USAA’s Big Move UPDATED ARTICLE – USAA is making waves in Chesapeake, Virginia, with a major transformation underway. They’re completely renovating an existing 200,000-square-foot building to create a cutting-edge office space that will bring over 500 jobs to the area. The revamped facility will feature a state-of-the-art claims training center, fitness amenities, and even on-site dining. Fancy, right? Construction starts in 2026, but they’re already hiring to match their soaring membership. (They added over 1 million members last year!) But here’s the real story. It’s not just about USAA. It’s about…
Read MoreDay: June 16, 2025
California Auto Theft – Governor Newsom’s Massive Sting
California’s Bold Move to Recover Stolen Cars—and Why It Matters for Your Wallet California’s crime-fighting teams are on a roll. Imagine this. Nearly 4,800 stolen vehicles recovered. Thousands of arrests. A stash of guns off the streets. All this, thanks to Governor Gavin Newsom’s joint law enforcement push targeting some of California’s busiest—and sometimes riskiest—areas. We’re not just talking about crime stats here. This story has another layer. Your car insurance. How does stealing fewer cars impact your monthly premium? What can you do to ensure you’re covered if your…
Read More$275 Million and a Courtroom: What Went Wrong with Buffett’s Trust?
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…
Read MoreIs Illinois Health Insurance About to Include Hippotherapy
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…
Read MoreCalifornia Insurance News – The $100 Million Safety Net Reinforcing Mercury’s Competitive Edge
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…
Read More