Sophia Langley

DUAL Group Unveils Major Rebranding Initiative to Enhance Client Experience DUAL Group, a prominent global specialist underwriting agency, has recently announced a significant rebranding effort aimed at improving the experience for its partners and clients. This strategic move, revealed in a press release on February 17, 2025, highlights DUAL’s commitment to simplifying access to its … Read more

Understanding the Series 7 License: A Comprehensive Guide for Insurance Professionals In the dynamic world of finance and insurance, acquiring additional qualifications can significantly enhance your career prospects. One such qualification that stands out is the Series 7 license. This license, issued by the Financial Industry Regulatory Authority (FINRA), is essential for professionals looking to … Read more

Lockton’s Digital Transformation: A New Era in Insurance Brokerage Independent insurance brokerage Lockton has recently taken a significant step towards modernizing its operations by establishing a dedicated digital office. This strategic move aims to enhance the company’s data, analytics, and technology capabilities, marking a pivotal moment for Lockton as it navigates the evolving landscape of … Read more

US Department of Labor Requests Pause on Fiduciary Rule Appeal: What You Need to Know The U.S. Department of Labor (DOL) has recently taken significant steps regarding the fiduciary rule under the Employment Retirement Income Security Act (ERISA). On February 11, 2025, the DOL filed a motion with the 5th Circuit Court of Appeals requesting … Read more

Mosaic Insurance Launches Comprehensive Environmental Coverage Mosaic Insurance has recently unveiled a groundbreaking environmental insurance product that combines primary commercial general liability with pollution and professional liability coverage. This innovative offering aims to meet the diverse needs of businesses facing environmental risks while streamlining their insurance processes. Introducing the Site Pollution & General Liability (SGL) … Read more

AM Best Upgrades Outlook for Somers Re Ltd.: A Comprehensive Analysis In a significant development for the reinsurance sector, AM Best has revised the outlook for Somers Re Ltd. and its subsidiaries from stable to positive. This change is coupled with the affirmation of their financial strength rating (FSR) at A- (Excellent) and long-term issuer … Read more

Understanding the California FAIR Plan Assessment and Its Impact on Insurers California’s property and casualty insurance landscape is undergoing significant changes as the California FAIR Plan (Fair Access to Insurance Requirements) seeks to address the challenges posed by natural disasters, particularly wildfires. A recent report from AM Best highlighted that insurers may recover up to … Read more

DUAL North America Expands Capacity for High-Value Asset Insurance DUAL North America has recently announced a significant enhancement to its insurance offerings, securing a remarkable $100 million per risk capacity specifically tailored for fine art, jewelry, couture, wine and spirits, and other high-value assets. This strategic move aims to provide clients with greater security and … Read more

Navigating the Complexities of Marine Insurance Amid Regulatory Pressures The marine insurance industry is currently facing unprecedented regulatory challenges as it grapples with the implications of shadow fleets and sanctions enforcement. As insurers, shipowners, and flag states come under increased scrutiny, understanding the evolving landscape is crucial for stakeholders in the maritime sector. The Shadow … Read more

Global Economic Growth Outlook: Insights from PwC’s CEO Survey Recent findings from PwC’s 28th Annual Global CEO Survey, unveiled at the World Economic Forum Annual Meeting, reveal a significant shift in the outlook for global economic growth. The survey, which included responses from 4,701 CEOs across 109 countries and territories, indicates that a majority of … Read more