News
Firefighter Warned Brush Fire Wasn’t Out Before Massive Palisades Blaze Ignited
A Los Angeles firefighter testified in a newly released deposition that he told colleagues the ground was still smoldering from a brush fire days before authorities say it reignited into the most ...
What Berkshire’s CEO Abel Said About Insurance
Berkshire Hathaway's chief executive had the unusual task of reporting lower 2025 underwriting and investment income for GEICO and other insurance and reinsurance operations in his first report to ...
AI-Generated Job Ads Discriminated Against U.S. Workers, Says Civil Rights Unit
The Department of Justice (DOJ) reported it has secured a settlement agreement with a Virginia information technology services firm that is says discriminated against U.S. workers by advertising jobs ...
Zurich Insurance and Beazley Agree to $10.9B Cash Acquisition
Zurich Insurance Group announced it has agreed with UK specialty insurer Beazley the terms of an all-cash offer to acquire Beazley for $10.9 billion. The aggregate cash deal is expected to be funded ...
Senators Sound Alarm After New Data Shows Fewer OSHA Inspections, Fines
A group of U.S. senators issued a letter to Labor Secretary Chavez-DeRemer and Assistant Secretary of Labor for Occupational Safety and Health David Keeling, outlining their concerns about new data ...
Investor Lawsuits Push Back on SEC Changes That Gave Firms More Power
A new federal approach giving U.S. companies more say over which proposals shareholders can vote on at their annual meetings is creating regulatory uncertainty and leading to litigation, activists ...
Jury Orders PacifiCorp to Pay $305M in Latest Oregon Wildfire Class Action Verdict
An Oregon jury has ordered PacifiCorp to pay $305 million to 16 victims of the state's devastating 2020 wildfires in the latest verdict in a class-action lawsuit against the utility that includes ...
Marine Insurers Cancel War Risk Cover as Iran Conflict Escalates
Marine insurers are canceling war risk coverage for vessels and oil shipping rates are set to surge further after the widening Iran conflict left at least three tankers ...
