Lee’s Rapid Growth Rewriting Hurricane Rule Book September 11, 2023 By Jeff Martin Hurricane Lee is rewriting old rules of meteorology, leaving experts astonished at how rapidly it grew into a goliath Category...
MGAs and Fronting Companies: Exploring the New ‘Asset-Light’ Frontier September 11, 2023 Premiums underwritten by U.S. managing general agencies not affiliated with insurance companies reached $33 billion in 2022, and fronting companies...
Class Action Claims Mobile Home Park Managers Conspired to Fix and Inflate Lot Rental Prices September 8, 2023 CHICAGO (AP) – A lawsuit seeking class-action status accuses nine mobile home community management companies and a mobile home market...
Kansas Insurance Department Returns Funds to Group-Funded Pools After Eliminating Assessment Fees September 8, 2023 Kansas Insurance Commissioner Vicki Schmidt announced the Kansas Insurance Department (KID) has returned dollars to group-funded pools following the enactment...
Litigation Funding Firms Seek to Intervene in Disciplinary Proceedings Against McClenny Moseley & Associates September 8, 2023 By Jim Sams Two litigation funding firms are seeking to intervene in disciplinary proceedings against McClenny Moseley & Associates after a federal judge...
Severe Storm Leaves Thousands Without Power in Little Rock, Arkansas September 8, 2023 LITTLE ROCK, Ark. (AP) – Thousands of Little Rock residents were without power Wednesday after a severe storm uprooted trees...
After Countrywide Pause, InsurTech Hippo Slowly Reemerging Next Week September 8, 2023 By Susanne Sclafane A profitability problem that would have otherwise taken insurtech Hippo half a year to correct is on the mend after...
MS Workers’ Comp Trust Can Seek Reimbursement From Driver in State Official’s Injury September 8, 2023 By Insurance Journal Staff Reports A workers’ compensation fund for Mississippi state agencies can take subrogation action against the driver of an all-terrain vehicle that...
Viewpoint: Six Ways to Stop Burning Man From Becoming ‘Muddy Man’ Next Year September 8, 2023 By Jonathan Jackson Over 70,000 Burning Man festival-goers were stranded in Nevada’s Black Rock Desert following heavy rain over the weekend. The Pershing...
Kroger to Pay Up to $1.4 Billion to Resolve Opioid Lawsuits September 8, 2023 By Nate Raymond Kroger on Friday said it would pay as much as $1.4 billion to resolve thousands of lawsuits by U.S. states,...