Sophia Langley

David Nelson, the executive vice president of Excess and Surplus (E&S) Wholesale at Nationwide, recently shared insights about the growing importance of the E&S property insurance market. This sector, once seen as a niche for unusual risks, is now becoming essential as the traditional insurance market struggles with increasing natural disasters and regulatory challenges. In … Read more

Ronald O. Perelman, once one of America’s richest individuals, is currently in a New York State Supreme Court courtroom. He is involved in a legal battle with major insurance companies, including Lloyd’s of London, Chubb Ltd., and American International Group Inc. The case revolves around five valuable paintings that Perelman claims were damaged in a … Read more

As Hurricane Erick approaches Mexico’s southern coast, the insurance industry is on high alert. This storm is rapidly gaining strength and is expected to make landfall on Thursday morning. With evacuation orders in place and government warnings issued, many residents are preparing for the worst. President Claudia Sheinbaum of Mexico is urging people in vulnerable … Read more

President Donald J. Trump is considering increasing U.S. involvement in the escalating conflict between Israel and Iran. This follows his strong demand for Iran’s unconditional surrender and a warning about potential consequences if they do not comply. Administration officials have indicated that military action, including a possible direct strike, is on the table. After abruptly … Read more

A series of cyberattacks linked to a hacking group called Scattered Spider is causing significant disruptions in the U.S. insurance sector. Major insurance companies are shutting down their systems, contacting federal authorities, and preparing for potential operational and reputational damage. This week, Google’s Threat Intelligence Group reported that several American insurers have experienced breaches that … Read more

A recent report reveals that many Fortune 500 companies are falling short in meeting the expectations of job candidates for personalized experiences on their career websites. According to Phenom’s "State of Candidate Experience: 2025 Benchmarks Report," over 80% of these companies are not providing the level of hyper-personalization that candidates are looking for. Hyper-personalization refers … Read more

Lockton, Inc., a major independent insurance brokerage, has announced impressive global revenues of $4 billion for the fiscal year ending April 30, 2025. This marks the fifth year in a row that the company has achieved double-digit organic growth. The firm credits this success to its commitment to clients and its focus on organic growth. … Read more

The trucking insurance market is facing significant challenges, leaving many brokers and their clients in a tough spot. With insurance premiums skyrocketing, legal uncertainties rising, and some insurers exiting the market, brokers who fail to adapt could jeopardize their clients’ businesses. Kenny Planeta, a transportation broker at Heffernan Insurance Brokers, highlights a dramatic shift in … Read more

In a recent episode of Insurance Business TV’s Big Question series, industry experts gathered to discuss how client expectations are changing in the insurance sector. The conversation highlighted the growing demands of clients and the efforts being made to meet those needs. The episode features insights from various professionals who shared their perspectives on the … Read more

A recent decision by a California appellate court has overturned a workers’ compensation ruling involving DPR Construction and its insurer, National Union Fire Insurance Company. This ruling, made public on June 11, 2025, serves as a crucial reminder for insurers about the importance of following procedural rules in claim disputes. The case revolves around Alonzo … Read more