Sophia Langley

A significant insurance dispute is unfolding in South Carolina, where Selective Insurance is seeking relief from liability in a tragic accident involving a company officer’s vehicle. The case centers on a fatal crash that occurred on October 19, 2024, in Lexington County, involving a truck driven by Christopher Bryan Edwards, the chief operating officer of … Read more

The Excess and Surplus (E&S) insurance market is experiencing significant growth, driven by its unique ability to adapt to changing client needs. Once viewed as a last resort for hard-to-insure risks, this sector has become a thriving part of the insurance landscape. Shevawn Barder, the CEO of AM Specialty Insurance Company (ASIC), is a key … Read more

As the world faces increasing climate challenges, the global insurance industry is at a critical point. With the planet warming, natural disasters are causing more economic damage than ever before. In the first half of 2025, disasters led to $162 billion in economic losses worldwide, with insurers covering $100 billion of that. This marks the … Read more

QBE Insurance Group, based in Australia, has reported a significant 27% increase in profits, demonstrating strong performance in the competitive insurance market. The announcement came on August 8, 2025, and highlights the company’s focus on enhancing its relationships with insurance brokers, which account for over 95% of its business. Andrew Horton, the Group CEO, shared … Read more

Insurance mergers and acquisitions (M&A) hit a historic low in the first half of 2025. Factors like geopolitical tensions, economic instability, and uncertainty about U.S. policies under President Donald Trump have made it tough for companies to make deals. Only 95 insurance M&A deals were completed from January to June 2025. That’s a drop from … Read more

In a recent discussion about the evolving landscape of property insurance, Ashleigh Cashman, president of ICAT, emphasized the importance of a strong company culture that prioritizes transparency, collaboration, and continuous improvement. This approach is crucial in ensuring that the company can effectively respond to challenges in underwriting, loss control, and claims management. Cashman highlighted four … Read more

Giant insurer QBE Insurance Group reported a strong financial performance for the first half of 2025, with a net profit increase of 27%. The company announced that its net profit reached $1.02 billion, driven by net insurance revenue exceeding $8.81 billion and gross written premiums rising by 6% to $13.8 billion. Andrew Horton, the CEO … Read more

Brokers in the cyber insurance industry are being urged to shift their focus from simply transferring risk to building true cyber resilience for their clients. Margaux Weinraub, the cyber practice leader at Graham Company, emphasized that organizations often see cyber insurance as just a safety net rather than a proactive tool for preparedness. Weinraub pointed … Read more

Organizations worldwide are being urged to implement strict guidelines for the use of artificial intelligence (AI) in the workplace. This comes in response to the increasing threat of "shadow AI," where employees use AI tools without the approval of their IT departments. Shadow AI poses a significant risk, as it involves the use of generative … Read more

Mercury Insurance is stepping in to provide coverage for thousands of customers who are currently with Safeco Insurance in California. This change comes as Liberty Mutual, which owns Safeco, is shifting its strategy for personal insurance lines in the state. Liberty Mutual has decided to phase out certain renters, condo, and auto policies in California. … Read more