subsidence News

Dutch Buildings Built on Wooden Piles Are Sinking After Drought Cuts Groundwater

Inside Amsterdam’s Rijksmuseum, Rembrandt’s masterpiece The Night Watch appears to be hanging straight, as do other famous works by Vermeer and Van Gogh. While standing outside the gargantuan red-brick building, however, eagle-eyed engineers noticed the museum was sinking 15 centimeters …

Just Like Many British Homes, UK Insurers’ Shares Are Subsiding This Summer

Just like a lot of British houses this summer, U.K. insurance stocks are sinking. The country’s non-life insurers sector had its steepest drop in more than a year-and-a-half on Friday after its biggest constituent, RSA Insurance Group Plc, warned this …

UK Could See Surge in Subsidence Claims Due to Prolonged Dry Weather: Sedgwick

The UK could see a surge in subsidence due to the prolonged spell of hot and dry weather across the country, according to Sedgwick, a London-based provider of technology enabled risk, benefits and integrated business solutions. Based on the company’s …

ABI Warns UK Homeowners of Subsidence Risks from Drought

The Association of British Insurers (ABI) is urging homeowners not to worry unnecessarily, but to be aware of the ongoing drought conditions currently afflicting the UK. The extremely dry weather, with little or no rainfall across many parts of the …