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Home » Topics » Business » Risk

Risk
Risk RSS Feed RSS

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Executive News

Obituary: Irvin Richter, 79, Pioneered Construction Claim Resolution, Project Management Consulting

Debra K. Rubin
Debra K. Rubin
July 19, 2024
No Comments

Innovator who founded and led claims and project management consultant Hill International in the 1970s and became a widely sought expert in both fields, died of complications from a stroke on June 22.


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Flood Risk

First Phase of $2B Staten Island Flood Risk Reduction Project to Begin Construction in 2024

Pam_McFarland
Pam McFarland
July 18, 2024
No Comments

The U.S. Army Corps of Engineers awards the first of seven large contracts to reduce flood risk on Staten Island. 




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Clean Energy Construction

Massachusetts Offshore Wind Megaproject Seeks Recovery After Blade Break

Debra K. Rubin
Debra K. Rubin
July 17, 2024
No Comments

UPDATE: Blade break was due to plant manufacturing error—not design, GE Vernova CEO said. As incident probes and cleanup of floating debris and fiberglass shards continue near the 806-MW, $3B Vineyard Wind project, market signs show offshore wind sector still has growth momentum.



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Metal telescoping gate.jpg

Contested OSHA Safety Penalty Against PENTA Building Group Remains on Hold

Lead-up to deadly crushing accident is described by an OSHA Review Commission judge
Richard Korman.jpeg
Richard Korman
July 17, 2024
No Comments

An assessment of an OSHA Review Commission case involving a worker killed at a California casino site.



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Legal

Boise Hangar Plans Improperly Modified Before Fatal Collapse, Lawsuit Alleges

James-Leggate.jpg
James Leggate
July 17, 2024
No Comments

Families of two of the three workers killed in the collapse are suing the general contractor and other companies involved with the project.


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Risk

FEMA Strengthens Risk Mandates Rebuilding Flood-Prone Communities

Pam_McFarland
Pam McFarland
July 16, 2024
No Comments

Agency publishes updated flood standard requiring project participants who rebuild after disaster to consider future flood risks. 


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carbon dioxide removal facility
Oil and Gas

ENR 2024 Top 500 Sourcebook: Plant Tests Ocean Carbon Dioxide Removal

Arup begins feasibility study of commercial-scale facility set for Canada site
David Godkin
July 16, 2024
No Comments

Arup begins feasibility study of commercial-scale facility set fyo be built on a site in Quebec, Canada.



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Government

Regulatory Chaos Seen in Wake of US Supreme Court Loper Ruling

But supporters contend opinion will require agencies to stick to legislative intent
Pam_McFarland
Pam McFarland
Debra K. Rubin
Debra K. Rubin
July 12, 2024
No Comments

Majority decision overturning 40-years of legal precedent in court deference to federal agency expertise in rulemaking leaves many unanswered questions. 



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Risk

Chubb: Nuclear Verdicts, Third-Party Litigation Drive Up Insurance Costs

Richard Korman.jpeg
Richard Korman
July 9, 2024
One Comment

Large verdicts against corporate defendants are way up, the insurance giant found.


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Water Resources

Work Starts on $1.2B Project to Block Great Lakes Asian Carp Invasion

Pam_McFarland
Pam McFarland
July 9, 2024
No Comments

Funding deal will push forward two-decade-plus effort to build barriers and take other steps to prevent invasive species migration into the key U.S. shipping and recreation hub.


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