article thumbnail

Viewpoint: Life-Saving Building Codes Are the Unsung Heroes of Resilience

Insurance Journal

In an era where billion-dollar disasters are becoming the norm, one truth stands above the wreckage: strong building codes save buildings and lives. Yet despite mounting risks, the U.S. remains caught in a paradox. We have the knowledge and …

Building 204
article thumbnail

Insurer USAA Expands Presence in Virginia With Purchase of Building

Insurance Journal

Insurer USAA, which serves military veterans and their families, has purchased a new, larger office space in Chesapeake, Virginia to accommodate its expanding membership and workforce. Through the expansion, USAA said it expects to add 500 new jobs to the …

Building 221
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Safer Buildings Vs More Housing: How New Building Codes May Impact Hawaii

Insurance Journal

Josh Green issued an emergency proclamation to postpone the adoption of any new building codes that might exacerbate a housing shortage that had just gotten worse. A month after wildfires ravaged Maui in August 2023, Gov. The governor’s office is …

Building 264
article thumbnail

Clearwater Condo Building Evacuated After Support Beam Splits

Insurance Journal

Local authorities Tuesday evening ordered the evacuation of a condominium building in Clearwater, Florida, after cracks developed in a concrete support beam in the parking garage. The South Beach III condo building on Sand Key “is currently being evacuated due …

Building 277
article thumbnail

Repairing Evacuated Charleston Condo Building Could Top $150 Million

Insurance Journal

The Post and Courier newspaper reported that the 19-story building – Charleston’s tallest – … It could take $151 million to repair the Dockside condominium tower in Charleston, which was evacuated in February after an engineering assessment found major structural problems.

Building 165
article thumbnail

OSHA Orders Building Materials Supplier to Reinstate Whistleblower Truck Driver

Insurance Journal

A federal whistleblower investigation has found a Virginia subsidiary of one of the world’s largest building materials manufacturers fired a truck driver in September 2023 illegally after the employee raised safety concerns. The driver expressed concern that the loads and …

Building 278
article thumbnail

ICEYE Analysis Shows Wider Florida Flooding From Milton: 185,000 Buildings Hit

Insurance Journal

Flooding from Hurricane Milton appears to have been more extensive than initially determined, affecting almost 185,000 buildings all across Florida, says a new analysis from ICEYE, a firm that uses satellite images to measure damage for the insurance industry. The …

Building 278