Sophia Langley

Commodity traders are facing a wave of new challenges as political and economic risks rise across the globe. Issues like military conflicts, changing tariffs, and supply chain troubles are shaking up how goods move worldwide. A recent report by Willis, part of WTW, looks at these risks and what they mean for the trading world. … Read more

Bill Donato has stepped into his new role as president of retail insurance at Patriot Growth Insurance Services, taking charge of the company’s property and casualty, as well as employee benefits divisions. Despite Patriot’s rapid growth—completing over 180 acquisitions in just six years—Donato says the company is focusing on balancing its size with a more … Read more

Gen Z job seekers are facing a tough challenge as artificial intelligence (AI) takes over many entry-level jobs. New research shows that AI is replacing young workers in tasks like research, admin, and briefing, making it harder for the newest generation to find work. A poll by the British Standards Institution (BSI), which surveyed over … Read more

Willis has launched a new Forensic Accounting & Valuation Services (FAVS) team to enhance its global valuation offerings. This step brings together expertise in valuation, data, and consulting to better serve clients, especially in the area of international risk. The new FAVS team replaces the previous Forensic Accounting and Complex Claims group. The change reflects … Read more

For years, catastrophe models have helped insurers set prices and manage risks from severe weather events. But as storms grow stronger and losses go beyond past patterns, experts like Kim Roberts of Guy Carpenter say these models alone aren’t enough anymore. Roberts, who leads North American peril at Guy Carpenter, explained that catastrophe models still … Read more

Humana is facing another setback in court, adding to its financial and reputation troubles just weeks before new Medicare Advantage star ratings are finalized by the U.S. government. On Tuesday, a federal judge in Fort Worth, Texas, upheld the government’s decision to lower Humana’s quality scores for its Medicare Advantage plans. This ruling could cost … Read more

Safeco Insurance is drawing attention from brokers and consumers alike as it continues to hold a strong position in the U.S. insurance market. Known for its solid financial backing and a wide range of products, the company is a subsidiary of Liberty Mutual Insurance, one of the largest insurance groups in the country. Recent ratings … Read more

The ongoing US government shutdown has put the National Flood Insurance Program (NFIP) on hold, causing disruptions in thousands of property transactions and opening doors for private flood insurers. Since the NFIP stopped issuing new policies, renewals, and amendments on September 30, many homebuyers are turning to private insurers for flood coverage. Experts say this … Read more

Alliant Insurance Services has welcomed Melissa Koontz as the new senior vice president in its employee benefits group, a move that strengthens the company’s reach in the Pacific Northwest. Koontz will be based in Spokane, Washington, bringing her expertise to a national client base. In her new role, Koontz will focus on creating employee benefits … Read more

Markel Insurance, part of Markel Group Inc., has named Tom Hillier as its new chief underwriting officer (CUO) as it prepares for a major shakeup in its international business structure. The insurance company plans to shift from its current two-division system to five separate businesses by the end of 2025, aiming for clearer focus and … Read more