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Travelers Insurance Sues Chicago for $26M in Damages to Willis Tower

ENR Construction

of America is suing the City of Chicago and the Metropolitan Water Reclamation Distirct for $26 million in damages caused when more than 1 million gallons of water flooded into Willis Tower during a 2020 rain storm. Travelers Property Casualty Co.

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Commercial building owners having tougher time securing insurance policies and renewals

BD+C

Some of the nation’s largest commercial property insurers have put moratoriums on issuing new insurance policies and renewing current ones due to fear of potential civil unrest resulting from a closely contested presidential election. The situation has been most acute in urban areas, including Chicago, New York, Portland, Ore.,

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Why Commercial Facility Maintenance Is Your Best Insurance Policy

HardHatChat

During the NATO Summit in Chicago in 2012 , we actually had clients put us on standby in case of any potential commercial property damage from the protests. We’ve dealt with hurricanes, floods and even riots. Luckily, our services were not needed.

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Insurance giant sues nearly 200 Illinois communities for failing to prepare for climate change

BD+C

Farmers Insurance filed nine class action suits against nearly 200 communities in the Chicago area, saying that local governments should have prepared for rising global temperatures that have led to heavier rains and flooding. read more.

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Commercial Construction Strategies: Flagship Stores to Footprint Expansion

HardHatChat

In fact, after helping American Girl relocate their flagship stores in Chicago and New York City, we just completed our third relocation project in Los Angeles. It’s always a great experience to be a reliable and responsive partner in creating a space that fully embodies a brand’s essence.

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How Construction Companies Can Create Equitable Jobsites for Tradeswomen

Pro Builder

“‘Culture add’ is essential in the workplace, and not ‘culture fit,’ because that’s how we unlock and maximize our personal and business gains,” said Jennifer Morales, underwriting consultant with Chicago-based CNA Insurance. It’s recognizing the potential in the individual.”.

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Less Than Half of All U.S. Counties are Affordable for Homeownership

Pro Builder

From there, the cost of mortgage payments, taxes, and insurance were calculated. The largest metros where homeownership remains affordable on average are Chicago, Houston, Philadelphia, Cleveland, and Tampa. . Counties deemed unaffordable are those with housing costs exceeding 28% of the average household income.