Undocumented and Insured? Louisiana’s Controversial Insurance Bill

Logan B.
Louisiana's Controversial Insurance Bill

Louisiana Lawmakers Debate Controversial Insurance Bill What happens when someone who’s undocumented gets into a car accident in Louisiana? It’s already complicated, but House Bill 436 might make it even more so. The bill, sponsored by Rep. Gabe Firment (R-Pollock), aims to prohibit undocumented immigrants from recovering insurance payouts for general damages like pain and suffering. Why? Firment says it’s a way to tackle Louisiana’s auto insurance crisis and discourage undocumented immigration. The bill recently cleared the Senate Committee on Judiciary A with a 4-3 vote, following strict party lines. Now, it’s…

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Credit Scores vs. Insurance Scores: What They Mean for Your Premiums

Angela Linders
Credit Scores vs Insurance Scores

Why Insurance Scores Are Sparking New Trends in Telematics Programs Ever wonder how your insurance score affects your premiums? Or thought about switching to one of those telematics programs you’ve been hearing about? You’re not alone. Lately, a curious trend has emerged in the insurance world. Consumers with low insurance scores are back to shopping around for better deals after a lull that began in 2021. What’s driving the change, and how could programs like State Farm’s Drive Safe & Save or Progressive’s Snapshot shake things up even more? Spoiler…

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Why a Florida Insurer’s IPO Is Turning Heads in a Risky Market

G. Turner
Florida Insurer American Integrity

Florida’s American Integrity Insurance Goes Public in $110M IPO It’s not every day a Florida property insurance company takes a leap into the public market. But on the New York Stock Exchange, Tampa-based American Integrity Insurance Group just made history. The company raised $110 million through its initial public offering (IPO), becoming Florida’s first insurer to go public in over five years. Why is this such a big deal? For one, the Florida property insurance market hasn’t had it easy. Remember the hurricanes of 2004 and 2005? Those storms created…

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For Sale, With Strings Attached: The Hard Truth About Alabama Beachfront Condos

Nordstrom
Alabama Beachfront Condos

Alabama’s Gulf Coast Condo Market Braces for a Tough Ride The sun-kissed shores of Gulf Shores and Orange Beach still draw plenty of Louisianans craving sugar-white sands and laid-back vibes. But while the beaches remain a weekend staple, the condo market along Alabama’s Gulf Coast is facing a wave of challenges that’s left buyers, sellers, and real estate agents all staring down mounting obstacles. Sure, Baldwin County is one of the fastest-growing metros in the U.S., but condo sales? They’ve taken a nosedive. Numbers from the Alabama Center for Real…

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Can We Fix California Home Insurance Gaps Without Pointing Fingers?

G. Turner
California Home Insurance Gaps

Home Insurance in California: Finding the Right Balance Wildfires don’t just burn homes; they upend lives, leaving emotional and financial scars. And for many Californians, the shock doesn’t end when the flames die down. It hits again when they realize their insurance isn’t enough to rebuild. Tough, right? Fixing the underinsurance problem is crucial, but here’s the thing—we’ve got to talk about the trade-offs. Because better coverage? It might mean higher premiums for homeowners. The Push for Smarter Coverage California’s leaders are trying to shake up how insurance works in…

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State Farm’s 17% Rate Hike Gets Judge’s Nod and Commissioner’s Approval

Marc
State Farm's Proposed Rate Hike

State Farm Looks to Raise Rates by 17% for California Homeowners California’s largest insurance provider, State Farm General, wants to raise homeowner insurance rates by 17%. Why? The company says devastating financial losses from the January 7 Los Angeles fires, combined with their already-thin financial cushion, forced their hand. Today, agreeing with this explanation, Administrative Law Judge Karl Frederic Seligman endorsed the move, calling it a “rescue mission” for State Farm’s finances. But here’s the thing—this isn’t a done deal yet. California Insurance Commissioner Ricardo Lara holds the keys to…

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From 55+ to Everyone: The Push to Broaden Minnesota Auto Insurance Savings

Logan B.
Minnesota Auto Insurance Savings

Minnesota’s Insurance Rules Are About to Get a Big Shake-Up. Here’s How Insurance discounts are great, right? But who actually qualifies for them in Minnesota? Currently, drivers 55 and older can save at least 10% on their car insurance premiums if they complete a state-certified accident prevention course. It’s all thanks to Minnesota Statutes §65B.28, which ensures older drivers who actively work on their road safety skills get rewarded. But what about everyone else? That’s what House File 3290, a new bill in the Minnesota legislature, is trying to address.…

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