When Insurance Costs Send US Homebuyers Packing

Nordstrom
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…

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

Nordstrom
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…

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Smarter and Faster Underwriting: Tech Revolution in Commercial Auto Insurance

Guest Author
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 These systems create ongoing challenges such as lengthy underwriting processes, slow quoting, and sometimes outdated risk assessment models.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,…

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

Angela Linders
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…

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Earthquake Insurance Isn’t Just for California Anymore

Angela Linders
Earthquake insurance for Missouri

Earthquake Insurance in Missouri: Why People Are Taking Another Look How often do you think about earthquakes in Missouri? For most people, the answer is “not often”—or maybe even never. After all, it’s been more than 100 years since the last major earthquake rocked the New Madrid Seismic Zone. Yet, earthquake insurance is suddenly back in the conversation. Why? Rising risks, skyrocketing premiums, and the sense that you don’t want to be caught unprepared if disaster strikes. Here’s the kicker. The average annual cost of earthquake insurance in Missouri? $569.…

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State Farm and Allstate in the Hot Seat: What Really Happened at the Senate Hearing

Marc
State Farm and Allstate in the Hot Seat

Major Insurers Under Fire at Senate Hearing for Claims Practices It’s not just the smaller, Florida-domiciled insurance companies making headlines these days. Big names like State Farm, Allstate, and others found themselves in the hot seat during a Senate subcommittee hearing. Why? Allegations of altered damage reports, reduced payouts, and practices that some say border on fraud. The hearing on May 13 had it all—drama, political grandstanding, emotional testimonies, and even a rare apology from an industry giant. What’s Really Going On? Adjusters and policyholders didn’t pull any punches. They…

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Understanding the Battle Over Medicaid in the Senate and House

Nordstrom
what are the medicaid cuts mean and when

What Do the Proposed Medicaid Cuts Mean for the US Healthcare System? Medicaid. You’ve likely heard of it, but do you really know how it works? It’s not just a program for low-income families. Medicaid provides a critical safety net for seniors in nursing homes, people with disabilities, pregnant women, and children. It also fills gaps that Medicare cannot cover, like long-term care services in nursing homes. With more than 70 million Americans relying on Medicaid, any changes to the program ripple out, often in unexpected ways. Now, House Republicans…

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