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Tag: insurance-journal

The Legal Tensions of Collaboration and Competition in the Life Sciences Industry
Insurance Journal | September 20, 2023
The Legal Tensions of Collaboration and Competition in the Life Sciences Industry
Moderna’s suit against Pfizer and partner BioNtech over alleged COVID-vaccine-related patent infringement – and the targets’ countersuit – might suggest an abrupt return to business as usual after an unprecedented period of cooperation among life sciences companies during the height …
People Moves: Hylant Names Reyes Risk Leader and Adds NC Benefits Team Members
Insurance Journal | September 20, 2023
People Moves: Hylant Names Reyes Risk Leader and Adds NC Benefits Team Members
Hylant, one of the larger privately held insurance brokers in the country, has made a number of personnel changes in recent weeks. Alejandro Reyes will lead Ohio-based Hylant’s business risk consulting teams, which help clients manage operational risks, the company …
Assumable Mortgages Could Save Buyers Thousands in Interest, Startup Says
Insurance Journal | September 20, 2023
Assumable Mortgages Could Save Buyers Thousands in Interest, Startup Says
A New York startup company said it is now offering a platform that will make it easier for homebuyers to assume a mortgage from the seller, potentially saving buyers significantly over current interest rates. Roam, as it’s known, launched last …
People Moves: Bundy to Lead Burns & Wilcox San Diego Office
Insurance Journal | September 20, 2023
People Moves: Bundy to Lead Burns & Wilcox San Diego Office
Kendall Bundy has joined Burns & Wilcox and will lead its San Diego, Calif. office. Bundy most recently served as a vice president at RT Specialty and also worked as project manager at Fieldwork Network. Burns & Wilcox is headquartered …
Washington Proposes 4.9% Increase in Workers’ Comp Rates for 2024
Insurance Journal | September 20, 2023
Washington Proposes 4.9% Increase in Workers’ Comp Rates for 2024
The Washington State Department of Labor & Industries is proposing a 4.9% increase in the average hourly rate employers and workers will pay for workers’ compensation insurance next year. If adopted, the increase would have employers and workers jointly paying …
Class Action Claims Mobile Home Park Managers Conspired to Fix and Inflate Lot Rental Prices
Insurance Journal | September 8, 2023
Class Action Claims Mobile Home Park Managers Conspired to Fix and Inflate Lot Rental Prices
CHICAGO (AP) – A lawsuit seeking class-action status accuses nine mobile home community management companies and a mobile home market data provider of conspiring to fix and inflate lot rental prices at more than 150 locations across the U.S. The …
Kansas Insurance Department Returns Funds to Group-Funded Pools After Eliminating Assessment Fees
Insurance Journal | September 8, 2023
Kansas Insurance Department Returns Funds to Group-Funded Pools After Eliminating Assessment Fees
Kansas Insurance Commissioner Vicki Schmidt announced the Kansas Insurance Department (KID) has returned dollars to group-funded pools following the enactment of legislation that does away with two assessment fees. The Department introduced and successfully lobbied for the passage of legislation …
Litigation Funding Firms Seek to Intervene in Disciplinary Proceedings Against McClenny Moseley & Associates
Insurance Journal | September 8, 2023
Litigation Funding Firms Seek to Intervene in Disciplinary Proceedings Against McClenny Moseley & Associates
Two litigation funding firms are seeking to intervene in disciplinary proceedings against McClenny Moseley & Associates after a federal judge in Louisiana ruled that the law firm has no right to any attorney fees for 201 hurricane-damage claims. The Equal …
Severe Storm Leaves Thousands Without Power in Little Rock, Arkansas
Insurance Journal | September 8, 2023
Severe Storm Leaves Thousands Without Power in Little Rock, Arkansas
LITTLE ROCK, Ark. (AP) – Thousands of Little Rock residents were without power Wednesday after a severe storm uprooted trees and damaged homes in neighborhoods rebuilding from a tornado that hit the state last spring. There were no immediate reports …
People Moves: Caro Joins Alliant Insurance Services as VP; LUBA Workers’ Comp Hires McCrary
Insurance Journal | September 1, 2023
People Moves: Caro Joins Alliant Insurance Services as VP; LUBA Workers’ Comp Hires McCrary
Caro Joins Alliant Insurance Services as VP John Caro has joined Alliant Insurance Services as vice president in its Alliant Americas division. Caro is based in Lafayette, La. Alliant is headquartered in Irvine, Calif. Caro has over 30 years of …