A large fire that gutted a Southeast Portland, Ore., textile manufacturing last week was arson, according to fire officials. Portland Fire & Rescue said in a statement that a security camera recorded someone starting the fire in a nearby dumpster, …
Fires at an apartment complex displaced more than 20 people on Sunday night, with authorities saying the blaze was suspicious and appeared to have been started in the recycling bins left on back porches. This is the second fire to …
The U.S. Supreme Court on Monday asked President Joe Biden’s administration to weigh in on whether Volkswagen AG can be sued by local governments in Florida and Utah for damages stemming from the German automaker’s diesel emissions cheating scandal. The …
A case pitting several insurer groups against Washington Insurance Commissioner Mike Kreidler is set to be heard on Friday morning. The Independent Insurance Agents and Brokers of Washington, the Professional Insurance Agents of Washington and the American Property Casualty Insurance …
Gov. Gavin Newsom said said California will stop issuing fracking permits by 2024 and halt all oil drilling by 2045, using his authority to take on the state’s powerful oil and gas industry in a year he will likely face …
There may be many more carriers and brokers waiting on the sidelines of the insuring cannabis sector to get in than most may realize. That was among the messages delivered by experts during Insurance Journal’s webinar in mid-April, How Insurance …
The head of the Suez Canal Authority (SCA) said on Monday he hoped talks would soon yield an agreement with the owner and insurer of a giant container ship which is still being detained since it blocked the waterway for …
South Carolina’s governor is pushing state lawmakers to approve a bill that would prevent people who contract COVID-19 from suing businesses and other groups that have followed federal and state health guidelines. In a letter sent Monday to House members …
McKinsey analysts believe insurers focused on large one-off deals undertaken to scale their companies and those that stick to organic growth are both headed down unfruitful paths if outsized shareholder return is their success metric. In a report published in …
A company facing resistance to its plans to build an oil pipeline over an aquifer that provides drinking water to 1 million people has asked for a “mutual pause” in its dispute with city officials in Memphis, Tennessee. Plains All …