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People Moves: Ryan Specialty Appoints Ryan to Board of Directors as Devers Retires

Ryan Specialty Holdings, Inc., headquartered in Chicago, Ill., appointed Pat Ryan, Jr. to its board of directors following the retirement of William J. Devers. Ryan founded two high-growth software as a service (SaaS) companies and cofounded early-stage venture capital firm …

People Moves: Mansfield Joins Alliant in Louisiana; Gleason Joins IMA Financial Group

Alliant Adds Mansfield to Louisiana Team Alliant Insurance Services, headquartered in Irvine, Calif., hired Buzz Mansfield as senior vice president within its Alliant Americas division. Based in Lafayette, La., Mansfield joins Alliant with more than 30 years of experience in …

Alabama Wind Mitigation Grant Application Process Opens for Q1

The application process for another round of Alabama home-fortification grants opened Wednesday, Jan. 3, offering up to $10,000 for homeowners who retrofit their homes to make them more wind resistant. The grants, evaluated on a quarterly basis, will pay 100% …

Alliant Acquires PBC Employee Benefits Division in Oregon

Alliant Insurance Services acquired the employee benefits division of Eugene, Oregon-based PBC Insurance. The PBC employee benefits team will join Alliant and continue serving clients from its Eugene headquarters. PBC also offers property/casualty, life, and financial services, which are not …

Maui Needs Tourists. Can They Visit Without Compounding Wildfire Trauma?

The restaurant where Katie Austin was a server burned in the wildfire that devastated Hawaii`s historic town of Lahaina this summer. Two months later, as travelers began to trickle back to nearby beach resorts, she went to work at a …

A Return to Balance: Brokers Say Reinsurance Renewals Were ‘Stable’

This year’s January reinsurance renewals were described by brokers as “stable,” “predictable,” “orderly,” “calmer,” “disciplined,” with “increased appetites” and a return to supply/demand balance. What a difference in tone from last year’s grueling January renewals. “In a marked change on …

States and Congress Wrestle With Cybersecurity at Water Utilities

The tiny Aliquippa water authority in western Pennsylvania was perhaps the least-suspecting victim of an international cyberattack. It had never had outside help in protecting its systems from a cyberattack, either at its existing plant that dates to the 1930s …

Judge Blocks Alabama Cannabis Licenses Amid Dispute Over Selection Process

MONTGOMERY, Ala. (AP) — A judge temporarily blocked Alabama from issuing licenses to medical marijuana dispensaries amid an ongoing legal battle over how the state selected the winning companies. Montgomery Circuit Judge James Anderson issued a temporary restraining order late …

Travelers Completes Acquisition of Corvus Insurance

The Travelers Cos. completed its previously announced acquisition of Corvus Insurance Holdings Inc., a cyber insurance managing general underwriter. The $435 million acquisition was first announced in November 2023, which Travelers said would boost its middle-market excess and surplus lines …

New York Fund for Injured Black Car Drivers Wins Surcharge Fight

The New York workers’ compensation fund for black car drivers was within its authority to impose a 2.5% surcharge on noncash tips that passengers paid to drivers, a three-justice panel of the Second Circuit Court of Appeals unanimously ruled on …

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