Ryan Specialty Underwriting Managers (RSUM), the specialty underwriting segment of Ryan Specialty, has launched Ryan Specialty Renewables, an international renewable energy managing general underwriter. The MGU is formed from the unification of existing company brands: PERse Americas, PERse International, de …

A new study aims to reframe the global debate surrounding diversity, equity and inclusion in the City of London by focusing less on demographics and more on hiring people with diverse experiences. The report, published on Monday by the Diversity …

Lawyers have cited fake cases generated by artificial intelligence in court proceedings in England, a judge has said — warning that attorneys could be prosecuted if they don’t check the accuracy of their research. High Court justice Victoria Sharp said …

Mid-year insurance industry assessments indicate that the ongoing trends of the last six months are likely to persist through the end of the year, even if the conditions in question are defined as unstable or unpredictable. The new USI report, …

For analysts at Fitch Ratings, the recent demolition of a Swiss village by a glacier is fresh proof that climate change is altering the laws of mortgage risk. The world looked on in shock last month as 3 million cubic …

Financier Lex Greensill said there was a “code of silence” around a series of transactions with SoftBank Group Corp. to keep potential losses hidden, in his first public court appearance since the high-profile collapse of his firm. Greensill is giving …

The Orlando-based boutique agency and brokerage Hatcher Insurance is now part of Unison Risk Advisors, Unison announced this week. Hatcher, founded almost 80 years ago, offers property and liability insurance, surety bonding, employee benefits and personal insurance services. Industry veterans …

The state-created captive insurer handling Connecticut homeowners’ claims for crumbling foundations is in line for another $100 million in bond funding in the biennial budget now awaiting Gov. Ned Lamont’s approval. Lawmakers are promising $25 million in each of the …

Alliant Insurance Services named Mary Campbellvice president within its employee benefits group. Based in the Pacific Northwest, Campbell has nearly three decades of experience designing and deploying alternative funding strategies for large, multi-state employers. Before joining Alliant, Campbell was a …

Proposals that would let survivors of childhood sexual abuse file lawsuits in Pennsylvania beyond the state’s current statute of limitations passed the state House on Monday, the latest development in a yearslong lobbying campaign. One of the two bills is …

Waymo has suspended service of its ride-hailing service in downtown Los Angeles after its vehicles were set on fire during protests against immigration raids in the area. Waymo doesn’t believe the protests are related to the company specifically, according to …

The Texas Department of Insurance (TDI) said it has issued a data call to Insurance companies writing personal automobile and residential property policies to gather information for the HelpInsure.com website. TDI said in a commissioner’s bulletin that HelpInsure is a …

A specialized plane equipped with advanced sensors that the government deploys to chemical disasters could have helped authorities avoid needlessly blowing open five rail tank cars and burning their toxic contents after the disastrous 2023 East Palestine train derailment, a …

Hub International Ltd. acquired the assets of Wycoff Insurance Agency Inc. in Mount Vernon, Washington. Wycoff Insurance will be referred to as Wycoff Insurance Agency, a Hub International company. Chris Eisses, president, Donnie Keltz, vice president, secretary and treasurer, and …

Some homeowners who lost their homes in the Los Angeles wildfires have filed lawsuits against three large insurers over claims payouts they say didn’t cover their losses. The lawsuits were filed in Los Angeles County Superior Court this week. They …

Texas lawmakers this year heavily focused their drug policy agenda on banning tetrahydrocannabinol, or THC, products in the state. Senate Bill 3, which prohibits the possession of consumable hemp products that contain any synthetic cannabinoid, often known as delta-8, was …

As severe storms once again soak, twist and pelt the nation’s midsection, a team of dozens of scientists is driving into them to study one of the nation’s costliest but least-appreciated weather dangers: Hail. Hail rarely kills, but it hammers …

Mattel Inc. and its Fisher-Price unit have settled lawsuits alleging their recalled Rock ‘n Play baby sleeper was so defectively designed that it led to the deaths of infants. The agreement, disclosed in a Delaware court filing last week, resolves …

On Jan. 5, 2025, at about 2:35 in the afternoon, the first severe hailstorm of the season dropped quarter-size hail in Chatham, Mississippi. According to the federal storm events database, there were no injuries, but it caused $10,000 in property …

R & G Endeavors, Inc., a fast-food franchisee doing business as Culver’s Restaurants of Cottage Grove, will pay $261,000 and furnish other relief to settle two cases brought by the U.S. Equal Employment Opportunity Commission (EEOC), one involving race, sex …