Day: June 2, 2025

Personal Injury Lawsuits, Sky-High Verdicts, and Texas Insurance

H. Cutner
Texas Insurance Law and reform

Senate Bill 30 Fizzles in Texas Legislature, Raising Questions About Tort Reform’s Future Legislation aimed at limiting payouts in personal injury lawsuits came up short in the Texas Legislature. Senate Bill 30 promised to tackle what some call “nuclear verdicts” in Texas courts, but it didn’t survive to become law. What went wrong? Could it come back in a different form? And why did this bill provoke so much debate? A Look at Senate Bill 30 This was a proposed law designed to rein in those massive jury awards of…

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St. Louis Storm Victims Face Financial Hurdles with Escrow Ordinance

Angela Linders
St. Louis Storm victims

On May 16, 2025, a devastating storm wreaked havoc across St. Louis. Tornadoes tore through neighborhoods, leaving at least five people dead and injuring dozens. Over 5,000 homes were damaged, many beyond recognition. For homeowners struggling to rebuild, the natural disaster has been compounded by a little-known local ordinance. Here’s the deal. St. Louis holds onto 25% of insurance payouts in escrow until repairs are completed. Sounds manageable? Maybe on paper. But for people standing knee-deep in debris and staring at thousands of dollars in repair bills, it’s a different…

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North Carolina Home Insurance 7.5% Rate Increase Explained and What’s Coming in 2026

H. Cutner
North Carolina Home Insurance

North Carolina Homeowners Face 7.5% Insurance Rate Hike Starting This Month Starting June 1, homeowners in North Carolina will feel the pinch of a significant change. Insurance premiums are set to jump by 7.5%, tacking on about $243 more to an average annual bill. Why the increase? Think hurricanes, flooding, sky-high lumber prices, and labor costs. This increase is actually split into two parts—one happening now, and the other, another 7.5%, set to kick in on June 1, 2026, as part of the same settlement announced in January 2024. But…

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