Ryan Specialty signed a definitive agreement to acquire certain assets of Griffin Underwriting Services in Bellevue, Washington. The acquisition is expected to close in January 2023. Griffin Underwriting is a binding authority specialist and wholesale insurance broker. Griffin offers services …

Chokoloskee and Everglades City, two fishing villages-turned-travel-destinations that sit next to each other on the cusp of Everglades National Park and the Gulf of Mexico, have seen more than their share of hurricane destruction — Donna in 1960, Wilma in …

Liberty Mutual Insurance is the target of a proposed class action alleging that the company uses spyware on its website that violates Pennsylvania’s electronic surveillance law. The suit claims the company uses “session replay” spyware, namely Clicktale and Datadog, to …

Ahead of this week’s special legislative session in Florida, the AM Best financial rating firm predicts that “without immediate and substantive long-term legislative reforms,” further insurer insolvencies are on the near-term horizon. “The outcome of the special legislative session could …

The UK set out a package of financial services reforms that cuts across dozens of areas but fell short of the “Big Bang” that politicians were promising earlier this year and is unlikely to deliver the dramatic reshaping that some …

Lloyd’s Elects Aon’s Dudley as Council Member, Succeeding Christian Lloyd’s of London, the commercial insurance and reinsurance marketplace, has elected Richard Dudley to the Council of Lloyd’s, succeeding Dominic Christian, who will be stepping down on Jan. 31, 2023 after …

Property/casualty insurer Chubb announced it will launch a new technology services center in Thessaloniki, Greece, in early 2023, aiming to deliver innovative technologies that enhance the customer experience, increase efficiency and accelerate the company’s digital transformation. Technical engineers and developers …

Australian employers are failing to narrow the pay gap between men and women, with finance firms among the worst offenders. Females earned 22.8% less than males, the first time that progress has stalled since the government Workplace Gender Equality Agency …

Hong Kong billionaire Richard Li is weighing investing about $200 million in his insurance company FWD Group Holdings Ltd. as part of a funding round, people familiar with the matter said. An investment would help support the insurer’s growth plans …

A backlog of tankers waiting to haul oil through Turkey’s vital shipping straits appeared to start clearing, offering hope that authorities in Ankara have resolved a spat with the insurance industry that arose following sanctions on Russia. A port agent …

Juul Labs Inc. has agreed to pay $1.2 billion to resolve about 10,000 lawsuits targeting the e-cigarette maker as a major cause of a US youth-vaping epidemic, according to people familiar with the matter. The accord, which hasn’t yet been …

Actuarial research released last week suggests that marijuana decriminalization is not associated with a notable increase in traffic accidents or accident severity. Temporal patterns of human activity (such as yearly, weekly and daily cycles) and inclement weather are much better …