Sophia Langley

Jewelers Mutual Group has taken a new step by acquiring EventGuard, a part of the insurance agency Indemn that offers event and wedding insurance. This move broadens Jewelers Mutual’s reach beyond jewelry insurance into event coverage. The new program will be managed by JM Insurance Agency Partners in collaboration with Markel Group Inc., a carrier … Read more

A new bill introduced in the Florida House of Representatives aims to put limits on how third-party litigation financing works and to bring more transparency to these deals. House Bill 1157, brought forward by Republican Representative Fabian Basabe from District 106, seeks to regulate agreements where outside investors fund lawsuits in exchange for a cut … Read more

Hospitality Insurance Group is starting the search for a new president and CEO as Richard Welch Jr. prepares to retire this year. Welch has been at the company’s helm since 2018 and is stepping down after leading the insurer through several important changes. With more than 40 years in the insurance world, Welch brought a … Read more

Two important federal actions are changing the way the U.S. cannabis industry is seen and managed. In late 2025, former President Donald Trump signed an executive order pushing to move cannabis from a Schedule I to a Schedule III substance. Around the same time, Congress tightened the rules for hemp, setting a lower limit on … Read more

Cyber insurance is changing fast as cybercrime becomes more serious and tricky. Buyers now want more than just protection for losses after something bad happens. They want help to stop attacks before they happen, keep up with new threats, and include cyber risks in bigger business decisions. Tim Burke, who leads cyber insurance at IMA … Read more

Frontline Fabrics, a Pennsylvania-based maker of flame-resistant products, says hackers stole about $1.4 million from its accounts through a vendor-payment scam. The company has now taken legal action, suing its insurer, two banks, a vendor, and unidentified hackers over the loss. The case, filed in late December 2025 in the U.S. District Court for the … Read more

As carbon capture and storage (CCS) technology expands beyond pilot phases into bigger commercial projects, the insurance world is facing new challenges. These projects come with a unique mix of risks — from construction and operations to environmental, financial, and regulatory issues — that traditional insurance plans just can’t fully cover. Companies that depend on … Read more

Scottsdale Insurance has been ordered by a New York appeals court to keep defending New York City in a negligence lawsuit and to cover the city’s legal fees. This comes after the insurer tried to back out of its coverage responsibilities nearly three years into the case. The dispute revolves around a contractor who needed … Read more

Matt Honea, Acrisure’s construction director for the western United States, is witnessing significant shifts in the construction insurance market across 14 states, including high-risk areas like California, Arizona, and Washington. According to Honea, rising auto insurance rates, wildfire damage, and an increase in construction defect lawsuits are making coverage more difficult and costly to secure. … Read more

Cyber threats like ransomware and data breaches continue to pose serious challenges for businesses across the US. To help manage these risks, several major insurance companies offer cyber coverage. A recent report has highlighted the top 10 cyber insurance providers in the country based on their market share and Direct Written Premiums (DWP) as of … Read more