Sophia Langley

The private aviation insurance market is shifting again, moving back toward softer conditions after years of tough pricing and tight underwriting. This change is mainly due to more insurance companies entering the market, which has increased competition and pushed premiums down. However, challenges remain as the cost of claims keeps rising. Jason Riley, managing partner … Read more

Starr has finalized its purchase of IQUW Group, creating a bigger specialty reinsurance and insurance business with operations in London, Bermuda, and the UK motor market. This merger expands Starr’s reach and builds on its position at Lloyd’s of London, where the newly combined entity becomes the ninth-largest managing agent. The deal brings together both … Read more

Oakbridge Insurance is set for some big changes in its leadership team starting July 1, 2026. Robbie Smith, who currently holds the roles of president and CEO, will step into a new position as executive chairman. At the same time, Matt James, now the chief financial officer and chief acquisition officer, will take over as … Read more

Managing general agents, or MGAs, are changing the insurance world fast. Brian Cohen, the president of TMPAA, joined a recent IB Talk podcast to share his thoughts on where the program market is today and what lies ahead for brokers. He pointed out that growth in MGAs is driven by speed, focus, and smart use … Read more

A California insurance brokerage owned by Gallagher has filed a lawsuit accusing a rival firm, The Liberty Company Insurance Brokers, of stealing employees, clients, and confidential data. The lawsuit was filed on March 17 in the U.S. District Court for the Central District of California by AssuredPartners of California Insurance Services. The suit names five … Read more

A shipment of bronze ingots meant to travel from Los Angeles to McAllen, Texas, disappeared after a freight forwarder reportedly handed over the job to a fake carrier. Now, Zurich American Insurance Company is suing the freight forwarding company, TForce Worldwide, Inc., to recover its payout. The lawsuit, filed on March 18, 2026, in the … Read more

Cargo theft in North America is becoming more high-tech and costly, with losses hitting an estimated $6.6 billion in 2025, according to a new report from Geotab. The way criminals steal cargo is changing. They’re no longer relying on just quick smash-and-grab raids. Instead, they’re using cyber tricks like GPS spoofing, stolen passwords, and AI-driven … Read more

The Tennessee Department of Commerce & Insurance (TDCI) reported another year of strong growth in the state’s captive insurance market, making 2025 the sixth straight year of expansion. This steady increase reinforces Tennessee’s role as a popular choice for businesses looking for alternative ways to manage risk. In 2025, Tennessee added five new captive insurance … Read more

The rising conflict involving Iran is putting fresh pressure on the global aviation insurance market. This is impacting everything from policy pricing to how risks are assessed, especially in busy travel hubs like Singapore. As tensions grow, aviation insurers are feeling the strain both from immediate flight disruptions and longer-term challenges in war-related coverage. One … Read more

Property and casualty insurers in North America that have invested in advanced analytics and artificial intelligence have seen better profits and faster growth compared to those that haven’t, according to a recent survey by global advisory firm WTW. The report highlights how embracing these technologies is starting to pay off in meaningful ways. WTW’s 2026 … Read more