Sophia Langley

Surplus lines insurance in 15 key U.S. states saw a strong finish in 2025, with premium volume hitting $90.3 billion, according to the latest report from the Washington Surplus Lines Association (WSIA). This marks a nearly 8% jump from the previous year’s $83.8 billion and shows a notable increase in the number of policies written, … Read more

California’s FAIR Plan, an insurer of last resort, has seen a huge jump in its policies in recent years, sparking concerns among insurance trade groups and lawmakers. The plan now covers over 668,000 policies with an exposure value around $724 billion, according to Victoria Roach, the president of the FAIR Plan. These figures were shared … Read more

The US healthcare insurance market is feeling the squeeze again as prices go up and options shrink. Brett Pollak, senior managing director at Foundation Risk Partners, says the current situation looks a lot like what happened in the early 2000s. Providers are facing higher costs and fewer choices, making it tougher for them to find … Read more

Mike Gulla, CEO of Adaptive Insurance, recently shared his thoughts on how insurance brokers and carriers can better support each other to improve their work together. In a recent interview on Insurance Business TV, Gulla discussed ways the two groups can collaborate more effectively, especially within the Excess & Surplus (E&S) market, which continues to … Read more

In a move that reflects steady growth and a clear vision for the future, Ames & Gough has announced a key leadership change. Matthew B. Gough, who has been with the Washington, DC-based specialty insurance brokerage since 2001, has stepped into the role of chief executive officer. This shift, effective as of January 2026, comes … Read more

A federal judge in Manhattan has dismissed the federal murder charge against Luigi Mangione in the killing of UnitedHealthcare CEO Brian Thompson. This ruling removes the possibility that Mangione could face the death penalty in this case. The decision came down on a Friday from US District Judge Margaret Garnett. She explained that Supreme Court … Read more

Venture capital firms are facing a new challenge in the world of directors and officers (D&O) insurance. Once seen as low-risk, these firms now find themselves dealing with more claims and rising legal expenses. This change is linked to the roles venture partners play on portfolio company boards, financial troubles within startups, and the broad … Read more

Per- and polyfluoroalkyl substances, or PFAS, known as "forever chemicals," continue to spark concern in the environmental insurance world. Though insurers are getting more comfortable with the risks, PFAS still creates challenges in coverage and claims. Jared Dubrowsky, executive vice president of environmental at Howden US, explained that while PFAS used to be a little-known … Read more

Online life insurance company Ethos began trading publicly on Thursday at its $19 offering price. However, its shares quickly dropped about 15% in early trading. The decline lessened by midafternoon but still left the stock well below its initial price. The company’s roughly $200 million fundraising values Ethos at about $1.2 billion. Still, investors seem … Read more

Insurance Business is now accepting entries for its fifth annual Fast Brokerages list, spotlighting insurance brokerages across the US that have seen remarkable growth in the past year. The initiative aims to recognize firms that are expanding quickly and making a significant impact in the market. Brokerages interested in participating need to complete an entry … Read more