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Ryan Specialty Reaches Agreement to Acquire J.M. Wilson
Ryan Specialty Reaches Agreement to Acquire J.M. Wilson

Yahoo

time5 days ago

  • Business
  • Yahoo

Ryan Specialty Reaches Agreement to Acquire J.M. Wilson

Ryan Specialty Holdings, Inc. (NYSE:RYAN) announced that it has entered into a definitive agreement to acquire J.M. Wilson Corporation. Headquartered in Michigan, JM Wilson will be integrated into RT Binding Authority, Ryan Specialty's division focused on binding authority solutions. JM Wilson, established in 1920, operates out of six offices across the US and offers a wide range of insurance products, from personal lines to surety. The firm is especially recognized for its strong expertise in transportation insurance, a complex segment where it has built a reputation for underwriting profitability and maintaining long-term partnerships with top-tier carriers. Commenting on this acquisition, Ed McCormack, CEO of RT Specialty, made the following comment: 'JM Wilson is very well respected in the industry, with its strong underwriting track record and client-focused approach. We are delighted to be able to add such high-quality talent to our organization. This team fills a critical need for RT Specialty, giving us a more robust Midwest binding authority presence and strengthening our transportation practice.' Ryan Specialty Holdings, Inc. (NYSE:RYAN) offers specialized products and services to insurance brokers, agents, and carriers. The company operates as both a wholesale broker and a managing underwriter with delegated authority, delivering solutions that include distribution, underwriting, product development, administration, and risk management. While we acknowledge the potential of RYAN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None.

30 years ago today, a destructive tornado tore through a small Massachusetts town
30 years ago today, a destructive tornado tore through a small Massachusetts town

Boston Globe

time29-05-2025

  • Climate
  • Boston Globe

30 years ago today, a destructive tornado tore through a small Massachusetts town

Advertisement There wasn't much left of the Great Barrington Fairgrounds after a tornado struck the night of May 29, 1995. RYAN, DAVID STAFF PHOTO The sheer force of the Great Barrington tornado toppled tall trees like matchsticks on May 29, 1995. RYAN, DAVID STAFF PHOTO It was the strongest tornado that the state of Massachusetts had seen since the June 9, 1953, twister that struck Worcester. During that evening of May 29, 1995, which was the observed Memorial Day that year, a cluster of severe thunderstorms had pushed into Berkshire County and triggered a tornado warning from the National Weather Service office out of Albany, N.Y. At first, the supercell that spawned the Greater Barrington tornado actually had produced a prior tornado in Eastern New York, an F2 that traversed 15 miles. As the storms pushed over the Massachusetts state line, huge amounts of moisture and wind shear from neighboring storms helped the supercell restrengthen, spawning the larger, deadly tornado. Advertisement Numerous vehicles and buildings were impaled by flying debris from trees, fences, and other timber. Multiple buildings lost their roofs or flat-out collapsed, including the local fairground, a supermarket, and a gas station. Bud Rodgers takes a breather after helping to clear trees from the yard of his neighbor, who, along with his family, escaped injury when their roof collapsed during the Great Barrington tornado of 1995. CHIN, BARRY GLOBE STAFF PHOTO Radar imagery on the evening of May 29, 1995, shows a supercell (deep red) pushing through Great Barrington. NWS The tornado was designated as F4 strength under the original Fujita scale, which had a strict and only wind threshold to measure tornado strength. An Enhanced Fujita Scale was implemented in 2007, taking into account damages to building structures and wind and there's a good chance that the Great Barrington twister would have been deemed an EF5 tornado by today's standards. The Enhanced Fujita Scale takes into account wind speed as well as building damage. The wind speed threshold is also lower than the original Fujita scale. NOAA Tornadoes form within supercell thunderstorms with wind shear, a change in direction and speed of wind as you move higher into the atmosphere. Ample moisture will make the air light enough and be lifted vertically, which can create a rotating column of air or tornado. Changes in directional wind shear as air rises vertically into the atmosphere will initiate rotation. Boston Globe Strong updrafts will tilt the tube of rotating air upright, forming into a tornado. Boston Globe Ken Mahan can be reached at

April can spring some weather surprises on New England, but mainly it's equal showers and warmer days
April can spring some weather surprises on New England, but mainly it's equal showers and warmer days

Boston Globe

time01-04-2025

  • Climate
  • Boston Globe

April can spring some weather surprises on New England, but mainly it's equal showers and warmer days

The official forecast from NOAA this year calls for equal chances of above or below-average temperatures and precipitation. Often when we sit in the middle like that, we typically end up with an average month. In other words, not excessively wet or dry and not too cold or warm. This doesn't mean we couldn't see a few days of any of that type of weather; it's just that the odds favor a less extreme April. The forecast calls for equal chances of above or below-average temperatures for April. Boston Globe Advertisement April may bring average precipitation across New England with more rain across the middle part of the country. Boston Globe One thing that is consistent in April is the inconsistency. During this spring month, we have seen temperatures as hot as the mid-90s - as recently as 2009, it reached 93 degrees on April 28. And there's the famous 94-degree reading in 1976 that hit just before the Boston Marathon that year. On the opposite spectrum, Boston experienced a cold 16 degrees during the second biggest April snowstorm back in 1982, and in 2016, it reached 22 degrees on April 4. The years 1999 and 2001 saw just under nine-tenths of an inch of precipitation for the entire month, while 2004 had over 9½ inches for an abundance of April showers. Advertisement Snow in April? Of course, there has been snow in April: Most famously, the Since then, there have been Aprils with some snow, but with the warming climate, snow in April is becoming less and less likely. Although, it's not out of the question. Kids sled down Garden Street in Beacon Hill after the April Fool's Blizzard of 1997. RYAN, David L. GLOBE STAFF Glorious daylight We gain an hour and 15 minutes of Once we get past the threat of a hard freeze, if you move your house plants outside, it's a good idea to put them in the morning sun for a few days before exposing them to the strengthening ultraviolet rays. If you're looking to get some color in the ground during April, there are hardy annuals that you can plant. Pansies, of course, are one of the ubiquitous flowers this time of year. Alyssum, violas, and snapdragons can also handle the chill of spring. Advertisement Thoughts turn to flowers and gardening with the arrival of April. Dave Epstein The

Ryan Specialty price target raised to $92 from $89 at BofA
Ryan Specialty price target raised to $92 from $89 at BofA

Yahoo

time24-02-2025

  • Business
  • Yahoo

Ryan Specialty price target raised to $92 from $89 at BofA

BofA raised the firm's price target on Ryan Specialty (RYAN) to $92 from $89 and keeps a Buy rating on the shares. Incorporating Q4 results into the firm's model, BofA's forward EPS projections decline from higher expense projections in 2025, but expansion in S&P 500 P/E multiple more than offsets the decline in EPS projections, driving the firm's raised price target the analyst tells investors. See what stocks are receiving strong buy ratings from top-rated analysts. Filter, analyze, and streamline your search for investment opportunities with TipRanks' Stock Screener. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on RYAN: Ryan Specialty price target lowered to $76 from $77 at Keefe Bruyette Buy Recommendation for Ryan Specialty Group Amid Strong Financial Performance and Growth Prospects Strong Financial Performance and Strategic Investments Propel Ryan Specialty Group to 'Buy' Rating Ryan Specialty Reports Strong Q4 2024 Growth Ryan Specialty reports Q4 adjusted EPS 45c, consensus 45c

Born in Maine, trained in climate chaos
Born in Maine, trained in climate chaos

Boston Globe

time29-01-2025

  • Climate
  • Boston Globe

Born in Maine, trained in climate chaos

Much of the reason for the extreme fluctuations we experience is due to geography. In Massachusetts, we have areas close to the ocean, others that are farther away, places with deep valleys, and cities like Worcester Advertisement Spring Uniformly, it is likely more people anticipate spring than any other season. My guess is it also disappoints the most as well. Meteorologically, spring arrives March 1, and astronomically, it gets here three weeks later. If your idea of spring is sunshine with temperatures in the 60s, you're going to be really disappointed living around here. Ocean temperatures are near their minimums in March, and that cold pool of Atlantic water influences our Lenten season. To embrace spring is to notice the light increasing, surpassing 12 hours in the middle of March and nearing 15 by the end of May. March can bring snow and cold, but it can also usher in unusual heat. Keep the winter tools close at hand, and don't be ruffled if you're shoveling one day, cursing the weather gods, and heading to the beach the next. Advertisement People were sledding in Beacon Hill after a blizzard pummeled the area on April 1 in 1997. It had been sunny and in the 60s the day before. RYAN, David L. GLOBE STAFF Spring can also bring longer bouts of drizzle, clouds, and raw temperatures, which feel like you can't even warm up. In this type of weather, the crocuses last a little longer, the daffodils shine with small droplets of moisture, and the birds are singing up a storm, from an early March crescendo into a cacophony of music throughout May. Sea breezes are a hallmark of this part of the country. From Gloucester through Lynn into the city of Boston, south to Scituate and Marshfield, and onto Cape Cod, temperatures can struggle out of the 50s on an April day, while inland areas along Interstate 128 westward to Route 495 and to the southwest can enjoy temperatures in the 70s and even near 80 degrees. While you may curse the sea breeze in April, you'll rejoice for it in July. The Boston Marathon takes place on Patriots Day, and weather is big business for the race and can mean the difference between slogging in a sweat or dashing in dampness. Summer Over the past 30 years, our summers have continued to grow warmer. A season in which air conditioning was more of a luxury in the middle of the 20th century is now a necessity. Afternoon temperatures are routinely in the 80s or higher for much of July and August, but it's the nights that have really warmed up. The humidity can be oppressive, keeping midnight temperatures over 70 degrees and making it difficult to sleep. Advertisement The good news? The ocean remains chilly for the first half of summer but warms to comfortable swimming levels throughout July, warmth that can linger past Labor Day. QUINCY - Beach-goers flocked to Wollaston Beach during a heat wave last June. David L. Ryan/Globe Staff Whereas rainy days can be a staple of the spring, summer precipitation comes in the form of showers and scattered thunderstorms. As these make their way toward the Atlantic, they often fall apart quickly, with the stability of the Atlantic air eroding the moisture and lift so necessary in warm season precipitation. If you are a gardener, be prepared to get out the hoses, and in a wet summer, fungus will abound. Some of these thunderstorms can become quite severe, and while not common, a tornado or two spins up somewhere in the area in most years. Extreme heat can also be a part of summer, with the mercury reaching the century mark as it has done 27 times in Boston. The highest ever, 104 degrees, was set on July 4, 1911. Perhaps it's the reason why the saying 'as hot as the fourth of July' came about. That summer was a scoahchah , with four days of 100-degree weather in just over a week. The hottest corridor of Massachusetts stretches from the Merrimack Valley down to the southwest suburbs of Boston. This area runs north through Manchester and Concord in New Hampshire and then into the western part of Cumberland and York counties in Maine. The summer heat and humidity do eventually break — sometimes just for a couple of days — but by September the chances of heat and humidity start to diminish. Autumn F. Scott Fitzgerald may have been talking about New England when he wrote in 'The Great Gatsby' that, 'Life starts all over again when it gets crisp in the fall.' If you polled folks on what their favorite season is, I surmise that many would say autumn, with September leading the list. Advertisement SALEM - A nonnative bald cypress provided the last of fall foliage color at Greenlawn Cemetery in October 2023. Lane Turner/Globe Staff The ninth month means windows are open, there is less humidity, and shadows are longer; yet don't be surprised if you get a beach day, too. An early morning walk might require a light jacket, but shorts can be donned most afternoons. If you live on the coast, an ever-present eye to the tropics is warranted this time of year. Although the last hurricane to reach New England hit in late August, perhaps the most famous storm came on shore across Connecticut as a Category 3 on Sept. 21, 1938, dropping trees like matchsticks and flooding Narragansett Bay with a storm surge of 12 to 15 feet. The storm submerged downtown Providence with nearly 20 feet of water. Falmouth and New Bedford had about 8. Hurricanes are rare in this part of the world but should not be discounted, as we are long overdue. The second half of autumn turns colder, and by Halloween, there's already a slight risk of snow. Thanksgiving brings the start of 'stick season,' with more clouds and precipitation, mostly in the form of rain. There is a gloominess to the decreasing light and early sunsets, but November can also be beautiful, with the crunch of leaves underfoot and a crispness in the air, a warm fire, and the comfort of bulkier sweaters to hide the results of your holiday feasting. Winter It's perhaps the least-liked season, although it's one I love. Advertisement There's high variability, and it's the toughest one for forecasters. A slight wobble in a storm track can mean the difference between a major snowstorm and rain. Even a forecast of a plowable storm can result in just a few flurries. Stay tuned to the latest predictions, and expect them to change day to day and sometimes in just a few hours. Christmas is notoriously disappointing for folks wanting the ground to be white, with more than three-quarters of the years showing bare ground, not sleigh-ready surfaces for Santa. Daylight reaches its absolute minimum in the middle of December, although in a ray of hope for those suffering from seasonal affective disorder, the sunsets actually start getting a little bit later by the ninth of December. But the morning darkness continues to grow until early January. Bird feeders help to liven up the doldrums of winter. If it's cold enough, the ice can grow to multiple inches thick and allow for pond skating. Winter walks in the afternoon in late January and February can still be taken up to and even past 5 p.m. Just after Valentine's Day, you'll begin to hear the morning sounds of singing birds seeking out a mate with the hopeful promise of another spring. Send comments to .

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