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Restoration and Remediation Industry News

Restoration Roundup: Worker's Comp Trends, a New President, New Zealand Earthquake, Asbestos Laws & More | 11.16.16

Restoration Roundup
November 16, 2016

The Restoration Roundup is a regular feature here on www.randrmagonline.com meant to help keep you abreast of headlines and news affected the restoration and remediation industry. You won't find it in your print or digital issue, so keep a close eye on our web-exclusive content!

Massive New Zealand Earthquake Causes Major Damage
A massive earthquake rocked New Zealand early Monday, killing two people, causing widespread damage and closing schools and businesses around the country. The local dollar weakened. The magnitude 7.5 quake struck at 12:02 a.m. local lime and was centered in the South Island north of Christchurch ...

Ontario Floods Cause $80 Million in Insured Losses
Flooding in the Windsor and Tecumseh areas of Ontario has resulted in nearly CA$108 million in insured losses, according to the Insurance Bureau of Canada (IBC). Over 6,000 home, auto, and business claims were filed with insurers following heavy rains at the end of September.

What Does a Trump Presidency Mean for the Industry?
PropertyCasualty360.com has compiled the views of several Property & Casualty insurance industry experts on what a Trump presidency — along with a Republican-controlled Congress — could mean for purveyors of P&C insurance, at least in the short term.

Worker's Comp Trends to Watch in 2017
Workers’ compensation continues to be a major concern for employers, and while some industries have more claims than others, all have concerns about the associated costs. For brokers, the challenge continues to be how they can help clients at a time when rising health care costs seem “baked in” to the cost of doing business.

EPA Takes Action on Lead-Based Paint Heath Hazards Enforcement
The U.S. Environmental Protection Agency (EPA) announced over 100 federal enforcement actions completed over the last year that require entities like renovation contractors, landlords and property managers to protect communities and public health from exposure to lead.

New Zealand Asbestos Guide Aims to Reduce Deaths
In New Zealand, the Approved Code of Practice for the Management and Removal of Asbestos (ACOP), designed to complement the Health and Safety at Work (Asbestos) Regulations 2016, took effect on Nov. 3. The new guide aims to halve asbestos-related deaths in New Zealand by 2024. 

 

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