Day: May 20, 2025

GEICO, Manufacturers, and the Legal Tug-of-War Over Driverless Liability

Nordstrom
GEICO Autonomous Vehicle Insurance

The Future of Insurance Is Autonomous Insurance is changing, and fast. Thanks to self-driving cars, the world of traditional auto insurance is facing a major makeover. Think about it–if there’s no driver behind the wheel, who’s responsible for an accident? That’s the big question. Insurers are shifting gears, focusing less on drivers and more on the tech that powers those autonomous vehicles. Welcome to the era of product liability and errors & omissions (E&O) insurance. GEICO, one of the giants in the insurance world, is already prepping for this shift.…

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Why Mortgage Companies Are Eyeing the Weather More Than Ever

Marc
Mortgage Companies

Is Climate Change About to Shake Up Mortgages and Insurance? What if buying a home in a wildfire zone hurt your credit? Or if living near the coast made your mortgage rates skyrocket? It’s not just a wild idea anymore. A new report from First Street, a climate risk financial modeling firm, says it’s time for lenders to rethink how they evaluate creditworthiness. Right now, they’re missing a big piece of the puzzle. One word: climate. Why does climate change matter when it comes to mortgages? Think about it. Wildfires,…

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Colorado Wildfire Season – Can a New Bill Bring Relief?

Marc
Colorado Wildfire Season

A Bold Move to Tame Wildfires and Tackle Insurance Woes Wildfire season. Two words that strike fear into the hearts of homeowners in Colorado and across the West. But a new bill, the “Fix Our Forests Act,” aims to give folks some relief—not just from the fires themselves but also from the mounting financial strain on wildfire insurance. Led by Senator John Hickenlooper of Colorado, the bill is designed to prevent wildfires before they start. It pushes for faster forest management projects, like prescribed burns and selective logging, to tackle…

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