Sophia Langley

In a recent episode of Insurance Business TV, Paul Lucas spoke with Tara Krauss, the President of Accident and Health at QBE North America, about the company’s newly released 2025 Accident and Health Market Report. This report provides valuable insights into the current trends affecting self-funded healthcare plans, focusing on medical stop-loss claims, the growth … Read more

In a recent discussion, Heath W. Shearon, host of the Insurance Town Podcast, shared his thoughts on the importance of authentic branding in the insurance industry. Speaking on August 25, 2025, Shearon emphasized that many insurance professionals fall into the trap of chasing trends instead of focusing on building genuine trust with clients. He believes … Read more

A significant legal battle is unfolding in Los Angeles over a car accident case that has sparked a $900,000 dispute between two insurance companies. The case, now in federal court, has caught the attention of insurance professionals nationwide. On August 20, 2025, United States Liability Insurance Company (USLI) initiated a lawsuit against The Travelers Companies … Read more

Kinsale Insurance is seeking a ruling from a federal judge to determine whether it must provide coverage for a workplace injury claim stemming from a serious accident at an oil site in New Mexico. The lawsuit involves a contractor who was severely burned during a generator explosion on August 18, 2025. The incident occurred in … Read more

A commercial property owner in Illinois is suing The Cincinnati Insurance Company in federal court. The lawsuit stems from a claim for wind damage that the insurer allegedly refused to pay. Lincoln Place Capital LLC, the property owner, filed the complaint on August 19, 2025, in the Southern District of Illinois. The company owns a … Read more

CompSource Mutual Insurance Co. is planning a significant change to its structure. The company intends to reorganize as a stock company, creating a new holding structure that it claims will be a “non-recognized” transaction for federal tax purposes. This move was submitted to the Oklahoma Insurance Department, and the company is currently awaiting regulatory approval. … Read more

Colorado’s individual health insurance market is facing significant changes that could impact around 96,000 residents. Two major insurers, UnitedHealthcare and Anthem, have filed plans to reduce their offerings. This decision comes amid uncertainty over federal tax credits and potential adjustments to Medicaid. State regulators assure that despite these reductions, every county in Colorado will still … Read more

Allstate Corp. recently reported significant financial updates related to the 2024 hurricane season, which has seen considerable losses across North America. In July alone, the company faced $184 million in pretax catastrophe losses from 19 wind and hail events. This figure marks a notable decrease compared to the same period last year, when losses were … Read more

Drake Plastic Products Inc. has taken a stand against new IRS regulations that target certain microcaptive insurance arrangements, claiming these rules unfairly impact legitimate business practices. The company, along with its affiliate Drake Insurance Company and captive management firm Strategic Risk Alternatives LLC, filed a lawsuit in August 2025 to challenge a rule finalized earlier … Read more

Companies are facing increasing pressure to adapt to climate change, but many are still holding back. Extreme weather, changing supply chains, and stricter regulations are pushing businesses to take action. However, a significant hurdle remains: the perception that climate risk is a problem for the future, not the present. Lars Regner, who leads resilience services … Read more