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U.S. Solar Industry Warns of Slowdown Due to Supply Chain Disruptions, Tariff Uncertainty

The U.S. solar industry is warning of a big slowdown in project installations this year as global supply chain disruptions and the threat of new U.S. tariffs on panel imports from Southeast Asia hit home. U.S. power company Southern Co. …

State Farm Still Wins: Buffett Talks Auto Insurance at Annual Event

There wasn’t a lot of talk about auto insurance at this year’s annual meeting of Berkshire Hathaway, but when the subject came up, Warren Buffett acknowledged the continued dominance of one competitor—a mutual insurer. “The largest auto insurance company in …

China’s Ping An Profit Drops 24% as Pandemic Deals Blow to Business

Ping An Insurance (Group) Co., China’s largest insurer by market value, said profit fell 24% and warned that outbreaks of COVID in the world’s second-biggest economy pose a threat to near-term growth. Net income dropped to 20.7 billion yuan ($3.1 …

Black Neighborhood Lost $5M When Homes Taken by Georgia Authorities in 1960s

Residents of a Black neighborhood in north Georgia lost more than $5 million on their properties when their homes were destroyed and replaced with university dorms and parking lots more than 50 years ago, according to an analysis by University …

Medical Marijuana Industry Booming in Florida in Last Two Years

As in other states that have legalized medical marijuana, Florida has seen a huge increase in doctors, users and dispensary businesses in the last few years, thanks in part to the COVID-19 pandemic. “Cannabis is one of the few industries …

Hard Drives Stolen During Break-in at Washington Department of Labor Regional Office

Hard drives, laptops, cellphones, office equipment, door access key cards, gas cards and other items were stolen during a recent burglary at the Washington State Department of Labor & Industries regional office in Tukwila. The Tukwila Police Department is investigating …

California City Pushing Back on $85M Award in Restraint Case

San Diego County lawyers are seeking to wipe out an $85 million jury award to the family of man who died after being restrained by sheriff’s deputies in 2015, or get a new trial in the lawsuit that generated the …

FAIR Plan Launches Higher Coverage Limits for Commercial, Business Properties

The California FAIR Plan is now offering increased coverage limits for commercial and business properties. The higher limits are being made available in response to customer requests for FAIR Plan coverage of higher value commercial properties. California Insurance Commissioner Ricardo …

Investigation Underway Into Fire That Ravaged Popular New Hampshire Hotel

Three people were injured in a windswept fire that ripped through a landmark North Conway, New Hampshire hotel Saturday afternoon. Two were firefighters who were battling the blaze at the Red Jacket Mountain View Resort in North Conway. None of …

Louisiana Judge Orders Liquidation of Lighthouse

A Louisiana district court judge last week ordered the liquidation of Lighthouse Property Insurance Co., the troubled homeowners insurer who held policies in Louisiana, Florida, Texas, North Carolina and South Carolina. Judge Richard “Chip” Moore, III of the 19th Judicial …

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