Sophia Langley

Fairfax Financial reported a strong third quarter in 2025, with net earnings reaching $1.15 billion. This marks an improvement from $1.03 billion during the same period last year. The company’s success builds on a solid second quarter, when it posted $1.44 billion in net earnings. The company’s book value per basic share increased significantly, rising … Read more

The Idaho Department of Insurance has taken action against three health insurers over claims they limited access to Medicare Advantage applications. PacificSource Community Health Plans, UnitedHealthcare of the Rockies, and Care Improvement Plus South-Central Insurance Co. received cease-and-desist orders after an investigation found they were restricting both online and paper applications for these plans. The … Read more

New construction techniques like mass timber, modular manufacturing, and robotics are becoming more popular because they save money and cut down on labor. But these new methods are also creating problems for insurers and developers. They face fewer insurance options, higher costs, and tighter limits when choosing coverage. Kris Bauer, Senior Vice President of Construction … Read more

Diauntae Morrow, the agency principal at The Morrow Group & Co, recently shared his thoughts on the changing insurance industry in a new interview. Speaking as part of the Executive Insights series in collaboration with the National Association of African Americans in Insurance and Financial Services (NAAIA), Morrow talked about how he’s bringing fresh energy … Read more

Global shipping and logistics are facing steady challenges, and the insurance market is feeling the squeeze. Peter Herman, president of Insurance Marketing Agencies, says the strain on supply chains is here to stay. Costs for shipping and imports are up, and while it’s not as chaotic as during the height of the COVID pandemic, some … Read more

Insurers are losing more court cases not because claims are too complicated, but because they aren’t ready to back up their decisions, says Larry Seal, a veteran insurance professional and principal at West Florida Insurance Managers. Seal explains that if a company wants to deny a claim, it must have solid reasons to do so. … Read more

After nearly 40 years in Congress, Representative Nancy Pelosi has announced she will not run for re-election in 2026. The 85-year-old made the decision public in a video message to her California constituents, stating she will complete her current term but step away from future races. This marks the end of one of the most … Read more

A jury in Virginia has awarded $10 million to Abby Zwerner, a former first-grade teacher who was shot by her 6-year-old student at Richneck Elementary School in Newport News in 2023. The jury found that Ebony Parker, the school’s former assistant principal, was grossly negligent for not acting on several warnings that the boy might … Read more

Two Florida property insurers, Kin Interinsurance Network and Slide Insurance Co., have each been fined $250,000 by state regulators. The fines came after investigations found the companies did not follow proper claims-handling procedures after Hurricanes Ian and Idalia. This marks the latest move by Florida’s Office of Insurance Regulation (OIR) to hold insurers accountable in … Read more

James Thom, the chief product officer at Vertafore, recently shared insights on how his company is using artificial intelligence to change the way insurance works. Vertafore, a top global provider of insurance technology and software, is focusing on meeting new customer expectations by adopting AI in its services. In a recent interview with Insurance Business … Read more