Sophia Langley

Texas is facing significant challenges in its insurance sector after severe flooding hit Central Texas recently. The heavy rains caused widespread damage and raised urgent questions about the state’s preparedness for such weather events. Over the weekend, intense storms unleashed an unprecedented amount of rainfall, leading to catastrophic flooding. Insurers in Texas are now under … Read more

The sinking of the MSC ELSA 3, a Liberian-flagged container ship, off the southern coast of India has sparked a significant crisis. This incident has led to environmental damage, disrupted local economies, and complicated insurance issues. The Kerala state government is now seeking around ₹9,531 crore, or about $1.1 billion, from Mediterranean Shipping Company (MSC), … Read more

For farmers in the United States, crop insurance is a vital tool for financial security. It protects them from the risks posed by natural disasters and market fluctuations. This safety net is crucial when faced with challenges like floods, droughts, or sudden price changes. The largest crop insurance companies play a significant role in this … Read more

Louisiana is set to double key insurance fees starting in 2026, a move that will significantly impact producers, adjusters, and insurers operating in the state. This change comes after the passage of House Bill 441, which raises various licensing and regulatory fees. One of the most notable increases is the annual financial regulation fee for … Read more

USAA has stepped up to help after catastrophic flooding in central Texas took a heavy toll, claiming 81 lives and leaving many missing. The San Antonio-based financial services company has committed $500,000 in aid to support recovery efforts in the region, often referred to as “flash flood alley.” The flooding, which struck on July 7, … Read more

Cyber threats are becoming more sophisticated and harder to detect, according to Kelly McGuinness, a leader in cyber technology at CFC Group. In a recent discussion, she highlighted how artificial intelligence has changed the landscape of cyberattacks. Gone are the days when phishing emails and basic malware were the main concerns. Today, cybercriminals are using … Read more

Florida’s Fourth District Court of Appeal made an important ruling for auto insurance companies regarding personal injury protection (PIP) reimbursements. On July 2, 2025, the court overturned a lower court decision and sided with State Farm Mutual Automobile Insurance Company in a case about payment obligations when medical providers reference Medicare rates. The case revolved … Read more

A recent court ruling has clarified how insurance companies handle layered policies in liability cases. The Eighth Circuit Court of Appeals made its decision on July 2, 2025, reversing a previous district court ruling that required Hartford Fire Insurance Company and Chubb Custom Insurance Company to share a $2 million wrongful death settlement equally. The … Read more

Tort reform in Georgia is changing the legal landscape, but experts warn businesses should not relax their safety measures or insurance coverage. Chip Renno, a principal at Snellings Walters Insurance Agency, advises clients to continue their risk management practices to avoid potential claims. The recent reforms aim to cut down on frivolous lawsuits, but their … Read more

Cybersecurity continues to be a top concern for business leaders, according to a recent survey by Willis Towers Watson (WTW). The Cyber Directors’ and Officers’ Survey Report reveals that many company directors are increasingly aware of the risks posed by cyberattacks and data loss. The survey, conducted in 2025, shows that a significant number of … Read more