Old Republic International Launches New Environmental Insurance Subsidiary

Old Republic Forms New Environmental Insurance Company

On September 29, 2025, Old Republic International Corporation (NYSE: ORI) made a significant announcement regarding the establishment of a new underwriting subsidiary called Old Republic Environmental, Inc. This new entity is set to provide tailored environmental insurance products designed to meet the diverse needs of businesses of all sizes and complexities.

Old Republic Environmental aims to fill the increasing demand for environmental liability solutions, delivering both primary and excess liability insurance options. The insurance offerings will be distributed through a strategic network of carefully selected wholesale and retail brokers, ensuring that clients are provided with specialized coverage options as well as expert consultation to navigate the complexities of environmental risks.

George Holderied, a seasoned professional with 22 years of experience in environmental underwriting—most recently at AIG—will lead the new subsidiary as President. Mr. Holderied graduated from Rutgers University and brings a wealth of knowledge in environmental science and underwriting leadership to the role.

Craig R. Smiddy, President and Chief Executive Officer of Old Republic, expressed his enthusiasm about the launch. He commented, “Environmental insurance is a specialty product that aligns with our strategy and focus on underwriting excellence. With George's extensive expertise and our strong brand reputation, we are poised to grow in another specialty insurance segment.” This move highlights Old Republic's commitment to develop comprehensive solutions in environmental insurance, contributing to the company's portfolio, which includes seven newly launched specialty companies over the past eight years.

Old Republic International Corporation has been a leader in the specialty insurance market since its inception in 1923. As a member of the Fortune 500, it operates a diverse set of property and casualty, along with title insurance businesses. The firm is well-regarded for its underwriting and risk management services that meet the unique needs of various business partners across the United States and Canada. Its specialized companies are dedicated to innovation and excellence in their respective fields, making Old Republic a name synonymous with quality insurance solutions.

By launching Old Republic Environmental, the corporation aims to deepen its market presence while providing valuable insurance products for businesses facing environmental liabilities. As many industries contend with the evolving landscape of environmental regulation and risk management, this new subsidiary is positioned to address those challenges effectively.

For more detailed information about Old Republic and its range of insurance solutions, interested parties can visit the company's website at www.oldrepublic.com. This venture not only signifies Old Republic’s intention to diversify its offerings but also marks a critical step toward addressing increasing environmental challenges faced by businesses today.