Sophia Langley

The Baldwin Group has unveiled its 2025 Directors & Officers (D&O) Benchmarking Report, shedding light on the latest trends in insurance for public companies. Released on May 30, 2025, this fourth edition of the report highlights a significant decline in D&O premium rates and retentions, while also revealing a growing disconnect between the levels of … Read more

A recent report from Insurity reveals that while many insurance companies are investing more in automation and self-service tools, only 15% of consumers want a completely digital experience without any human interaction. The findings come from Insurity’s 2025 Digital Experience Index, which highlights a growing preference for a digital-first approach that still allows customers to … Read more

The Insurance Information Institute (Triple-I) has released a new report that looks closely at the rise of attorney advertising and the growing influence of third-party litigation funding (TPLF) on legal trends and insurance. This report, published on May 30, 2025, highlights how these factors are leading to more lawsuits and longer settlement times. According to … Read more

As homelessness continues to rise in the United States, the lack of affordable housing is a major concern. While discussions often focus on funding and zoning, non-profit housing providers are facing another significant hurdle: soaring insurance costs and limited coverage options. Kristina Dorer, an assistant vice president at Woodruff Sawyer, has observed how the insurance … Read more

Florida’s personal property insurance market is starting to stabilize after years of turmoil, marked by rising premiums and insurer losses. Recent reports indicate that the market is seeing more competition and new players, which is a positive sign for consumers. In 2024, Florida’s property insurers achieved a collective underwriting profit of $206.7 million, a significant … Read more

As climate change brings more unpredictable weather, the film industry is facing tough decisions about where to shoot. From wildfires in California to hurricanes in Florida, production companies are rethinking their filming locations. They must balance the risks of natural disasters with the financial perks of film tax credits. Peter Burt, president of entertainment at … Read more

Chief risk officers (CROs) in the Asia-Pacific insurance sector are facing new challenges and changing their roles to meet them. A recent survey by EY and the Institute of International Finance (IIF) shows that these leaders are now placing greater importance on risk management as they deal with economic changes, regulatory updates, and increasing digital … Read more

In a recent ruling that could change how hospitals bill for services, California’s Third District Court of Appeal has decided against Dameron Hospital Association. The hospital had sought to collect payment directly from a patient’s uninsured motorist (UM) insurance policy held with Progressive Casualty Insurance Company. The court’s decision, announced on May 27, 2025, confirmed … Read more

The US aviation insurance market is currently seeing a rare easing of rates after years of increases. However, this relief may not last long, according to Jon Howard, the CEO of Mach 2 Underwriters and a licensed pilot. He warns that rising repair and replacement costs, driven by tariffs and changes in global supply chains, … Read more

The housing markets in developed countries are increasingly at risk from extreme weather events, leading to challenges in insurance availability and affordability. A new report from the Geneva Association highlights the urgent need for changes in property valuations and mortgage practices. It also calls for government-backed insurance pools to encourage homeowners to make their properties … Read more