Day: June 9, 2025

State Farm Processes Surge of Claims as Floods and Severe Storms Devastate Communities

Ben Jones
State Farm Catastrophe unit

Extreme Weather Strikes Hard, Leaves Destruction in Its Wake What’s going on with the weather lately? If you feel like the skies are angrier than usual, you’re not alone. Over the past couple of weeks, relentless storms have wreaked havoc across the U.S. and Europe, leaving devastation and a hefty insurance bill in their wake. Between May 29 and June 4, severe weather pounded the U.S., with Texas, Kansas, Illinois, and Missouri taking some of the hardest hits. Picture this: immense hailstones, raging floods, gusting winds, and even a powerful…

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Rising Builders Risk Insurance Cost Hits U.S. Construction Projects Amid Climate and Supply Chain Pressures

Guest Author
builders risk insurance costs

In 2025, the U.S. construction industry is facing a perfect storm of challenges. Alongside labor shortages and inflation, builders now find themselves wrestling with another escalating expense: insurance. Specifically, builders risk insurance cost has surged across the country, complicating budgets and timelines for both commercial and residential projects. Once seen as a manageable line item, builder’s risk insurance is now commanding far more attention — and raising tough questions about long-term project viability. It is why Management should think about seeking the advice of independent insurance consultants such as DeshCap…

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Easing Florida Home Insurance Costs One Tax Break at a Time

H. Cutner
tax break

Senator Rick Scott’s Push for Homeowners Insurance Relief Florida homeowners might soon see some relief from rising insurance costs if Senator Rick Scott’s proposal gains traction. He’s pushing for a federal tax break that would allow homeowners to deduct up to $10,000 annually for premiums paid on their primary residence’s insurance. The timing of this push? It’s no coincidence. The 2025 hurricane season is here, and Floridians are dealing with skyrocketing insurance rates. What’s the Aim of Scott’s Proposal? At its core, the plan seeks to ease the financial strain…

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Nationwide Insurance Faces Lawsuit Over Pet Insurance Cancellations

G. Turner
Nationwide Insurance pet insurance cancellations

Pet Parents vs. Nationwide: The Legal Battle Shaking Pet Insurance Nationwide Insurance, a household name for millions, is facing heat. When the company announced plans to cancel around 100,000 pet insurance policies, it left pet owners in shock, sparking outrage across social media. Some are calling the move unfair. Others? Downright heartbreaking. And now, it’s landed the insurance giant in court. What’s the Story? The lawsuit, which could balloon into a class-action case, alleges that Nationwide broke promises of providing lifelong insurance for pets. The complaints claim the company used…

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Why Your Health Insurance Should Make You Want to Surf in Hawaii

Logan B.
Hawaii

Hawaii’s Health Insurance Secret (And Why You Might Want to Move There) Ever wondered why health insurance costs can seem completely out of control? Well, there’s one place in the U.S. keeping things cool (besides the ocean breezes): Hawaii. Yep, the Aloha State doesn’t just have breathtaking views; it also has the lowest health insurance premiums in the country. And honestly, that’s just another great reason to pack up, grab a surfboard, and head to the islands. How Does Hawaii Do It? First things first, Hawaii has a law that’s…

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