Why Driving in New Jersey Is Becoming Almost as Expensive as Parking in Manhattan

G. Turner
New Jersey drivers

New Jersey’s Rising Auto Insurance Costs: History, Challenges, and What’s Next Once upon a time—not too long ago—New Jersey’s auto insurance market teetered on the brink of collapse. Premiums were sky-high (we’re talking highest-in-the-nation levels), and insurers were practically running for the exits. Throw in rampant fraud, legal wrangling, and a Wild West claims environment, and you had a perfect storm. Back then, lawmakers stepped in with targeted reforms to bring order to chaos. Rates stabilized, insurers stayed put, and residents could finally afford coverage. But here we are again,…

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No More Fine Print! Inside Florida’s Push for Honest Pet Insurance

Angela Linders
Florida's Pet Insurance

Florida’s New Pet Insurance Law Seeks to Protect Pet Owners and Their Pockets Florida’s furry friends just got a boost of support, and their humans might be breathing a sigh of financial relief, too. Starting January 1, 2025, a new state law establishes a regulatory framework for pet insurance, bringing long-awaited transparency and rules to a fast-growing sector. It’s not often lawmakers agree with such enthusiasm, but this bill passed both the House and Senate without a single dissenting vote. If you’ve got a tail-wagging buddy or a purring companion,…

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How this Healthcare Giant’s Challenges Could Change Insurance as We Know It

Angela Linders
unitedhealth stock drop and worries of ACA enrollment

UnitedHealth Group Stock Struggles Continue Amid Medicare and ACA Challenges UnitedHealth Group, a giant in the U.S. healthcare industry, has been navigating rough waters lately. You may have noticed headlines about their plummeting stock prices or whispers of trouble in Medicare Advantage plans and Affordable Care Act (ACA) marketplaces. But what does all this mean for you, the average healthcare consumer or investor? Let’s break it down in a way that makes sense without the corporate-speak. UnitedHealth’s Stock Slide Sparks Market Ripples Imagine this for a second. The largest health…

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California Homeowners Take on Big Insurers Over Alleged Conspiracy

Nordstrom
California Insurers Face Allegations of Collusion

California Insurers Face Allegations of Collusion in Wake of Wildfires California’s fiery start to the year has left a group of homeowners turning to legal action against some of the state’s largest insurance providers. Lawsuits filed in recent months accuse major insurers, including State Farm and Farmers Insurance, of conspiring to push homeowners in wildfire-prone areas toward the California FAIR Plan, a state-administered program meant as a last resort for those unable to secure traditional coverage. The allegations center on unfair business practices and antitrust violations, igniting a broader debate…

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Uber’s Multifaceted Push for New York Insurance Reform

G. Turner
New York Insurance Reform

Uber Technologies has embarked on a six-figure advertising marathon in New York, targeting lawmakers to address the tangled mess of the state’s insurance markets. With the insolvency of the city’s largest taxi insurer looming as one of the key culprits, Uber’s campaign is both a strategic and high-stakes move. Here’s what you need to know about this complex dance between tech, transportation, and insurance reform. What’s Driving Uber’s Big Ad Spend? Rising insurance costs have become a thorn in the side of Uber and its drivers in New York, one…

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New Tax Proposal Could Change How Life Insurance Companies Manage Their Money

Angela Linders
life insurance industry new rules

Breaking Down the Proposed Tax Changes A new law called the Secure Family Futures Act is shaking things up in the life insurance world. The aim of this proposed legislation? To modernize how life insurers are taxed on certain types of investments, like bonds. Right now, these investments fall under something called “capital tax treatment.” It’s a complicated rule that limits how much insurers can handle financial losses and reinvest in the economy. The proposed change would simplify things, making these investments taxable under ordinary rules and extending flexibility for…

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The Business of Big Rigs: Why Progressive Bets on Commercial Auto

Angela Linders
Progressive Insurance's launch of Cargo Plus

Progressive’s Cargo Plus Endorsement Expands Protections for For-Hire Truckers When it comes to trucking insurance, staying ahead of the curve means listening to the needs of drivers on the road. Progressive Insurance is doing just that with the launch of Cargo Plus, a new endorsement designed to provide stronger, more comprehensive coverage for for-hire truckers. Now available in 42 states, this addition is already making waves in the trucking community. What Is Cargo Plus, and How Can It Help Truckers? For truckers, disruptions like wetness, corrosion, or temperature swings can…

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