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…

Read More

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,…

Read More

Is Your Gas App Selling Your Driving Habits

usage based auto insurance telematics and phone apps

Free Apps Could Be Raising Your Car Insurance Rates Without You Knowing Did you know the free apps on your phone could be spying on your driving habits and selling that data to insurance companies? Apps like Life360 and GasBuddy, marketed as tools for tracking family safety or finding cheap gas, might be doing way more than you think. Atlanta resident Larry Johnson found this out the hard way. Johnson had been using Life360 to keep track of his family’s whereabouts. But when he was quoted unexpectedly high car insurance…

Read More

When Insurance Costs Send US Homebuyers Packing

Insurance Costs

Rising Home Insurance Costs Are Shaking Up the Housing Market What’s scarier, buying a house or keeping it? For millions of Americans, the answer is shifting. Sure, mortgages are painfully pricey right now, but homeowners are facing another gut punch: skyrocketing insurance premiums. And the ripple effects are hitting the real estate and mortgage markets hard. Why Are Insurance Costs Exploding? Blame Mother Nature, inflation, and a dash of bad luck. Climate disasters have gone from something you hear about on the news to a regular, budget-busting reality. Over the…

Read More

Memorial Weekend, Tariffs, and Theft: A Perfect Storm for Rising Insurance Rates

Memorial Weekend

Could Tariffs and Cargo Theft Send Insurance Costs Through the Roof? Think cargo theft isn’t your concern? It impacts everyone. With commercial insurance premiums already on the rise, new tariffs could drive these costs even higher. Ultimately, businesses bear the brunt of these increases, and over time, some of those costs may trickle down to consumers through higher prices (hint: they always do). What’s Happening With Cargo Theft? Cargo theft isn’t some headline-grabbing crime you only see in movies. It’s real, and it’s expensive—for businesses, insurers, and the entire supply…

Read More

Smarter and Faster Underwriting: Tech Revolution in Commercial Auto Insurance

Commercial Auto Insurance underwriting

The insurance industry is long overdue for an overhaul. For years, it has relied on legacy systems that struggle to keep pace with the evolving needs of agents and policyholders. These systems create ongoing challenges such as lengthy underwriting processes, slow quoting, and sometimes outdated risk assessment models. As a result, many independent agents are becoming increasingly frustrated, especially when speed and efficiency are more critical than ever. But with the constant developments in technology, the industry is seeing positive changes that are addressing these challenges. Advances in underwriting technology,…

Read More

Chubb Bails on LNG Project: A Turning Point in Insurance?

Chubb cancels LNG Project in Louisiana

Chubb Drops Coverage for Controversial LNG Project, Raising Questions About Industry Trends Well, here’s a shakeup. Chubb, one of the world’s largest insurance providers, has decided to stop insuring the Calcasieu Pass LNG terminal in Louisiana. The move has people talking—not just about what it means for the Gulf Coast project, but the bigger picture for the insurance industry itself. Is this the start of something bigger? Maybe. Why’d Chubb Pull Out? Chubb’s decision comes after mounting concerns over methane emissions, community impact, and growing activist pressure. The company recently…

Read More