Sophia Langley

This year has seen big changes in how businesses handle cyber risks. As artificial intelligence keeps improving rapidly, companies are finding new ways to work and facing tougher cyberattacks. A recent study by Beazley, involving 3,500 business leaders worldwide, shows that concern about cyber threats is growing. Nearly 30% of those surveyed said cyber risk … Read more

The cost to rebuild Baltimore’s Francis Scott Key Bridge has soared to as much as $5.2 billion, shaking up the insurance industry and highlighting new challenges for those covering major infrastructure projects. The original collapse occurred when the container ship Dali lost power and hit a support pier about 20 months ago. Initially, estimates for … Read more

Scott Polkinghorne from Augment Risk recently shared his thoughts on how the insurance market is becoming more specialized and what that means for businesses. In a new video interview, he explained that as the insurance world focuses more on niche areas, new chances to grow and succeed are opening up. Polkinghorne pointed out that specialization … Read more

Polish officials have launched a broad investigation after an explosive device damaged a key east–west railway line over the weekend. The incident has raised fresh worries about the stability of Europe’s logistics network amid the ongoing conflict in Ukraine. Authorities in Warsaw are treating the event as a deliberate attack aimed at disrupting a vital … Read more

David Richardson has stepped down as the acting head of the Federal Emergency Management Agency (FEMA) after only six months on the job. His sudden resignation comes amid growing frustration inside the agency and public criticism, with FEMA facing a critical moment in its role responding to disasters across the country. Richardson took over as … Read more

Westaim Corporation has reported a net loss of $11.7 million for the quarter ending September 30, 2025. This loss comes as the company focuses on shifting its resources toward new growth opportunities at Arena Investors and making key changes as part of a broader restructuring effort. The quarter saw $0.7 million in costs related to … Read more

Nearly 100,000 Florida homeowners have returned to the state’s private insurance market in the past two years. This includes the latest group of 7,087 policies that American Integrity Insurance Group took over from Citizens Property Insurance Corporation. These new policies bring in around $25.8 million in yearly premiums. This shift is part of Florida’s effort … Read more

Colorado Governor Jared Polis is pushing again to privatize Pinnacol Assurance, the state-affiliated workers’ compensation insurer, hoping to raise $400 million to help balance the state budget. This move reflects a trend among states to shift away from state-run insurance funds by mutualizing or privatizing them. In his recent budget letter to lawmakers, Polis explained … Read more

The National Flood Insurance Program (NFIP) has been extended through January 2026 following a continuing appropriations bill signed on November 12. This move comes after the program lapsed on October 1 due to lawmakers failing to agree on funding. The lapse caused a disruption for policyholders and delayed home sales that depend on flood insurance. … Read more

Starting at the end of 2028, New York will bring in a new way to check if drivers have car insurance. The State Senate recently approved a bill that requires all insurance companies offering motor vehicle policies to join an online system for real-time verification. This means the Department of Motor Vehicles and law enforcement … Read more