News Archives - Insurance Journal

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20 09, 2023

People Moves: Hylant Names Reyes Risk Leader and Adds NC Benefits Team Members

By | September 20th, 2023|Uncategorized|Comments Off on 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 …

8 09, 2023

Connecticut Farm Worker Paralyzed After Being Attacked by Bull

By | September 8th, 2023|Uncategorized|Comments Off on Connecticut Farm Worker Paralyzed After Being Attacked by Bull

A 59-year-old Connecticut man was seriously injured after being attacked by a bull at the farm where he was working. Family members told Hearst Connecticut Media that the bull attacked Randy Janquins on Friday at a farm in Harwinton, Connecticut, …

20 09, 2023

The Legal Tensions of Collaboration and Competition in the Life Sciences Industry

By | September 20th, 2023|Uncategorized|Comments Off on 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 …

8 09, 2023

FEMA Disaster Aid Now Available in Maine for June Flooding

By | September 8th, 2023|Uncategorized|Comments Off on FEMA Disaster Aid Now Available in Maine for June Flooding

The Federal Emergency Management Administration (FEMA) announced that federal disaster assistance has been made available to the state of Maine to supplement recovery efforts in the areas affected by a severe storm and flooding on June 26, 2023. According to …

20 09, 2023

Israeli Cyber Firm Cato Networks Raises $238M, Valued at $3B

By | September 20th, 2023|Uncategorized|Comments Off on Israeli Cyber Firm Cato Networks Raises $238M, Valued at $3B

Israeli cybersecurity firm Cato Networks said on Tuesday it had raised $238 million in a private funding round that valued the company at $3 billion. The round, one of Israel’s largest this year and Cato’s biggest, was led by LightSpeed …

20 09, 2023

Credit Suisse Unit Ordered to Pay Georgian Tycoon Ivanishvili $743 Million

By | September 20th, 2023|Uncategorized|Comments Off on Credit Suisse Unit Ordered to Pay Georgian Tycoon Ivanishvili $743 Million

A Credit Suisse unit has been ordered to pay billionaire Bidzina Ivanishvili reduced damages of $742.7 million by a Singapore court as it confirmed that the bank’s trust had failed to safeguard its client’s assets. The amount was revised down …

8 09, 2023

Oregon Workers’ Comp Costs to Drop 11th-Straight Year

By | September 8th, 2023|Uncategorized|Comments Off on Oregon Workers’ Comp Costs to Drop 11th-Straight Year

Oregon employers will pay on average less for workers’ compensation coverage, according to an update from the Oregon Department of Consumer and Business Services. The decline marks 11 years of average decreases in the pure premium rate – the base …

20 09, 2023

US Home Insurance ‘Bubble’ Closer to Popping as Climate Risks Mount: Report

By | September 20th, 2023|Uncategorized|Comments Off on US Home Insurance ‘Bubble’ Closer to Popping as Climate Risks Mount: Report

Home insurance costs that have soared in much of the US may get even higher. Tens of millions of properties around the country are insured at prices that haven’t caught up with the danger of hurricanes, wildfires and floods, according …

8 09, 2023

Judge’s Ruling That Trump Defamed Writer Sets Up Second Trial on Damages

By | September 8th, 2023|Uncategorized|Comments Off on Judge’s Ruling That Trump Defamed Writer Sets Up Second Trial on Damages

Four months after a jury found that Donald Trump sexually abused and defamed advice columnist E. Jean Carroll, a federal judge ruled Wednesday that still more of the ex-president’s comments about her were libelous. The decision means that an upcoming …

20 09, 2023

Eli Lilly Sues Businesses Selling Knockoff Versions of Mounjaro

By | September 20th, 2023|Uncategorized|Comments Off on Eli Lilly Sues Businesses Selling Knockoff Versions of Mounjaro

Eli Lilly & Co. is suing medical spas, wellness centers and compounding pharmacies in various US states that sell unapproved versions of its blockbuster diabetes drug Mounjaro, which is frequently used off-label for weight loss. In lawsuits Lilly said it …