Sophia Langley

Personal insurance litigation in Florida has seen a significant drop, falling nearly 25% in the first half of 2025 compared to the same period last year. This decline is attributed to recent legal reforms, according to the Florida Office of Insurance Regulation (OIR). The trend of decreasing litigation rates is not new. From 2023 to … Read more

The California Department of Insurance (CDI) has taken action against a Florida-based company, Innovative Partners LP, for allegedly selling health insurance plans without proper authorization. The CDI issued a cease-and-desist order, claiming the company marketed and sold what it called “phony” single-employer health plans while operating without a license in California. Innovative Partners reportedly grew … Read more

Several insurance companies and brokerages are shaking things up with new leadership appointments. These changes are aimed at enhancing their strategic, underwriting, and advisory strengths. Alliant Insurance Services has made two significant appointments. Andy Oldenburg and Betty Wehmann have both stepped into senior vice president roles within the Alliant Americas and Employee Benefits Group divisions. … Read more

Independent insurance agencies in the U.S. have shown resilience in the face of challenging market conditions, maintaining a strong presence in key insurance sectors. According to the Big “I” 2025 Market Share Report, these agencies accounted for 61.5% of property and casualty (P&C) premiums in 2024, slightly down from 62.2% in 2023. Despite this small … Read more

Allstate Corp. reported its estimated pretax catastrophe losses for the second quarter of 2025 at $1.99 billion. This is a slight decline from $2.12 billion during the same period last year. The company shared this information in a recent statement, highlighting the impact of severe weather events on its financial performance. In June alone, Allstate … Read more

Drone technology is changing the landscape of aviation insurance, creating new challenges and opportunities. This shift is particularly significant for managing general agents (MGAs), program administrators, and specialty brokers. While the ongoing pilot shortage is a concern, experts believe it is manageable. William Tabbert, co-head of Starfish Specialty Insurance Services, pointed out that drones are … Read more

US manufacturers are facing significant changes as they adapt to new challenges. A recent study by Nationwide highlights three main issues: labor shortages, changes in supply chains due to tariffs, and rapid advancements in automation and artificial intelligence. These factors are reshaping how companies operate. Despite these challenges, many manufacturers remain hopeful. The study found … Read more

In the competitive world of insurance, standing out is crucial for brokers. A recent guide highlights some of the most effective marketing campaigns in the industry, showcasing how companies have creatively connected with customers and boosted their brand recognition. The guide, authored by Ramon Berenguer, was released on July 18, 2025. It emphasizes the need … Read more

A recent report from Insurance Business sheds light on the financial health of the top U.S. insurance companies. The 2024 IB+ Annual Financial Insights, released on July 17, 2025, analyzes the performance of 86 public insurance providers from 2021 to 2024. This report highlights key differences between the leading firms and their lower-ranked counterparts, especially … Read more

Construction risk management is undergoing significant changes as traditional methods struggle to keep up with modern demands. Rachel Dobbs, a client executive at Hylant, noted that construction projects are becoming more intricate, involving a larger number of stakeholders and higher stakes. This shift is leading to new ways of handling risk, with joint ventures and … Read more