Insurance Journal
Two people were killed by falling trees and tens of thousands were left without power as severe storms rolled through the South over the weekend. The storms downed trees and powerlines and brought heavy rainfall, hail and gusty winds as …
Posted: Jun 10, 2025
Brown & Brown Inc. said it has entered into an agreement to buy Accession Risk Management, the parent company of specialty brokerage firm Risk Strategies and wholesaler One80 Intermediaries, for about $9.8 billion. Daytona Beach, Florida-based Br...
Posted: Jun 10, 2025
Fifty trucks will spend five months hauling Lahaina wildfire debris to a landfill in the center of Maui starting next Monday, Maui County said. There’s enough debris to fill five football fields five stories high. About two years ago the …...
Posted: Jun 10, 2025
Pennsylvania-based Erie Insurance is still working to restore systems following a network outage that it revealed on Sunday. “A network outage impacting Erie systems continues. All available resources are working to restore access as soon as po...
Posted: Jun 10, 2025
Five large brokerage firms must reimburse customers $19 million as the result of a nationwide crackdown by state securities regulators on what they say are commission overcharges on small-dollar transactions, according to Massachusetts Secretary of S...
Posted: Jun 10, 2025
British retailer Marks & Spencer resumed taking online orders for clothing lines on Tuesday after a 46-day hiatus following a cyberattack. Shares in M&S, one of the best-known names in British business, were up 3.5% after it restarted standar...
Posted: Jun 10, 2025
Wall Street’s top regulator told the White House in March it had already made substantial progress toward meeting President Trump and Elon Musk’s demands for leaner government via voluntary workforce reductions, according to a planning do...
Posted: Jun 10, 2025
United Natural Foods Inc., one of the largest U.S. grocery distributors whose clients include Whole Foods, took certain systems offline in recent days after the discovery of unauthorized activity on internal networks, the company said on Monday. A Wh...
Posted: Jun 10, 2025
Last week, we answered the question; What do people need to know about hurricane season? In responding to that question, it occurred to me that there is more to the answer and I want to focus on the question of …
Posted: Jun 10, 2025
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 exist...
Posted: Jun 10, 2025
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 R...
Posted: Jun 10, 2025
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 R...
Posted: Jun 10, 2025
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 Sh...
Posted: Jun 10, 2025
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, …...
Posted: Jun 10, 2025
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 …
Posted: Jun 10, 2025
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. Greens...
Posted: Jun 10, 2025
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 pe...
Posted: Jun 10, 2025
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 promisin...
Posted: Jun 10, 2025
Alliant Insurance Services namedMary 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-st...
Posted: Jun 10, 2025
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 t...
Posted: Jun 10, 2025
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 specificall...
Posted: Jun 09, 2025
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 bulle...
Posted: Jun 09, 2025
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 Pales...
Posted: Jun 09, 2025
McDonald’s Corp. said it’s sticking to its most important inclusion initiatives, even as the Trump administration and conservative activists attack diversity, equity and inclusion practices. McDonald’s earlier this year retired R...
Posted: Jun 09, 2025
The U.S. Environmental Protection Agency announced a settlement with chemicals solutions company Stepan Co. of Northbrook, Illinois, for allegedly distributing or selling a misbranded pesticide in violation of the Federal Insecticide, Fungicide, and...
Posted: Jun 09, 2025