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Brown & Brown to Acquire Risk Strategies, One80 Parent for $9.8 Billion

Insurance Journal

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 Brown & Brown Inc. Daytona Beach, Florida-based Brown & Brown will …

Risk 253
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Reputation Risk Can Overshadow Ransom in Cyberattacks, Aon Says

Insurance Journal

Reputational costs and dipping stock values can be a significant portion of losses, according to the new Aon Global 2025 Cyber Risk Report. Reputation risk … The cost of a cyberattack extends far beyond any immediate mitigation expenses or ransoms paid.

Risk 289
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UNLV Launches Bachelor’s Degree in Insurance And Risk Management

Insurance Journal

When school begins at the University of Nevada, Las Vegas, students will have a chance to undertake a bachelor’s degree program in insurance and risk management. The school got the new program approved this month. The first cohort of 35 …

Risk 257
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Ryan Transactional Risk Launches Environmental Practice Product

Insurance Journal

Ryan Transactional Risk announced the launch of a new product that will specialize in insuring the risk of cost overruns for environmental remediations and clean-ups. Ryan Transactional Risk Enviro is providing Environmental Remediation Cost Overrun insurance for corporate transactions and …

Risk 218
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Take the Hassle Out of Claims Management

Adjusters can evaluate claim validity, estimate settlement amounts, and identify potential litigation risks. Trellis' extensive State Trial Court Data can be leveraged to identify opposing/outside counsel and top mediators for insurance matters, evaluate the risk of new claims by viewing similar claim litigation history, and more.

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UK’s Extremely Dry Start to Year Raises Crop and Wildfire Risks

Insurance Journal

The UK’s driest start to the year in four decades is threatening the country’s grain crops and increasing the risk of wildfires. Total precipitation of about 20.5 centimeters (8.1 inches) during the first quarter was the lowest since 1985, according …

Risk 232
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Ryan Specialty Completes Buy of Velocity Risk Underwriters

Insurance Journal

Specialty insurance provider Ryan Specialty reported it has completed the acquisition of Velocity Risk Underwriters, LLC from funds managed by Oaktree Capital Management, L.P. Based in Nashville, Tennessee, Velocity is a managing general underwriter (MGU) providing first-party insurance coverage for …