Sophia Langley

A homeowner in New Mexico has filed a federal lawsuit accusing State Farm of deliberately underpaying insurance claims to boost profits. Koteiba Azzam, who lives in Sunland Park, alleges that after a pipe burst in his home in January 2025, State Farm denied full coverage for the damage, including a needed roof replacement. The suit … Read more

October is Cyber Security Awareness Month, a timely reminder for businesses and employees to stay vigilant about cyber threats. One of the biggest dangers right now is ransomware, which continues to affect organizations all over the world, no matter their size or industry. Jack Tolliday, a threat intelligence specialist at QBE, points out that cybercriminals … Read more

The cyber insurance market is seeing some of its lowest premiums in years, but that doesn’t mean the risks are getting any easier to manage. Industry leaders warn this drop in prices comes at a time when cyber threats, especially those powered by artificial intelligence (AI), are growing faster than security measures can keep up. … Read more

High-net-worth insurance is facing big challenges as the risks tied to wealthy lifestyles and assets grow faster than traditional insurance models can handle. Celia Santana, president and CEO of Personal Risk Management Solutions, LLC, and president-elect of the Private Risk Management Association, shared insights about how this market is shifting. Wealthy clients often have huge … Read more

Starting next year, Americans using the federal health insurance marketplace will face much higher premiums. Insurers have finalized rates that could push costs up by an average of 30 percent for 2026, the biggest jump since the Affordable Care Act (ACA) began in 2014. This change affects about 17 million people who rely on Healthcare.gov … Read more

In a stunning theft that shook the art world, a set of priceless royal jewels vanished from the Louvre Museum in Paris in 2025. Valued at around €88 million (roughly $102 million), the stolen items include historic tiaras and earrings once belonging to Queen Marie-Amélie and Queen Hortense. The French government confirmed that these treasures … Read more

Federal regulators have turned their attention back to Tesla, this time focusing on a new update to its driver-assistance software called “Mad Max.” Early users report that this mode lets Tesla cars drive faster and make sharper maneuvers than before. The National Highway Traffic Safety Administration (NHTSA) has reached out to Tesla for information about … Read more

Insurers are responding to rising regulatory attention not by changing their policies outright but by being more careful in how they assess each client. Instead of blanket adjustments to coverage, underwriters are focusing more on the details of individual firms, including their leadership, investment approaches, and customer bases. Jessica Thayer, senior vice president and financial … Read more

Changes in insurance rules from Fannie Mae and Freddie Mac are causing big headaches for owners of multifamily properties, especially smaller landlords. Danielle Lombardo, vice chair at Howden US, says new requirements for liability insurance don’t match what insurers are actually willing to provide. This mismatch is pushing some property deals toward foreclosure and giving … Read more

The cyber insurance market is seeing one of its softest phases in years, with premiums dropping and policies becoming easier to get. But industry experts warn this doesn’t mean cyber risks are getting any safer. In fact, the opposite is true. While there’s plenty of capacity and competition among insurers, threats driven by artificial intelligence … Read more