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10 06, 2025

Connecticut Crumbling Foundation Insurer Seeks $100 Million to Close

By | June 10th, 2025|Uncategorized|Comments Off on 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 …

10 06, 2025

Unison Risk Advisors Acquires Boutique Hatcher Insurance Agency in Orlando

By | June 10th, 2025|Uncategorized|Comments Off on 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 …

10 06, 2025

Financier Lex Greensill Decries ‘Code of Silence’ Around SoftBank Deals

By | June 10th, 2025|Uncategorized|Comments Off on 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 …

10 06, 2025

Fitch Warns of Rising Mortgage-Bond Risk Due to Extreme Weather

By | June 10th, 2025|Uncategorized|Comments Off on 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 …

10 06, 2025

USI Mid-Year Update: Ongoing Trends to Continue

By | June 10th, 2025|Uncategorized|Comments Off on 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, …

10 06, 2025

UK Judge Warns of Risk to Justice After Lawyers Cited Fake AI-Generated Court Cases

By | June 10th, 2025|Uncategorized|Comments Off on 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 …

10 06, 2025

New Push to Reframe DEI in London Shifts Away from Diversity

By | June 10th, 2025|Uncategorized|Comments Off on 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 …

9 06, 2025

Fire Damages 40 Buses at Philadelphia Transit Lot

By | June 9th, 2025|Uncategorized|Comments Off on Fire Damages 40 Buses at Philadelphia Transit Lot

A fast-moving fire erupted early Thursday at a transit bus lot in Philadelphia and burned dozens of decommissioned vehicles, sending a thick plume of black smoke into the sky but causing no injuries. The fire did not impact the morning …

9 06, 2025

Jury Awards California Prosecutor $3M After She Says She Was Forced From Position

By | June 9th, 2025|Uncategorized|Comments Off on Jury Awards California Prosecutor $3M After She Says She Was Forced From Position

A jury in California awarded more than $3 million in damages to a former Orange County prosecutor who alleged the county’s district attorney targeted her and forced her out of her position after she tried to protect women in the …

9 06, 2025

Companies Delay Impact Reports With DEI, ESG Under Attack

By | June 9th, 2025|Uncategorized|Comments Off on Companies Delay Impact Reports With DEI, ESG Under Attack

It was just over a year ago when Nike Inc.’s then-CEO, John Donahoe, trumpeted a flashy 90-second video, hyping a report about the company’s efforts to improve diversity and equality. The report, he said in a LinkedIn post, is “a …