development News

Washington Announces New Rain Runoff Requirements

Washington state will begin requiring municipalities to use “rain gardens” and pervious pavement in new urban developments to combat rainwater pollution to the state’s rivers and lakes and to the Puget Sound, officials announced recently. The new “low-impact development” practices …

Swiss Re Plays Leading Role in Private Sector Plan for African ‘Food Security’

Swiss Re announced that CEO Michel Liès has signed a letter of intent to participate in a “New Alliance for Food Security and Nutrition,” which will begin work following the G-8 summit at Camp David. Those private sector companies involved …

Allianz Asia CEO Says Thai Floods Could be Costliest Disaster in a Decade

Insured losses from Thai floods could be in the double-digit billions of dollars and the disaster will lead to a re-assessment of weather risks to industries in Asia, a senior official from global insurer Allianz said. Calculating the true cost …