infrastructure News

Investigators of Collapsed Pittsburgh Bridge to Review 5 Others With Similar Design

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 Post-Gazette reports that department officials ordered the reviews of the five bridges that share …

Global Construction Industry Faces Climate Change Challenges, Opportunities: Marsh

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 report published by Marsh and Guy Carpenter, subsidiaries …

Biden Calls Heat Wave a ‘Wake-Up Call’ on Climate Change, Commits to More Firefighters

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 setting the stage for another destructive summer …

Engineers 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 Civil Engineers reports. Its overall grade: a mediocre C-. In its …

Lloyd’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 of dealing with requests to step in on U.S. construction …

Managing 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 that could determine their …

Anthem 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 move comes nearly two weeks …

Trump Delivers To-Do List for McConnell: Repeal & Replace, Infrastructure, Tax-Code

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 infrastructure improvements. Yet clearing Trump’s …

European 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 third-biggest insurer. “Storing physical cash as an alternative to paying …

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 aftermath of catastrophic events for cities across the globe. The …