U.S. Solar Developers to Spend $6 Billion to Boost Domestic Supply Chain June 22, 2022 A group of U.S. solar energy project developers on Tuesday said they would jointly spend about $6 billion to support...
Agent-Focused Home Insurer Openly Closes $75 Million Funding Round June 22, 2022 Boston-based Openly, an insurtech homeowners insurer distributing through independent agents, has closed a $75 million Series C investment. According to...
Buffett’s Dairy Queen Loses Lawsuit Over ‘Blizzard’ Name June 22, 2022 By Jonathan Stempel A federal judge ruled that Dairy Queen cannot stop W.B. Mason Co from selling “Blizzard” bottled spring water, the same...
New Layer of Federal Oversight for Climate Disclosures Not Needed: Triple-I June 21, 2022 Creating a new layer of federal oversight would neither enhance nor standardize the climate-related disclosures U.S. insurers make to investors,...
Challenge to SEC ‘Gag’ Rule Turned Away by Supreme Court June 21, 2022 By Jody Godoy The U.S. Supreme Court on Tuesday rejected a challenge brought by a former Xerox Corp executive and backed by Elon...
Captives, MGAs, MGUs Contribute to Growing Cyber Insurance Market June 21, 2022 By Chad Hemenway The hard market for cyber insurance, which is expected to continue for “some time,” and a lack of capacity has...
Bayer Rejected by US Supreme Court in Bid to End Roundup Suits June 21, 2022 By Greg Stohr The US Supreme Court rejected a multibillion-dollar appeal from Bayer AG, refusing to shield the company from potentially tens of...
Tesla Sued by Former Employees Over ‘Mass Layoff’ June 21, 2022 By Akriti Sharma and Hyunjoo Jin Former Tesla Inc. employees have filed a lawsuit against the U.S. electric car company alleging its decision to carry out...
Preparing for InsurTech’s Second Act: Embedded Insurance June 20, 2022 By Elizabeth Blosfield The insurtech industry has been around for about a decade, and experts say that while it has succeeded in bringing...
Miles Davis Photographer’s Suit Against Tattoo Artist Von D to Test Copyright ‘Fair Use’ June 20, 2022 By Riddhi Setty Celebrity tattoo artist Kat Von D’s use of a famous photograph of jazz great Miles Davis has led to what’s...