Category: Top Read Articles:

These are the 5 top read insurance articles this week!

How Fake Basquiat Paintings Sparked a $19M Insurance Battle and What It Means for You

Tate Ellison
Fake Basquiat Paintings

How the Basquiat Forgeries Shed Light on Art and Insurance The art world is buzzing with news of an ongoing $19.7 million legal battle involving Liberty Mutual Insurance Company, Great American Insurance Company, and the owners of a collection of fake Jean-Michel Basquiat artworks. While it may sound like a story for wealthy collectors and fancy museums, it also holds valuable lessons for everyday homeowners who own—or hope to own—art. The case began when the FBI seized 25 works claimed to be by Basquiat from the Orlando Museum of Art…

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Why Home Insurance Is Becoming Unaffordable for Many Americans

Logan B.
Unaffordable Home Insurance

Homeowners Insurance Under Pressure Amid Climate Challenges The rising costs of living are hitting homeowners hard in unexpected ways. A newly released report by the U.S. Department of the Treasury’s Federal Insurance Office (FIO) shines a spotlight on a troubling trend—home insurance is becoming not only more expensive but also increasingly challenging to obtain. This comes as climate-related disasters continue to test the resilience of both insurers and customers. Here’s what this comprehensive study reveals and how it impacts millions of Americans. Rising Costs of Homeowners Insurance If you’ve noticed…

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State Farm Pulls The Plug on Super Bowl Ad

Marc
State Farm

State Farm Cancels Super Bowl 59 Ad Amid L.A. Wildfires State Farm has made a significant decision to pull its planned Super Bowl 59 ad and postpone a campaign tied to Apple TV+ drama Severance. The move comes as wildfires continue to ravage Los Angeles, prompting the insurer to redirect its resources and focus toward supporting affected communities. The announcement signals a deeper commitment to addressing the immediate needs of customers rather than competing in the high-stakes advertising arena of the year’s biggest sporting event. Super Bowl Ads Take a…

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Unpacking Citizens Insurance Rate Increase Delays

H. Cutner
Citizens Insurance

Florida Citizens Property Insurance Rate Hikes Remain Unresolved Amid Policy Shifts Florida’s largest government-backed insurer, Citizens Property Insurance Corporation, is dealing with unfinalized rate hikes for 2025. Initially proposed by the Board of Governors in June 2024, the increases include an average 13.5% rate hike for homeowners’ multi-peril coverage and 14.2% for condominium policies. However, with no formal decision from the Office of Insurance Regulation (OIR) as of January, these adjustments may not take effect until at least May 2025. The delay leaves policyholders in uncertainty. Citizens’ President and CEO,…

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How Thinking Like Warren Buffett Can Help You Live a Longer Life

Loreen
Warren Buffet and long life

The Mental Blueprint for Longevity Longevity has always been a topic of fascination, with many attributing it to balanced diets, regular exercise, and cutting-edge health technologies. However, new insights suggest that the secret to a long life may lie more in the mind than in the body. Optimism, positivity, and mental resilience are emerging as powerful predictors for a lengthy and fulfilling life. Recent studies and perspectives shed light on how our mental outlook plays an essential role in aging gracefully. Mental Health and Longevity: The Hidden Connection Research increasingly…

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