Weight Loss Drug Costs Force Colorado to Change Course

Weight Loss Drug Cost in Colorado

Colorado Reverses Course on Weight Loss Drug Coverage Amid Growing Costs Colorado has had a change of heart. After announcing plans to halt coverage of weight-loss medications like Wegovy for state employees, the state has decided to backtrack. Why the reversal? Pressure from lawmakers and the state employees’ union made it clear that cutting access wasn’t going to fly. Starting July 1, though, employees will still feel the pinch. The copay for these medications is set to jump from $30 to $120. And new prescriptions for weight loss? Nope, they…

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Brace for Another Blow: State Farm Pushes Beyond 17% Premium Increase

state farm insurance news

State Farm’s Rate Hike Sparks Anger Among California Homeowners It’s a double whammy for California homeowners. State Farm, the state’s largest home insurer, just secured a 17% rate hike on homeowners policies, set to kick in this June. And now? They’re back, asking for more. A Bigger Leap in Premiums Many feel the recent 17% increase is hefty enough. It’s expected to bump the average homeowner’s insurance premium to around $300 to $600+ annually. But State Farm is pushing to raise rates even further, aiming for an additional 11% on…

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Dangerous Dogs, Pricey Claims, and Accountability in Florida’s New Legislation

Florida’s New Legislation for dangerous dogs

Florida’s “Pam Rock Act” Could Change the Game for Dangerous Dog Owners and Victims Ever thought about how much damage a single dog bite could cause? Financially, emotionally, and physically? Turns out, the average dog bite claim isn’t cheap. It can cost around $60,000, and in 2023, the average claim landed at $58,545. Some cases even hit six figures, especially when serious injuries are involved. That’s where Florida’s new “Pam Rock Act” comes in, aiming to tackle the chaos that can unfold when dog attacks happen. The Pam Rock Act,…

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GEICO, Manufacturers, and the Legal Tug-of-War Over Driverless Liability

GEICO Autonomous Vehicle Insurance

The Future of Insurance Is Autonomous Insurance is changing, and fast. Thanks to self-driving cars, the world of traditional auto insurance is facing a major makeover. Think about it–if there’s no driver behind the wheel, who’s responsible for an accident? That’s the big question. Insurers are shifting gears, focusing less on drivers and more on the tech that powers those autonomous vehicles. Welcome to the era of product liability and errors & omissions (E&O) insurance. GEICO, one of the giants in the insurance world, is already prepping for this shift.…

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Why Mortgage Companies Are Eyeing the Weather More Than Ever

Mortgage Companies

Is Climate Change About to Shake Up Mortgages and Insurance? What if buying a home in a wildfire zone hurt your credit? Or if living near the coast made your mortgage rates skyrocket? It’s not just a wild idea anymore. A new report from First Street, a climate risk financial modeling firm, says it’s time for lenders to rethink how they evaluate creditworthiness. Right now, they’re missing a big piece of the puzzle. One word: climate. Why does climate change matter when it comes to mortgages? Think about it. Wildfires,…

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Colorado Wildfire Season – Can a New Bill Bring Relief?

Colorado Wildfire Season

A Bold Move to Tame Wildfires and Tackle Insurance Woes Wildfire season. Two words that strike fear into the hearts of homeowners in Colorado and across the West. But a new bill, the “Fix Our Forests Act,” aims to give folks some relief—not just from the fires themselves but also from the mounting financial strain on wildfire insurance. Led by Senator John Hickenlooper of Colorado, the bill is designed to prevent wildfires before they start. It pushes for faster forest management projects, like prescribed burns and selective logging, to tackle…

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State Farm Reports Claims Amid Midwest Weather Tragedy

hail storm damage

Severe Weather Ravages Midwest, Leaves 27 Dead A brutal series of storms swept through the Midwest on May 16 and 17, 2025, leaving devastation and heartache in its wake. Tornadoes carved paths of destruction in Kentucky and Missouri, while hailstorms pounded parts of Illinois and Indiana. The death toll? A staggering 27 people lost their lives, with 18 deaths reported in Kentucky and 7 in Missouri. What caused all this chaos? It wasn’t just one type of storm. Kentucky bore the brunt of deadly, long-track tornadoes, particularly in Laurel County,…

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