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...
Florida CFO Steps in, Urges Court to Uphold PTSD Benefits for Firefighter June 22, 2022 By William Rabb Florida’s chief financial officer has stepped into the middle of a firefighters’ workers’ compensation appeal on a mental stress claim,...
EU Balks at U.S. Plan to Use Insurance to Cap Russian Oil Prices June 22, 2022 By Alberto Nardelli, Michael Nienaber and Ivan Levingston European officials are skeptical of a U.S. push to set a price cap on Russian oil by potentially easing an...
Turkish Insurers Facing Severe Strain, Fitch Ratings Warns June 22, 2022 Turkish insurers are facing one of their most challenging operating environments of the past decade, with earnings and capital adequacy...
Renault and Nissan Face Legal Action in France Over Engine Problem June 22, 2022 Carmaking partners Renault and Nissan face legal action in France from customers who have suffered problems with some engines made...
Yellowstone Park Aiming for Quick Reopening After Floods June 21, 2022 By Matthew Brown and Amy Beth Hanson Most of Yellowstone National Park should reopen within the next two weeks, much faster than originally expected after record floods...
Louisiana Extends Policy Cancellation Date for Lighthouse Excalibur June 21, 2022 Louisiana Insurance Commissioner Jim Donelon has extended the policy cancellation date for failed insurer Lighthouse Excalibur to June 30 following...
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,...