Sophia Langley

Steadfast Group has reported strong half-year results, showing growth in earnings, revenue, and premiums. The company, listed on the ASX, revealed underlying NPATA increased by 6.3% to $161.5 million, with underlying NPAT rising 7.3% to $137.5 million. Their earnings before interest, tax, and amortisation (EBITA) climbed 12.6% to $293.6 million. Revenue reached $1.01 billion, up … Read more

The Pennsylvania Insurance Department announced that workers’ compensation insurers in the state will not have to make contributions to the Workers’ Compensation Security Fund during 2026. This decision comes after a review showed the fund’s balance remains healthy, exceeding $500 million as of December 31, 2025. The Security Fund acts as a safety net. It … Read more

Gia Snape recently spoke with Diane Delaney from PRMA about how high net worth families face new challenges when it comes to insurance. With rising risks like climate change, cyber threats, and social inflation, just finding insurance coverage has become a concern in itself. They discussed how protecting assets today means going beyond traditional insurance. … Read more

The U.S. property insurance market has softened over the past year, largely due to a flood of capital and a quieter storm season, not necessarily because risks have improved. Tom Kussurelis, president of Arrowhead Programs, described the current state as a clear soft market where rates are falling fast. He pointed out that some top-tier … Read more

French credit insurer Coface SA reported a net income of €222 million ($262 million) for 2025, marking a 15% drop from the previous year. The company attributed this decline to rising claims and increased competition in the market, which put pressure on earnings. Coface, based in Paris, saw its consolidated turnover rise slightly by 0.1% … Read more

Kyle Sternadori from Navigators, a part of The Hartford, recently shared his thoughts on how to handle both hard and soft insurance markets. In a chat featured on Insurance Business TV, he talked about what companies should keep in mind during tough market times, the gaps in protection that often arise, and regions heavily affected … Read more

The U.S. Supreme Court has ruled that former President Donald Trump went too far when he used emergency powers to impose broad tariffs on imports from countries like Canada, China, and Mexico. The decision, released on Friday, says Trump exceeded his authority by invoking the 1977 International Emergency Economic Powers Act (IEEPA) to enforce these … Read more

A recent ruling by the Michigan Court of Appeals has clarified that bobtail insurance policies, which cover truck drivers when they’re driving without cargo, cannot limit mandatory personal injury protection (PIP) coverage to just the vehicles listed on a policy. Instead, the court confirmed that this coverage must follow the person insured, no matter what … Read more

Pennsylvania’s Supreme Court has ruled that surety companies are not subject to the state’s insurance bad faith law, but they must participate in arbitration when disputes arise. The decision came on February 18, ending a legal battle that started more than 15 years ago over a construction project at Penn State University. Back in 2008, … Read more

A rare Pokémon trading card recently made headlines after selling for a staggering $16.5 million, setting a new world record for the most expensive trading card ever auctioned. The card, a Pikachu Illustrator graded PSA 10, was sold by influencer and WWE star Logan Paul through the auction house Goldin. The buyer, venture capitalist AJ … Read more