Experts: Expect green-building expansion globally in 2013
Green building in the U.S. is expected to rebound this year, after Leadership in Energy and Environmental Design projects represented 20% of all new put-in-place construction in 2012, experts say. The greatest expansion of green building will be in retrofits, they predict. Other expected trends in green building for 2013 include automation of building management through the cloud, greater use of solar power, growing awareness of freshwater supply problems, the increasing presence of zero-net-energy buildings, and an acceleration of green building in places such as China, Singapore, the EU and Brazil. Sustainable Industries
EPA Potentially Responsible Party (PRP) letters
The state of Alabama joins a majority of supreme courts that have held that PRP letters satisfy the "suit" requirement in a standard commercial general liability policy. Read more about the recent court case.
2013 Reinsurance Market Outlook
Aon Benfield's 2013 Reinsurance Market Outlook -- Reinsurance Capacity Growth Continues to Outpace Demand report reveals that reinsurance capital reached $500 billion in 2012. The lack of significant reinsured losses from catastrophes in 2012 was a reasonable departure from the building view of a "new normal" higher level of global catastrophes. Read more.
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