Report spells robust ROI for current code-aligned hazard mitigation
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Published: Tuesday, 12 February 2019 15:56
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Written by Concrete News
A new National Institute of Building Sciences report highlights the significant savings realized from implementing mitigation strategies in terms of safety, property loss prevention, and day-to-day life disruption. The project team behind the Interim Report on the Value of Mitigation weighs the benefits of designing homes and buildings to meet the 2018 International Residential and International Building Codes versus the prior generation of codes reflecting 1990s-era practice and National Flood Insurance Program requirements.
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Travelers Cos. heeds state’s call for foundations repair fund participation
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Published: Saturday, 19 January 2019 20:39
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Written by Concrete News
A $5 million fund from Hartford-based Travelers Cos. will assist Connecticut customers whose homes exhibit concrete deterioration associated with expansion attributed to pyrrhotite, an iron sulfide-bearing compound identified in aggregate from a Willington, Conn. quarry. The voluntary Travelers Benefit Program offers up to $25,000 and $10,000, respectively, to current and past policyholders whose repair costs exceed awards from the recently launched Connecticut Foundations Solutions Indemnity Company (CFSIC).
Read more: Travelers Cos. heeds state’s call for foundations repair fund participation
