Ghost Gun Dispute Unites Major Players in New York

Nordstrom
ghost gun trail case in New York

Ghost Gun Insurance Dispute Takes Center Stage in New York The legal battle over ghost guns just took a big turn. KM Tactical, a Missouri-based gun retailer, had been fighting over where its insurance dispute should be handled. But now? They’ve thrown in the towel. The case is moving to New York, and it’s raising some big questions. What happened? And why does this matter to anyone outside this courtroom drama? Here’s the scoop—in plain English. What’s a Ghost Gun, Anyway? First, a quick refresh. Ghost guns aren’t your typical…

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The Secret Sauce Behind Florida Insurance Overhaul

Angela Linders
Florida’s New Insurance Bill

A Dramatic Drop in Florida Insurance Lawsuits—What’s Behind It? Insurance litigation in Florida is plummeting. And it’s no accident. New laws and reforms are making waves, reshaping the state’s once-chaotic property insurance market. Lawsuit filings have dropped a stunning 25% in just the first half of 2025 compared to the same period last year. That’s huge. But what’s driving this change? And what does it mean for you? The Legal Reforms Making It Happen A few key changes are at the heart of this shift. First up, a mandatory pre-lawsuit…

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Insurance Niches That Are Booming: Opportunities for Forward-Thinking Agencies

John Bowers
Insurance agencies and opportunity

Not All Policies Are Created Equal As the insurance landscape shifts alongside changing lifestyles, technologies, and business models, niche markets are stepping into the spotlight. Agencies that pay attention to these emerging segments have a chance to gain a competitive edge—not by chasing the biggest pie slice, but by owning the most overlooked ones. Niche doesn’t mean small. It means focused. And in many cases, these focused markets are seeing growth rates that outperform broader lines. Let’s look at some of the segments turning heads right now. Cyber Liability Insurance:…

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No Rate Hike Yet: Texas Windstorm Insurance Board to Make Final Call

H. Cutner
texas windstorm insurance

TWIA Committee Recommends No Rate Hike for Coastal Texans In a surprising turn, the Texas Windstorm Insurance Association (TWIA) committee has voted to recommend no rate increase for coastal property owners. As  per KRIS news report, the decision made yesterday, came after a 5 to 2 vote, despite reports showing that current rates are slightly below recommended levels. The full TWIA board will make the final call on August 6, 2025, when they vote on whether to adopt the committee’s recommendation or pursue a rate hike. A History of Rate…

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Disaster Insurance in America: Can the INSURE Act Fix the System?

Marc
Disaster Insurance in America - INSURE Act

Schiff Reintroduces INSURE Act to Protect Homeowners and Stabilize Insurance Market What’s the INSURE Act? Senator Adam Schiff (D-California) is back with a bill he’s calling the INSURE Act—short for Incorporating National Support for Unprecedented Risks and Emergencies. The goal? To tackle the growing insurance crisis in disaster-prone areas like California, Florida, Texas, and Louisiana. Here’s the gist: The bill would create a federal reinsurance program. This program would require insurance companies to cover natural disasters like floods and wildfires. It would also cap how much insurers have to pay…

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California Insurance – The Battle Over Drone Insurance Practices

Ester Adams
Drone Inspection

California’s Insurance Drone Bill Aims to Balance Transparency and Innovation Drones surveying your roof? Satellites snapping photos of your backyard? It’s happening—and not everyone is thrilled about it. California’s Assembly Bill 75 (AB 75) is in the spotlight, tackling how insurance companies use aerial images in their decision-making. Intrusive surveillance or valuable innovation? Depends who you ask. AB 75’s Timeline The bill’s journey started in March 2025, introduced by Assembly member Lisa Calderon with backing from Insurance Commissioner Ricardo Lara. By May, it passed the Assembly Insurance Committee with unanimous…

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The Psychology of Risk: How Insurers Are Getting Inside Your Head

Nordstrom
Psychology of Risk

Risk. It’s everywhere. Crossing the street. Starting a business. Even deciding whether to buy insurance. But here’s the thing: not everyone sees risk the same way. Some people are thrill-seekers. Others? They won’t even jaywalk. And that’s where behavioral science comes in. Insurers are now diving deep into the psychology of risk. Why? To understand how we think, act, and make decisions. It’s changing everything—from how policies are priced to how they’re marketed. Let’s break it down. What’s Risk Tolerance, Anyway? Risk tolerance is basically how much uncertainty you’re willing…

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