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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 140
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Commercial Property Customers Cutting Insurance Corners Despite Risk

Insurance Journal

As weather-driven catastrophes become more common and severe, commercial property owners and the agents who serve them are reassessing risks and coverage to get more build for their buck. The new Nationwide Agency Forward Commercial Lines Protection Survey surveyed commercial

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People Moves: Risk Strategies Names Bagwell Commercial Lines Leader in West

Insurance Journal

Risk Strategies named Troy Bagwell commercial lines leader for the West region. Bagwell, who is based in Los Angeles, is responsible for building and executing the regional strategy for the commercial property/casualty business segment. Bagwell joins Risk Strategies from Panorama …

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When Vandals Trigger the Sprinklers: The Battle Over Resulting Losses

Property Insurance Coverage Law

When vandals triggered a sprinkler system in a vacant building, flooding it with over one million gallons of water, the result was not just property damage. Instead, it was a lawsuit that put the scope of all-risk commercial property insurance under scrutiny. The case ofEpperson v.

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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
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JetZero to Build $4.7B Next-Gen Plane Plant in NC With Up to 14,500 Jobs

Insurance Journal

announced plans Thursday to build its first manufacturing plant for a next-generation passenger jet in central North Carolina, a project that if successful would create more than 14,500 jobs there in a decade. JetZero Inc. The California-based startup intends to …

Building 255
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Six Injured After Truck Crashed Into Building and Pedestrians in Boston

Insurance Journal

BOSTON (AP) A box truck crashed into a building Tuesday afternoon in Boston’s Chinatown neighborhood and hit several pedestrians before flipping onto its side, city officials said. The driver and five others were injured in what authorities said appears …

Building 225