$275 Million and a Courtroom: What Went Wrong with Buffett’s Trust?

Logan B.
Jimmy Buffett’s Trust and the court

The Battle Over Buffett’s Estate: A $275 Million Lesson in Trusts Jimmy Buffett’s $275 million estate is making waves. Not for its size, but for the drama. His widow, Jane Buffett, and co-trustee Richard Mozenter are locked in a bitter legal battle. The issue? Control, fees, and trust management. It’s messy. And it’s a cautionary tale for anyone planning their legacy. What Went Wrong? On paper, Buffett’s estate plan seemed rock solid. Most of his assets were placed in a marital trust for Jane’s benefit during her lifetime. Their three…

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Is Illinois Health Insurance About to Include Hippotherapy

Nordstrom
Illinois Insurance

Illinois Moves Towards Insurance Coverage for Horseback Therapy Could horseback therapy soon be covered by insurance in Illinois? That’s the question on many minds as Senate Bill 69 sits on Governor JB Pritzker’s desk, awaiting a signature to become law. If signed, certain Illinois insurance plans will be required to cover hippotherapy—a breakthrough for many individuals needing this unique form of treatment. What’s Hippotherapy, Anyway? Hippotherapy isn’t just riding horses—it’s physical, occupational, or speech therapy where a horse’s movement is used to support treatment. Think about it this way. Sitting…

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California Insurance News – The $100 Million Safety Net Reinforcing Mercury’s Competitive Edge

Ben Jones
California Insurance

Mercury General’s $100 Million Catastrophe Bond: Doing What Others Do—But When It Matters Big news, but let’s keep it real: issuing catastrophe bonds? That’s standard stuff for major insurance companies. It’s how they all spread risk. What sets Mercury General apart isn’t the “what”—it’s the “when,” and the “where.” A Proven Strategy, Deployed at the Right Time Cat bonds are like safety nets. Insurers sell them to investors. If disaster hits—wildfires, earthquakes, you name it—the money goes to the insurer to help pay claims. If not? Investors take home their…

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When Anxiety Hurts: The FIC Connection in Cats

G. Turner
cat insurance cat health

Scaredy Cats? It Might Be More Than Anxiety Have you noticed your cat hiding when strangers visit? Or acting super skittish over the smallest things? It’s easy to brush these behaviors off as quirks, but they could be a sign of something more serious. Researchers in Canada are shedding light on a mysterious condition called feline idiopathic cystitis, or FIC, and it seems anxiety might not only warn us about it—but also cause it. What Exactly Is FIC? First things first. FIC is a disease that affects a cat’s lower…

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Rhode Island Faces Record-High Health Insurance Rate Requests

Tate Ellison
insurance news 1

A Financial Blow for Rhode Islanders Brace yourselves, Rhode Island. Health insurers are asking for the steepest rate increases in over a decade. The Office of the Health Insurance Commissioner (OHIC) recently revealed that insurers are requesting rate hikes of over 20% for 2026. For individual buyers, Blue Cross Blue Shield of Rhode Island (BCBSRI) is leading the pack with a jaw-dropping 28% increase request. Yes, you read that right—28%. What does this mean for you? Higher premiums. More strain on your wallet. And for businesses? A heavier financial burden…

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No More Waiting: Missouri Waives Insurance Holdbacks for Tornado Relief

G. Turner
Missouri Insurance payouts home and rebuilding

Mayor Spencer’s Big Move: Waiving Insurance Holdbacks Missouri’s been through it. Tornadoes ripped through the state, leaving destruction in their wake. But there’s a glimmer of hope. Mayor Cara Spencer has stepped in with a bold executive order to help victims rebuild faster. On June 3, 2025, tornadoes devastated parts of Missouri. Independence, De Soto, and surrounding areas were hit hard. Trees snapped like matchsticks. Homes were battered. Lives turned upside down. In De Soto alone, over 50 structures were damaged, with 12 completely destroyed. The tornado’s path stretched for…

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State Farm’s Wildfire Claims Spark New Investigation by California Regulators

G. Turner
state farm financials

California Investigates State Farm Over Wildfire Claims California’s Insurance Commissioner Ricardo Lara has newly launched a formal investigation into State Farm. Why? Complaints. Lots of them. Survivors of the January 2025 Palisades and Eaton wildfires are fed up. They’re accusing the insurance giant of delays, denials, and endless paperwork. It’s left many frustrated, financially strained, and emotionally drained. The wildfires were catastrophic. Over 16,000 buildings destroyed. Thirty lives lost. Thousands displaced. These fires weren’t just another disaster—they were among the costliest in U.S. history. And now, survivors are saying their…

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