Sophia Langley

Modern commercial insurance brokers are facing significant challenges in 2025, as they adapt to changing market conditions and rising client expectations. Cynthia Beveridge, the global chief broking officer at Aon Commercial Risk, shared insights on these issues in a recent conversation with Insurance Business. One of the main hurdles for brokers is the fluctuating market … Read more

Private equity firms are facing significant cybersecurity challenges, according to a recent whitepaper released by QBE North America. The document, titled “Private Equity Firms Enhancing Cyber Resilience of Portfolio Companies,” outlines the risks these firms and their investments encounter in today’s digital landscape. Dominic Keller, the global head of cyber services at QBE, shared insights … Read more

The grounding of the MSC Antonia near Eliza Shoals off the coast of Jeddah has raised serious concerns about the risks of cyber attacks in the maritime industry, particularly in the Middle East and North Africa (MENA). This incident has highlighted the increasing vulnerability of vessels to cyber threats, which can have real-world consequences. Experts … Read more

A New York appeals court recently ruled that Utica First Insurance Company is not responsible for defending or compensating Nino & Nino Corp. in a wrongful death lawsuit. This decision came after an incident in July 2019 where Granville Wiltshire, an employee at Door Restaurant Corp., died from injuries sustained while working in a leased … Read more

A recent ruling from the Delaware Superior Court has provided some clarity in a legal battle involving Medtronic Sofamor Danek USA, Inc. The case centers around a contract dispute related to over 100 lawsuits that arose from a recalled biologic product. While the court granted Medtronic a partial victory, it also left unresolved issues that … Read more

The Baldwin Group has unveiled its 2025 Directors & Officers (D&O) Benchmarking Report, shedding light on the latest trends in insurance for public companies. Released on May 30, 2025, this fourth edition of the report highlights a significant decline in D&O premium rates and retentions, while also revealing a growing disconnect between the levels of … Read more

A recent report from Insurity reveals that while many insurance companies are investing more in automation and self-service tools, only 15% of consumers want a completely digital experience without any human interaction. The findings come from Insurity’s 2025 Digital Experience Index, which highlights a growing preference for a digital-first approach that still allows customers to … Read more

The Insurance Information Institute (Triple-I) has released a new report that looks closely at the rise of attorney advertising and the growing influence of third-party litigation funding (TPLF) on legal trends and insurance. This report, published on May 30, 2025, highlights how these factors are leading to more lawsuits and longer settlement times. According to … Read more

As homelessness continues to rise in the United States, the lack of affordable housing is a major concern. While discussions often focus on funding and zoning, non-profit housing providers are facing another significant hurdle: soaring insurance costs and limited coverage options. Kristina Dorer, an assistant vice president at Woodruff Sawyer, has observed how the insurance … Read more

Florida’s personal property insurance market is starting to stabilize after years of turmoil, marked by rising premiums and insurer losses. Recent reports indicate that the market is seeing more competition and new players, which is a positive sign for consumers. In 2024, Florida’s property insurers achieved a collective underwriting profit of $206.7 million, a significant … Read more