Buffett’s Oregon Utility Says Fire Lawsuits Pose Shutdown Risk September 8, 2025 By Peter Blumberg Berkshire Hathaway Inc.’s PacifiCorp says ongoing litigation from massive wildfires in 2020 that exposed the company to billions of dollars...
People Moves: Lockton Promotes Rapciewicz and Cullen to Lead US Casualty September 8, 2025 Brokerage Lockton announced new leadership appointments within its U.S. casualty business. Peter Rapciewicz has been named U.S. casualty leader, and...
NCCI Calls for 6.9% Average Decrease in Florida Workers’ Comp Rates September 8, 2025 Starting in January, workers’ compensation insurance rates for Florida businesses could drop by an average of 7%. The National Council...
Florida Official Dismisses Need to Study Vaccine Mandate September 8, 2025 By María Paula Mijares Torres Florida Surgeon General Joseph Ladapo said there’s no need to do projections of the potential effects of ending vaccine mandates...
US Plant Raid Jolts South Korea and Stirs Investor Anxiety September 8, 2025 By Youkyung Lee and Denny Thomas The immigration raid on a Georgia EV battery plant run by two South Korean firms has rattled Seoul, coming less...
Older Homes for Sale in California Now Come With Wildfire Warnings September 8, 2025 By Todd Woody Most California homes were built long before the state required that they be constructed to withstand wildfires. Now, sellers of...
Suit That Claimed Fox Sports Ex-Host Harassed Stylist Has Been Mostly Resolved September 8, 2025 A woman who worked as a hairstylist for Fox Sports has resolved most of a lawsuit that alleged former host...
Direct Home Insurer Kin Raises $50M in Series E Financing September 8, 2025 Direct-to-consumer homeowners insurer Kin said it has raised an oversubscribed $50 million Series E financing, at a pre-money valuation of...
Markets/Coverages: Everest Introduces EverBuild for Evolving Construction Risks September 8, 2025 Everest Insurance, the insurance division of Everest Group, recently announced the launch of EverBuild, an enhanced Builder’s Risk coverage form....
Judge Approves Chapter 11 Plan for Rochester Diocese With $246M Claims Fund September 8, 2025 By Andrew G. Simpson A federal bankruptcy judge on Friday signed off on a $246 million fund to pay abuse claims as part of...