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2018 OSHA Update

AB 262 was signed into law by Governor Brown in 2017. The law will require, for public works projects entered into on or after July 1, 2019, that the successful bidder submit an Environmental Product Declaration (EPD) to the awarding agency/authority. By January 1, 2019, the Department of General Services (DGS) will establish and publish in the State Contract Manual the maximum acceptable global warming potential for each category of eligible materials. Eligible materials include: carbon steel rebar, flat glass, wool board insulation and structural steel.

Can (Re)Insurers Will Their Way To a Hard Market?

Since the end of August the property insurance market has seen a stark contrast to the prior historic lows of hurricane activity and industry catastrophic (Cat) losses. Hurricanes Harvey, Irma, Maria (HIM); the Chiapas and Central Mexico earthquakes; the California wildfires; and ongoing storm activity have the industry navigating the prospect of a $100 billion to $120 billion reduction in capital.  Insureds are rightly asking whether carrier rhetoric is signaling a reversal in market cycle.