The CEO of Zurich Insurance Group AG departed not long after the company announced an additional $306 million in reserves to cover auto and construction liabilities in the U.S.
While the Washington Dept. of Transportation won’t open the detailed bids for downtown Seattle’s Alaskan Way Viaduct replacement project until mid-December, Gov. Chris Gregoire (D) nudged the long-awaited 56-ft-dia, 2-mi-long bored tunnel one step closer to reality, when she announced on Oct. 29 that both teams submitting bids that day were at or below WSDOT’s estimate of $1.09 billion.
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