Newsmaker: Lawrence W. Speck



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Zurich launches green building insurance

The insurance provides coverage to address some of the loss exposures and expenses unique to green building construction and renovation projects, including commissioning, re-certification fees, and consulting fees.

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Credit freeze weakens construction outlook

The worldwide credit freeze caused a marginal drop in construction spending in September and October, a larger—but still modest—decline in new project starts, and much larger project delays and cancellations, according to BD+C Economist Jim Haughey. The construction outlook for 2009-10 has worsened, and is dependent on how quickly the financial markets are corrected.

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“Fashionable” Project Reflects the New Milan



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