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News Archives - Insurance Journal

Ryan Specialty Underwriting Managers Forms International Renewable Energy MGU
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 …

POSTED JUNE 10, 2025 6:58 AM
New Push to Reframe DEI in London Shifts Away from Diversity
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 …

POSTED JUNE 10, 2025 6:14 AM
UK Judge Warns of Risk to Justice After Lawyers Cited Fake AI-Generated Court Cases
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 …

POSTED JUNE 10, 2025 5:10 AM
USI Mid-Year Update: Ongoing Trends to Continue
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 JUNE 10, 2025 5:06 AM
Fitch Warns of Rising Mortgage-Bond Risk Due to Extreme Weather
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 JUNE 10, 2025 5:05 AM
Financier Lex Greensill Decries ‘Code of Silence’ Around SoftBank Deals
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 …

POSTED JUNE 10, 2025 5:05 AM
Unison Risk Advisors Acquires Boutique Hatcher Insurance Agency in Orlando
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 …

POSTED JUNE 10, 2025 5:01 AM
People Moves: Campbell Joins Alliant Insurance Services as Northwest Benefits Team VP
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-state employers. Before joining Alliant, Campbell was a benefits …

POSTED JUNE 10, 2025 5:00 AM
Connecticut Crumbling Foundation Insurer Seeks $100 Million to Close
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 …

POSTED JUNE 10, 2025 5:00 AM
Pennsylvania House Advances Bills on Child Sex Abuse Lawsuits
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 …

POSTED JUNE 10, 2025 5:00 AM

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