Sophia Langley

California homeowners are facing a significant change as State Farm has received preliminary approval to raise home insurance premiums by an average of 22%. This decision impacts nearly one million homeowners in the state and comes amid an ongoing insurance crisis fueled by severe wildfires. California Insurance Commissioner Ricardo Lara announced the rate hike on … Read more

A legal dispute is heating up between Michael’s Fabrics, LLC and Donegal Mutual Insurance Company over a water damage insurance claim. The case, officially known as Michael’s Fabrics, LLC v. Donegal Mutual Insurance Company, is currently in the hands of Judge Julie R. Rubin at the United States District Court for the District of Maryland. … Read more

Beazley has made a significant move by appointing Lindsay Shipper as the new head of commercial property for North America. This change will take effect on April 1, 2025. Shipper will be working out of Atlanta, Georgia, and will report directly to Richard Montminy, who oversees property risks for the group. Lindsay Shipper brings nearly … Read more

Natural resources companies are set to significantly increase their investments in clean energy technologies in the coming financial year. According to a recent global Clean Energy Survey by Willis, spending in this sector is expected to rise by over 34%, reaching an average of $249 million in 2025, up from $185 million in 2024. This … Read more

Hippo Insurance has reported significant losses from the recent wildfires in Los Angeles, totaling an estimated $42 million. These losses highlight the ongoing challenges insurers face in areas prone to natural disasters, particularly in California. Rick McCathron, President and CEO of Hippo, emphasized the need for insurers to manage their risks better. He pointed out … Read more

Venbrook Group has taken an exciting step by partnering with Crum & Forster to launch a new international travel insurance practice. This collaboration, announced on March 14, 2025, marks Venbrook’s first venture into direct-to-consumer travel insurance products. Under this new agreement, Venbrook has introduced two travel medical plans specifically designed for non-U.S. citizens visiting the … Read more

Financial stress is becoming a major issue for employees in the workplace, affecting their engagement and productivity. As costs rise due to inflation and economic uncertainty, many workers are looking to their employers for help with their financial health. Ted Kane, a leader in financial security at Brown & Brown, emphasizes that employers have a … Read more

This week, a Swiss technology company, IQAir, released its seventh annual World Air Quality Report. The report highlights alarming findings: in over 90% of the 138 countries monitored, the air contains harmful fine particles that exceed safe levels set by the World Health Organization (WHO). This extensive data was collected from more than 40,000 air … Read more

A federal judge has dismissed a negligence lawsuit against State Farm Mutual Automobile Insurance Company. This lawsuit was linked to a tragic truck crash that resulted in the deaths of five members of the Godinez family in Colorado. The ruling, made by Judge Nina Y. Wang on March 11, 2025, determined that State Farm could … Read more

Insurance professionals looking to advance their careers now have a valuable option: the Associate in Management (AIM) designation. This certification is designed for those aiming for supervisory or management roles within insurance companies, focusing on enhancing essential skills like decision-making and interpersonal communication. The AIM program equips candidates with knowledge about new managerial technologies and … Read more