Sophia Langley

Federal investigators have launched a wide-ranging review of nearly 2.9 million Tesla vehicles equipped with the company’s Full Self-Driving (FSD) software. This move comes after several reports that the software caused cars to run red lights, veer into oncoming lanes, and crash. The National Highway Traffic Safety Administration (NHTSA) said it is looking into 58 … Read more

Neptune Insurance Holdings recently found itself in the spotlight after its CEO, Trevor Burgess, spoke candidly on a Wall Street TV program about a rare market shift. The National Flood Insurance Program (NFIP), which covers over 90% of flood insurance in the U.S., has stopped issuing new policies and renewing existing ones after its authorization … Read more

Federal prosecutors have accused a 29-year-old man from Florida of starting the devastating Palisades Fire that destroyed neighborhoods in Pacific Palisades and Malibu. The fire wiped out thousands of homes and caused billions in insurance claims. Jonathan Rinderknecht, who worked as an Uber driver and lived in Los Angeles when the fire began, was arrested … Read more

A major fire at a key aluminum plant in upstate New York has dealt a significant blow to Ford Motor Company, with potential losses reaching up to $1 billion. The blaze, which started on September 16 at Novelis’s Oswego facility, has shut down a large part of the plant. This site is a crucial supplier … Read more

The Internal Revenue Service has furloughed almost half of its workforce as the federal government shutdown stretches into its second week. This closure is affecting many IRS operations and could cause delays for the insurance and financial industries that rely heavily on the agency’s services. About 34,000 of the IRS’s 74,000 employees have been placed … Read more

Insurance professionals have plenty to look forward to in the coming months with a series of events designed to keep industry leaders connected and informed. These gatherings offer chances to learn about new trends, celebrate achievements, and build valuable relationships. One of the highlights scheduled for November 13, 2025, is the Insurance Business Canada Awards. … Read more

Florida’s insurance market is showing signs of steady improvement after years of challenges, according to Governor Ron DeSantis. Speaking at the APCIA Annual Meeting in Orlando, DeSantis outlined how legal reforms passed in 2022 and 2023 have helped bring more stability to the state’s insurance scene. He pointed to more competition, lower rate increase requests, … Read more

Johnson & Johnson has been ordered to pay nearly $1 billion following a jury’s ruling that its talc-based baby powder contributed to the death of an elderly California woman. The award is one of the largest so far in the ongoing wave of lawsuits accusing the company’s talc products of causing cancer. The verdict came … Read more

For years, business auto insurance was just one part of larger commercial policies that mainly focused on things like general liability and workers’ compensation. But now, insurers are changing how they handle this coverage. Due to rising losses, many are separating business auto from those bundled packages and moving it into specialty markets instead. This … Read more

Florida’s insurance market is showing signs of steady improvement, according to Governor Ron DeSantis. Speaking at the APCIA Annual Meeting in Orlando on October 6, 2025, DeSantis credited recent legal reforms for helping stabilize the state’s insurance landscape, which had long struggled with high litigation rates and rising costs. DeSantis pointed to a series of … Read more