chemicals’ could cost up to $1.2 billion, exceed 3M settlement

For the first time since Minnesota reached its historic $850 million settlement with 3M Co. over the toxic “forever chemicals” polluting ground­water in the east metro, the state has put dollar estimates on the potential fixes being developed. The $700 million available to spend on cleaning drinking water and restoring damaged natural resources does not […]

February 27, 2020

Juliette residents gearing up for fight over alleged coal ash contamination

Citizens in the City of Juliette are gearing up for a fight over access to clean water. They believe that coal ash from Georgia Power’s Plant Scherer has contaminated their groundwater supply and have now taken their battle to lawmakers at the State Capitol. Read more.…

February 27, 2020

What’s making tenants sick at Ardmore’s new luxury apartments?

Just getting the One Ardmore apartments built was an epic struggle that spanned more than a decade. Lower Merion traditionalists called the building architecturally overwhelming. Neighbors fought the state’s $10.5 million grant all the way to the Pennsylvania Supreme Court — and lost. Read more.

February 26, 2020

Heightened levels of toxic PFAS chemicals found in 2 additional wells near Dover Air Force Base

Water in two wells near Dover Air Force Base may have elevated levels of toxic “forever” chemicals that are linked to a host of health issues, according to the Delaware Department of Natural Resources and Environmental Control (DNREC). DNREC said the water quality test results, by the United States Air Force, are preliminary at this […]

February 26, 2020

PFAS Litigation Continues as EPA Proposes Increased Federal Regulations

On February 20, 2020, Earthjustice, on behalf of a variety of nonprofit organizations, including the Sierra Club, brought suit against the United States Department of Defense (“DOD”), alleging that the DOD violated the National Environmental Policy Act (“NEPA”) and the National Defense Authorization Act (“NDAA”) in its decision to enter into contracts for the incineration […]

May 13, 2014

New Day Underwriting publishes 2014 Market Update for environmental, construction coverage

Source: http://ifawebnews.com, May 12, 2014 New Day Underwriting Managers, a specialty intermediary of environmental and construction-related professional liability insurance coverage, released its 2014 Market Update, available to agents and brokers. The new report, which New Day says is a product of the company’s collective knowledge and expertise, was specifically developed to help agents, brokers and […]

April 11, 2013

ISO’s CGL Changes for 2013 – Part III

Source: Claims Journal, April 9, 2013 By: Chris Boggs Insurance Services Office’s (ISO’s) four major filings in commercial property, business auto, businessowners coverage, and commercial general liability (CGL) make 2013 a big year for insurance professionals. These articles focus on the changes that begin taking effect this year in the commercial general liability forms and […]

December 18, 2012

Insurers May Face $11 Billion More in Asbestos Claims -A.M. Best

Source: Dow Jones News Service, December 17, 2012 Posted on: http://envfpn.advisen.com U.S. insurers may face $11 billion more in asbestos-related costs than they were anticipating, according to a new study that warns claims on decades-old insurance policies show no signs of abating. The insurance industry has already paid out about $51 billion in claims tied […]

September 5, 2012

U.S. Construction Firms Facing Double-Digit Increases for Liability Insurance: Marsh

Source: Insurance Journal, August 31, 2012 The commercial general liability market for the U.S. construction industry continues to firm with underwriters seeking rate increases of up to 15 percent, according to a report published by Marsh. Construction firms with poor loss histories are experiencing even larger liability rate increases and in some cases receiving non-renewal […]

July 12, 2012

Chartis Expands NextGen Protection with Addition of PLL Power Pack ProtectSM

Source: Business Wire, July 11, 2012 Posted on: http://envfpn.advisen.com The Chartis insurers today announced the addition of PLL Power Pack ProtectSM to enhance their NextGen Protection suite of industry specific insurance products. PLL Power Pack Protect is designed to address environmental exposures associated with ancillary assets such as transmissions systems in the power generation industry. Power generation […]

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