Sophia Langley

New York is facing a growing insurance crisis that is putting a strain on foster care agencies across the state. Lawmakers recently introduced a bill aiming to create an assigned-risk insurance market and a $20 million fund to help voluntary foster care agencies deal with rising costs. This move comes as the sector struggles with … Read more

Allstate Corp. is pointing to Florida as a clear example of how changes in laws can lead to lower car insurance prices. The company’s CEO, Tom Wilson, discussed the impact of recent legal reforms during Allstate’s fourth-quarter earnings call, highlighting how cutting down on lawsuits helped bring down insurance costs for drivers in Florida. Wilson … Read more

A quieter corner of the insurance world has seen a surprising boost from former President Donald Trump’s trade policies, but a looming Supreme Court decision could shake things up. The case at hand questions whether the tariffs imposed under the International Emergency Economic Powers Act (IEEPA) were legal. The court’s ruling, expected by February 20, … Read more

The Arkansas Insurance Department (AID) has issued a bulletin to remind insurance companies about the yearly deadline for submitting pharmacy network adequacy data. Released on February 3, 2026, the bulletin clarifies the ongoing requirement for insurers using pharmacy benefit managers (PBMs) to report this information annually under state regulation 23 CAR part 146. Insurers must … Read more

Missouri’s Department of Commerce and Insurance (DCI) has issued a new reminder to insurance companies operating in the state. On February 4, the DCI released Insurance Bulletin 26-03, which outlines the required annual reporting that insurers must complete. The bulletin points companies to Appendix A and the department’s website for detailed guidelines, deadlines, and legal … Read more

Monarch E&S president Yiana Stavrakis says the key to making Excess and Surplus (E&S) insurance work in any market is transparency with clients. In a recent interview, she shared insights on how brokers can approach tough conversations and deliver difficult news while maintaining trust. Stavrakis stressed that honesty helps clients understand the challenges in the … Read more

Insurance Business America is now accepting nominations for Rising Stars 2026, a program that highlights young professionals making a real difference in the insurance industry. Whether you want to nominate yourself or a colleague, you have until Friday, March 6 to submit your entry by filling out an online form. A panel of independent experts … Read more

The market for specialty insurance claims is growing fast, especially in Asia, as economies expand and assets become more complicated. Claims involving aviation accidents, offshore energy issues, marine incidents, and complex engineering are happening more often, costing more, and crossing borders. At the same time, extreme weather is causing bigger losses to marine and energy … Read more

Yana Connors from CK Specialty Insurance recently shared her insights on what’s pushing the excess and surplus (E&S) insurance market forward. In a discussion on IBTV, she highlighted how new ideas and tools are making a real difference in this part of the insurance world. One of the big changes Connors pointed to is the … Read more

New research is shedding light on how Canadians are preparing – or struggling to prepare – for retirement. The study reveals that less than half of working-age Canadians have a pension through their employer, and many don’t even have a basic plan in place for their later years. Out of non-retired Canadians, only 48% have … Read more