Sophia Langley

In a significant ruling, the New York Appellate Court has sided with Zurich American Insurance Company (ZAI) in a dispute over insurance coverage related to sexual misconduct allegations against a former employee of Giorgio Armani Corporation (GAC). The court decided that Hiscox Insurance Company must cover a lawsuit tied to these allegations, clarifying how insurers … Read more

Independent restaurants are facing significant risks that could threaten their survival, according to a recent report. Published on March 13, 2025, the article highlights the challenges small eateries encounter, from kitchen fires to the rising threat of cybercrime. Many restaurant owners are unaware that they might not have adequate insurance to protect against these dangers. … Read more

A recent report from IQ Air, a Swiss air quality technology company, reveals alarming findings about global air quality. Released on March 13, 2025, the seventh annual World Air Quality Report shows that over 90% of countries are experiencing unsafe levels of fine particulates in the air, exceeding World Health Organization (WHO) guidelines. The data … Read more

Wholesale insurance brokers are becoming crucial players in today’s insurance market, especially in high-risk areas like California. Traditionally viewed as secondary resources, their role has evolved significantly. Mark L. Kaufman, a partner and executive vice president at XPT Specialty, emphasizes that wholesale brokers are now essential for helping retailers secure business in a challenging environment. … Read more

Small restaurants are facing significant risks that could threaten their survival. As the industry grows more complex, many of these establishments are finding themselves underinsured, leaving them vulnerable to various threats. This issue is highlighted in a recent article by Manal Ali, published on March 12, 2025, in partnership with Victor Insurance. Independent restaurants have … Read more

California’s largest property insurer, State Farm General, has announced it will stop writing new policies in the state, even if regulators approve its proposed 22% rate increase. This decision highlights a serious problem in California’s homeowners insurance market, as companies pull back due to rising wildfire losses and strict regulations. In a letter to Ricardo … Read more

JBA Risk Management, a flood risk expert based in the UK, has launched a new inland flood model specifically for Australia. This new tool aims to help insurers and risk professionals better understand and assess flood risks, especially in light of the severe flooding events that impacted South-East Queensland and Northern Rivers in 2022, which … Read more

Artificial intelligence (AI) is making big waves in the banking industry, bringing new efficiency and innovative solutions. However, as banks adopt AI technologies, they are facing growing concerns about data privacy, compliance with regulations, and ethical issues. Financial institutions need to address these challenges while ensuring that their AI systems operate in a transparent and … Read more

The captain of a cargo ship involved in a collision with a U.S. oil tanker has been arrested. The incident occurred in the North Sea, and the captain, a 59-year-old man, is being held on suspicion of gross negligence manslaughter, according to Humberside Police in Yorkshire. The cargo ship, named Solong, was reported to be … Read more

In 2025, the landscape of professional risks is set to change significantly, as highlighted in a recent panel discussion featuring experts from leading firms like WTW, Aon, and Marsh. The panel, which took place as part of the Professional Risks Power Panel series, focused on the evolving challenges and opportunities in the errors and omissions … Read more