Sophia Langley

In a significant ruling for auto injury claims, the Georgia Court of Appeals has decided in favor of a hospital seeking payment from Progressive Mountain Insurance Company. This case centers around a minor, Elizabeth Giles, who was injured in a car accident and received treatment at AU Medical Center. The court’s decision highlights an important … Read more

Cybercrime is on the rise, and businesses are feeling the heat. A recent report highlights the growing challenges organizations face in protecting sensitive information. According to Statista, over half of U.S. companies—52%—reported losing sensitive data to cybercriminals in 2024. Alarmingly, 26% of these incidents involved business email compromises. The financial impact is staggering, with the … Read more

California has emerged as the leader in the U.S. property and casualty insurance market, raking in an impressive $94 billion in direct premiums for 2024. Following closely behind are Florida and Texas, with $71 billion and $59 billion, respectively. This data comes from recent reports by Insurance Business+. The entire property and casualty insurance sector … Read more

Mergers and acquisitions are on the rise again in 2025. Dealmakers are eager to take advantage of steady interest rates, available capital, and new opportunities in various sectors. However, challenges remain, especially due to geopolitical tensions. Issues like trade policy uncertainty in the U.S., the ongoing conflict in Ukraine, and political shifts in countries such … Read more

As severe convective storms (SCS) become more common, insurance companies are feeling the pressure to change how they handle risk. A recent partnership with Munich Re has highlighted the urgent need for the industry to rethink its strategies in light of rising losses from these extreme weather events. In 2024, tornadoes, hail, and wind storms … Read more

In 2024, the insurance brokerage industry experienced a significant surge in mergers and acquisitions, highlighted by several major deals. Notable among these was Aon’s acquisition of NFP and the anticipated merger between Gallagher and AssuredPartners. This wave of activity is reshaping the landscape for brokerages, prompting mid-sized firms to rethink their strategies. Phil Trem, president … Read more

Marks & Spencer is facing a serious crisis after a cyberattack that has cost the company nearly $1 billion in market value. This breach has raised concerns about the security of remote work and how it may have allowed hackers to infiltrate the retailer’s systems. The attack has disrupted operations at one of the UK’s … Read more

USG Insurance is shaking things up in the insurance industry. As one of the last fully independent players in the wholesale broker space, the company is not just using standard technology. Instead, it’s creating its own tools tailored specifically for underwriters. This move aims to enhance speed and accuracy in decision-making. Timothy Horton, the president … Read more

High-net-worth individuals are facing increasing cyber threats, with evolving risks such as social engineering, wire transfer fraud, and AI-driven scams. In a recent discussion, Kareen Boyadjian, a vice president at Tokio Marine HCC’s Cyber and Professional Lines Group, highlighted these growing challenges for wealthy clients. The conversation, led by Gia Snape from Insurance Business, explored … Read more

An Indiana appeals court has decided that State Farm Mutual Automobile Insurance Company must pay for injuries sustained by a pedestrian who was struck by an electric scooter. This ruling, made on April 23, 2025, arose from an incident in November 2022, when Michelle DiPego was walking in Muncie, Indiana, and was hit from behind … Read more