Sophia Langley

A Florida Senate committee has given the green light to a new bill aimed at changing how commercial property insurance is handled in the state. The bill, known as Senate Bill 1028, would set up a system for surplus lines insurers to take over certain commercial policies from Citizens Property Insurance Corp., Florida’s insurer of … Read more

In a recent discussion on Insurance Business TV, Aspen’s Rebecca Gitig highlighted a big shift in how the insurance industry faces catastrophic events. What used to happen once every ten years now seems to occur almost every year. This change is pushing the insurance sector to rethink how it prepares and responds—not only for property … Read more

Brokerage stocks took a sharp hit this week after OpenAI unveiled a major announcement about artificial intelligence. But experts say the market reaction is less about immediate risks to revenue and more about long-term questions of who will control how insurance reaches customers. Trevor Jones, a partner at West Monroe specializing in insurance, thinks investors … Read more

A Colorado appeals court has ordered Esurance to pay $35,600 in penalties for failing to provide an auto insurance policy within the state’s required 30-day deadline. The case centers on a policy that, while ultimately not covering the accident, was still considered potentially relevant under Colorado’s insurance disclosure law. The incident began on the morning … Read more

Insurance professionals are facing tougher challenges as legal, social, and economic pressures come together in new ways. Stefanie David, chief claims officer for reinsurance at Munich Reinsurance America, highlighted 2025 as a demanding year for managing risks carefully. One major concern is the misuse of the legal system, which is driving up claims costs. David … Read more

Doug Wordekemper from AXIS recently shared some practical tips on how insurance carriers and brokers can work better together. Speaking on Insurance Business TV, he focused on closing protection gaps and improving the way brokers interact with carriers and underwriters. Wordekemper emphasized that stronger collaboration between carriers and brokers can help bridge coverage gaps that … Read more

Globe Life reported its earnings for the fourth quarter and full year of 2025, showing growth in income and sales despite some challenges. The McKinney, Texas-based insurer posted a net income of $3.29 per diluted share in the last quarter, up from $3.01 per share a year earlier. However, this result fell a bit short … Read more

Two insurance companies are now at odds after a coverage dispute led one to take the other to court over who should pay legal costs. The Cincinnati Specialty Underwriters Insurance Company filed a lawsuit against Southwest Marine and General Insurance Company on February 4, 2026. Cincinnati claims Southwest wrongly refused to defend a property owner … Read more

American Financial Group, a Cincinnati-based insurer, reported a standout performance in the last quarter of 2025, posting record underwriting profits. The company earned $299 million, or $3.58 per share, beating the previous year’s $255 million, or $3.03 per share, for the same period. Core net operating earnings also saw a boost, reaching $305 million, or … Read more

Kemper Corporation faced a tough end to 2025, reporting a net loss of $8 million for the fourth quarter. The Chicago-based insurer missed expectations by a large margin, as it struggled with higher claim costs and changes in leadership. The loss translated to 13 cents per share, contrasting sharply with analysts’ hopes for a profit. … Read more