Sophia Langley

A recent study by vpnMentor has shed light on how corporate scandals have impacted businesses over the past 25 years. The analysis tracked 58 companies involved in significant scandals, revealing which firms failed and which managed to adapt and thrive. Among the companies that collapsed due to scandals are well-known names like Lehman Brothers, Cambridge … Read more

In the latest edition of the Property Insurance Power Panel, industry experts from Gallagher and EPIC Insurance Brokers shared insights on key issues affecting property insurance, particularly in areas prone to natural disasters. The discussion highlighted the rising costs of reinsurance and the importance of preparing finances in regions that face significant natural catastrophes. The … Read more

High-profile failures in risk management are raising alarms among regulators and investors, putting boards of directors under scrutiny. As operational losses and damage to reputation become more common, oversight bodies are increasingly held accountable for governance failures. Despite significant investments in risk management across various industries, many organizations still struggle with effective board-level oversight. Mark … Read more

RIMS, the risk management society, has introduced two new educational programs aimed at enhancing certification options for federal risk management leaders and professionals responsible for business continuity. This announcement came on April 28, 2025, and reflects RIMS’ commitment to advancing the skills of risk professionals. The new initiatives are part of agreements with the Association … Read more

Generali held its annual general meeting (AGM) on April 25, 2025, where important decisions were made regarding the company’s future. The meeting approved a new dividend and welcomed a refreshed board of directors. The newly elected board consists of 13 members who will serve for three years, until the 2027 financial statements are approved. This … Read more

Typhaine Beaupérin, the chief executive officer and secretary general of The Federation of European Risk Management Associations (FERMA), is set to step down in June 2025 after nearly ten years in the role. Her departure marks a significant moment in the risk management sector, which has undergone considerable changes during her tenure. Reflecting on her … Read more

A Texas appeals court is currently examining a significant legal battle between the insurtech company SafeLease and the software provider Storable. This case is capturing attention due to its potential impact on data access and the rules governing software platforms in the insurance industry. On April 17, the Fifteenth Court of Appeals in Texas listened … Read more

The Hartford has announced its financial results for the first quarter of 2025, revealing a notable decline in net income. The company reported a net income of $625 million, which translates to $2.15 per diluted share. This marks a 16% drop compared to the same quarter in 2024, when net income was $748 million, or … Read more

The California Assembly Insurance Committee has taken a significant step by approving Assembly Bill 1236. This bill aims to establish the Climate and Sustainability Insurance and Risk Reduction Grant Program. The initiative is designed to create new insurance models that can better address the growing risks associated with climate change, particularly for communities at high … Read more

USAA has announced impressive results in its 2024 annual report, highlighting significant growth in membership and a solid financial standing. The report, released on April 25, 2025, shows that the organization added 1 million new members last year, reflecting its commitment to serving military families with insurance, banking, and financial services. Juan C. Andrade, who … Read more