MONTICELLO, Minn. (AP) — A Minnesota utility began shutting down a nuclear power plant near Minneapolis on Friday after discovering water containing a low level of radioactive material was leaking from a pipe for the second time. While the utility …
DANVILLE, Va. (AP) — A diesel fuel leak in Virginia shut down part of the Colonial Pipeline, the nation’s largest fuel pipeline, which supplies roughly half the fuel consumed on the East Coast, but it is expected to restart Saturday, …
NEW YORK —Traders expressed worry on Monday about how long Canada’s TC Energy Corp’s cleanup efforts would take in order to restart its Keystone oil pipeline after more than 14,000 barrels of oil leaked last week, the largest U.S. crude …
The South Carolina Supreme Court on Wednesday became the fourth state high court in the nation to rule that the virus that causes COVID-19 cannot cause a direct physical damage or loss covered by a commercial property insurance policy. The …
While Fitch Ratings worries that litigation over COVID-19-related business-interruption claims is creating uncertain risk for property and casualty insurers, an economist who once served as a chief advisor to the industry said he doubts there will be a widespread impact. …
GULFPORT, Miss. — A Mississippi Gulf Coast casino has become one of many businesses nationwide to sue its insurer for refusing to cover business losses because of the coronavirus pandemic. Island View Casino Resort in Gulfport contends in the federal …
A federal judge in California disappointed a law firm suing Travelers Insurance over coronavirus lockdown related business interruption claims in refusing to remove its case to state court and denying its request for a dismissal or stay of a countersuit …
If April was the month Americans hunkered down at home to fight the coronavirus pandemic, June may prove the month they officially lost patience, venturing back to restaurants, beauty salons and other socially dense activities that hinted at an economic …
LAKE CHARLES, La. — After the mandatory shutdown of nonessential businesses in Louisiana during this coronavirus pandemic, several small business owners have been faced with making a new way of life. Two local businesses — Bauhaus Salon and Haus Spa …
Many companies are having to shutdown their premises temporarily at short notice due to the Covid 19 pandemic. According to the risk consultants of Allianz Global Corporate & Specialty (AGCS), improper action or negligence when decommissioning buildings and production facilities …