Sophia Langley

President Donald Trump’s strong stance against renewable energy is now affecting the insurance industry, especially those involved with solar power projects. His administration has rolled back many federal climate initiatives, including scrapping the Environmental Protection Agency’s $7 billion Solar for All program, cutting tax credits, and placing tariffs on imported solar panels and parts. These … Read more

Nominations are now open for the 11th annual Elite Women awards by Insurance Business America, recognizing outstanding female leaders in the insurance industry. This program celebrates women making a significant difference through leadership, innovation, and influence. If you know a remarkable woman in insurance—or if you are one yourself—you are encouraged to submit a nomination … Read more

Social service providers across the United States are facing growing challenges when it comes to liability insurance. These organizations serve some of the most vulnerable groups, from youth in residential care to individuals with developmental disabilities. But a mix of factors like staffing shortages, increased demand, and rising claims is making it tough for them … Read more

Almost half of workers who have a rough start in their new job plan to quit within six months, according to a recent report highlighting serious flaws in how companies onboard new employees. The Software Finder study found a clear link between a company’s onboarding process and how long new hires want to stick around. … Read more

An insurance company supported by billionaire Todd Boehly has lost nearly a third of its market value after revealing it relies heavily on one key business partner. Accelerant, a firm based in the Cayman Islands that went public in New York this July, disclosed to investors that most of its third-party premiums come from Hadron, … Read more

Neptune Flood, a Florida-based private flood insurer known for using technology to speed up insurance processes, has announced plans to go public on the New York Stock Exchange. This step comes as investors show more interest in profitable insurance companies with strong growth potential. Started in 2016 by industry veterans Jim Albert and Bill Martin, … Read more

The insurance industry is going through big changes. New technology like artificial intelligence, changing customer needs, and tough competition for skilled workers are shaking up the way people work. But simply offering good pay and chances to move up the ladder isn’t enough anymore. Many employees want to feel connected and valued at work. Jhan … Read more

Flood risks are growing fast in the U.S., and many commercial property owners may not be fully prepared. Flood damage costs now average $32.1 billion a year and are expected to rise to $40.6 billion by 2050, according to a 2022 study from the University of Bristol. This is a worrying trend for businesses who … Read more

The US homebuilding market is set to grow in 2025, but the way homes are being built and the types of buyers involved are changing. Instead of large, customized homes, builders are focusing more on smaller, affordable houses aimed at first-time buyers. Chadd Folkes, CEO of Risksmith Residential Solutions, says younger buyers want homes that … Read more

Nineteen former top executives and directors of Credit Suisse have agreed to pay $115 million to settle claims from shareholders. The shareholders said these leaders’ poor risk management led to big losses for the bank, particularly linked to the fallout from Archegos Capital Management in 2020 and 2021. This massive financial hit was one of … Read more