Swiss Re & Partners Unveil Initiative to Speed Economic Recovery After Cat Event
Swiss Re Corporate Solutions Ltd. and Veolia have joined forces, under the auspices of The Rockefeller Foundation, to launch an infrastructure recovery initiative to speed up economic recovery in the...
View ArticleEuropean Insurers Look to Hoarding Cash After Brexit Vote
Investors will consider hoarding cash in vaults as government bond yields fall deeper into negative territory following the U.K.’s vote to leave the European Union, according to Talanx AG, Germany’s...
View ArticleTrump Delivers To-Do List for McConnell: Repeal & Replace, Infrastructure,...
President Donald Trump laid out a path for Senate Majority Leader Mitch McConnell to get back in his good graces: replace Obamacare, overhaul the U.S. tax code and find a way to pay for big...
View ArticleAnthem to Exit Obamacare Plans in Virginia as Legislative Uncertainties Continue
U.S. health insurer Anthem Inc. said on Friday [Aug. 11] it will exit Obamacare markets in Virginia and reduce its plan offerings in Washington and Scott counties and the city of Bristol next year. The...
View ArticleManaging Natural Disasters Becomes Priority for Nation’s Governors
Governors have a wide range of priorities they want to tackle in the coming year, from tax reform to education. Yet it’s a topic that receives less attention on the campaign trail and in their speeches...
View ArticleLloyd’s Construction Specialists Say They Are Ready For U.S. Infrastructure Boom
Construction insurance specialists at Lloyd’s of London are hoping to see more U.S. business from increased government investment in infrastructure projects in 2021. That will be welcome after a period...
View ArticleEngineers Grade U.S. Infrastructure C- as Biden, Congress Prepare to Debate Fix
America’s infrastructure has scored near-failing grades for its deteriorating roads, public transit and storm water systems due to years of inaction from the federal government, the American Society of...
View ArticleBiden Calls Heat Wave a ‘Wake-Up Call’ on Climate Change, Commits to More...
The Biden administration said Wednesday it is hiring more federal firefighters — and immediately raising their pay — as officials ramp up response efforts in the face of a severe drought that is...
View ArticleGlobal Construction Industry Faces Climate Change Challenges, Opportunities:...
Climate change and the race to net zero greenhouse gas emissions (net zero) are arguably the greatest challenges that face the construction industry – but will drive new opportunities, according to a...
View ArticleInvestigators of Collapsed Pittsburgh Bridge to Review 5 Others With Similar...
The Pennsylvania Department of Transportation has ordered structural reviews of five other bridges with similar construction to the Pittsburgh bridge that collapsed last Friday. The Pittsburgh...
View ArticleSecrecy Over Condition of U.S. Dams Tied to Security Concerns, Missing Data
Americans wondering whether a nearby dam could be dangerous can look up the condition and hazard ratings of tens of thousands of dams nationwide using an online database run by the federal government....
View ArticleCreaky U.S. Power Grid Threatens Progress on Renewables, EVs
After decades of struggle, the U.S. clean-energy business is booming, with soaring electric-car sales and fast growth in wind and solar power. That’s raising hopes for the fight against climate change....
View ArticleWhite House Says $110 Billion in Infrastructure Funds Released in First 6 Months
The White House on Monday said it has released $110 billion in funding from the $1 trillion infrastructure package that seeks to fix crumbling roads, expand broadband internet and improve the...
View ArticleButtigieg Sends $5 Billion to Cities for Safety as Road Deaths Soar
With upcoming data showing traffic deaths soaring, the Biden administration is steering $5 billion in federal aid to cities and localities to address the growing crisis by slowing down cars, carving...
View ArticleU.S. Power Companies Face Supply-Chain Crisis This Summer
U.S. power companies are facing supply crunches that may hamper their ability to keep the lights on as the nation heads into the heat of summer and the peak hurricane season. Extreme weather events...
View ArticleA Week After Fiona, Just Over Half of Puerto Rico Has Power
A week after Hurricane Fiona swiped Puerto Rico, causing catastrophic flooding and knocking out power to the entire island of 3.1 million, just over half of the US commonwealth has electricity,...
View ArticleSome 349,000 Still Without Power in Puerto Rico After Fiona
An estimated 349,000 homes and businesses were still without power in Puerto Rico on Wednesday after Hurricane Fiona hit on Sept. 18, causing an island-wide power outage for its 3.3 million people....
View Article$52B Movable Barriers, Storm Gates Eyed for Waterways Hit by Sandy
A decade after Superstorm Sandy pummeled New York and New Jersey in one of the costliest storms in U.S. history, the federal government is proposing a $52 billion plan to build movable barriers and...
View ArticleIntensifying Storms Are Fueling a Record $17 Billion Bond Barrage
Bonds sold to help US utilities recoup losses from natural disasters are seeing an unprecedented boom, with the latest burst of issuance generated by the deadly February 2021 storm that paralyzed Texas...
View ArticleGunfire Damages Another Electrical Station but No Power Outages
A North Carolina utility said an electricity substation was damaged by gunfire early Tuesday but that it caused no power outages. The damage comes after a gunfire attack on multiple substations in...
View ArticleBill Would Give State Board Control of Mississippi Capital’s Troubled Water...
Jackson’s troubled water system could get a new set of owners under legislation advanced Tuesday by Republican lawmakers in Mississippi. The bill would transfer ownership to a new public entity...
View ArticleU.S. and EU to Launch First-of-its-Kind AI Agreement
The United States and European Union on Friday announced an agreement to speed up and enhance the use of artificial intelligence to improve agriculture, healthcare, emergency response, climate...
View ArticleAttacks on U.S. Power Grids Rose to All-Time High in 2022
Attacks on US power grids rose to an all-time high last year, further straining the sprawling and aging network. The number of direct physical attacks, including acts of vandalism and other suspicious...
View ArticleEPA to Propose Limits on Toxic ‘Forever Chemicals’ in Drinking Water
The Environmental Protection Agency is expected to propose restrictions on harmful “forever chemicals” in drinking water after finding they are dangerous in amounts so small as to be undetectable. But...
View ArticleAlabama Senate Panel Wants $1B in Pandemic Relief for Infrastructure, Broadband
Alabama lawmakers on Wednesday advanced a House-passed plan to use the state’s final $1 billion in federal pandemic relief funds largely on a mix of water and sewer infrastructure, broadband expansion...
View ArticleChina Poses ‘Alarming’ Threat to US Power Grid, Lawmakers Told
China represents an increasing threat to the US power grid, lawmakers were told Tuesday during a hearing in which they were warned a cyberattack from the nation could plunge military and other...
View ArticleUS Lawmakers Turn to Louisiana for Experience on Climate Change Impacts to...
BATON ROUGE, La. (AP) – This summer – as blistering heat waves scorched the Southwest, wildfire smoke from Canada choked much of North America, a drought in the central U.S. devastated soybean and corn...
View ArticleSouth Louisiana Parish Sues to Block Port of New Orleans’ $1.8B Container...
NEW ORLEANS (AP) – A south Louisiana parish is suing the Port of New Orleans to block it from building a planned $1.8 billion container facility. The St. Bernard Parish District Attorney`s Office filed...
View ArticleRising Flood Risks Threaten Many Water and Sewage Treatment Plants
The crack of a summer thunderstorm once comforted people in Ludlow, Vermont. But that was before a storm dropped eight inches of rain on the village of 2,200 in two days last month. And it was before...
View ArticleTwo-Thirds of North America Could Face Power Shortages This Winter
More than half of the U.S. and parts of Canada, home to around 180 million people, could fall short of electricity during extreme cold again this winter due to lacking natural gas infrastructure, the...
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