Sophia Langley

Several insurance companies are making notable changes to their leadership teams. These moves aim to strengthen their operations and enhance their expertise in important areas like property, construction, and employee benefits. The Hanover Insurance Group has appointed Richard W. Lavey as its first Chief Operating Officer. In this new position, Lavey will focus on developing … Read more

Hub International Limited has made a significant move by acquiring the assets of Dansig Inc., which operates as Dansig Insurance Risk Advisors. This acquisition, announced on April 4, 2025, aims to enhance Hub’s capabilities in the insurance sector, particularly in employee benefits and risk management. Dansig, based in Decatur, Illinois, is known for its independent … Read more

Louisiana lawmakers are looking at a new bill that could change how insurance companies set auto rates for drivers over 65. House Bill 258 aims to prevent insurers from raising premiums just because a policyholder turns 65 years old. If passed, this bill would impose fines of up to $10,000 for each violation, targeting companies … Read more

Alliant Insurance Services has made an important addition to its team by appointing Danny Reeder as a vice president in its employee benefits group. This announcement was made on April 4, 2025. Reeder will be based in Utah and comes with over 13 years of experience in strategic benefits consulting, self-funding, and cost management. In … Read more

ALKEME has announced the appointment of Don Esparza as the new president for its South/Southwest region. This decision, made public on April 4, 2025, is part of the company’s strategy to grow its presence in the southern and southwestern United States. Esparza comes with over 30 years of experience in the insurance industry, having worked … Read more

The American Property Casualty Insurance Association (APCIA) is urging lawmakers in Florida to reject House Bill 1181. This bill proposes to eliminate the state’s no-fault auto insurance system, which the APCIA warns could lead to higher insurance costs and increased legal disputes. Adam Shores, the APCIA’s senior vice president for state government relations, expressed concern … Read more

In today’s fast-paced world, businesses face growing threats from cybercrime, especially ransomware attacks. A recent report from Cowbell highlights that larger companies, those making over $50 million a year, are experiencing 2.5 times more cyber incidents than smaller firms. This alarming trend has prompted experts to discuss the role of artificial intelligence (AI) in combating … Read more

The 2025 Atlantic hurricane season is shaping up to be more intense than usual, with forecasts predicting 17 named storms, nine hurricanes, and four major hurricanes. This information comes from Colorado State University (CSU) in collaboration with the Insurance Information Institute (Triple-I). Phil Klotzbach, a senior research scientist at CSU and a non-resident scholar at … Read more

The California Surplus Lines Market Index has shown strong signs of resilience and flexibility, even as the state faces various economic and environmental challenges. This index serves as an important measure of the health of the surplus lines market, which includes insurance products that are not available through standard carriers. The findings from the index … Read more

Tori Sarmiento, a young professional at INSTANDA, recently shared her journey into the insurance industry in a podcast episode. She discussed her growing passion for the field and highlighted the challenges the industry faces in attracting younger talent. Sarmiento emphasized that many young people view insurance as outdated and unexciting. She believes that for the … Read more