Live Insurance News

Why Driving in New Jersey Is Becoming Almost as Expensive as Parking in Manhattan

April 22, 2025April 22, 2025 G. Turner

New Jersey’s Rising Auto Insurance Costs: History, Challenges, and What’s Next Once upon a time—not too long ago—New Jersey’s auto insurance market teetered on the brink of collapse. Premiums were sky-high (we’re talking highest-in-the-nation levels), and insurers were practically running for the exits. Throw in rampant fraud, legal wrangling, and a Wild West claims environment, and you had a perfect storm. Back then, lawmakers stepped in with targeted reforms to bring order to chaos. Rates stabilized, insurers stayed put, and residents could finally afford coverage. But here we are again,…

Live Insurance News Gives Families the Tools to Face the Unexpected with Free Family Emergency Organizer

April 17, 2025April 17, 2025 Angela Linders

Simplify Your Family’s Chaos with This Free Emergency Organizer Everyone’s Talking About Los Angeles, CA 4/17/25 – Live Insurance News, a trusted source for the latest insurance news and insights, is helping families stay prepared for life’s unpredictable moments by offering a Family Emergency Organizer Free eBook. This printable resource simplifies the task of organizing crucial personal and financial information, ensuring families are ready when it matters most. Be Prepared for Life’s Surprises Life doesn’t come with a playbook—but now it can have an organizer. Imagine this scenario: an unforeseen…

Chicago’s Crackdown on Rogue Towing Practices Gains Momentum

April 16, 2025April 16, 2025 G. Turner

Chicago is gearing up to get tough on predatory towing companies, a move hailed by insurance associations and consumer advocates alike. A new towing ordinance, sponsored by Alderman Gilbert Villegas, is advancing through City Council. Its promise? To wrestle control back from rogue operators who exploit drivers in vulnerable moments. Rogue Towing’s Whopping Impact on Drivers and Businesses Imagine this: you’ve just been in a fender-bender, your nerves are shot, and before you can blink, a tow truck pulls up uninvited. Sounds convenient at first, but then you’re handed a…

Is Your Pet Safe on Vacation? What You Need to Know About Travel Insurance

April 16, 2025April 16, 2025 Loreen

Traveling with My Dog and Pet Travel Insurance: What I Found Hi there, fellow pet lover! If you’re anything like me, your dog isn’t just a pet; they’re your adventure buddy, your family, and probably the star of your camera roll. I’m a proud dog mom with an itch for travel. Whether it’s exploring a new city or taking a road trip to nowhere, I always wished there was an easier way to combine my two great loves without compromising my pup’s safety (or my peace of mind). That itch…

5,000 Denials and Counting: Why Nevada Homeowners Are in Crisis Mode

April 15, 2025April 15, 2025 Ben Jones

Wildfire Risks Leave Nevada Homeowners Without Insurance Imagine opening a notice in the mail and discovering your home insurance has been canceled. For hundreds of homeowners in Nevada, this isn’t a hypothetical situation. Insurance companies, wary of increasing wildfire risks, are pulling out of high-risk areas, leaving families scrambling for coverage and, in many cases, coming up empty. A striking 481 homeowners in Nevada saw their insurance policies canceled or were denied renewal in 2023 due to wildfire risks. That’s an 82% rise compared to the previous year. What’s worse,…

Colorado’s Home Insurance Rules Echo the Affordable Care Act for Health Insurers

April 15, 2025April 15, 2025 Nordstrom

Colorado is rolling out major reforms to its home insurance market, and if the changes feel familiar, there’s good reason. The state’s new legislation bears a striking resemblance to the Affordable Care Act (ACA) in how it aims to ensure fairness and hold insurers accountable. But unlike health insurance, where metrics like medical loss ratios are more stable, applying similar rules to home insurance opens up a whole new set of challenges. What’s the 75% Rule All About? Under the new law, Colorado home insurers are required to spend at…

Tesla Insurance Tweaks Draw Mixed Reactions From Drivers and Insurers

April 14, 2025April 14, 2025 Angela Linders

Tesla’s Risky Move to Refine Risk Ratings Tesla Insurance Services Inc. has once again landed in the spotlight—but this time, it’s about subtraction, not innovation. The electric vehicle (EV) giant recently announced it would no longer use forward-collision warnings as part of its proprietary Safety Score Beta program. This comes on the heels of ongoing lawsuits alleging some controversial practices inflated premiums for Tesla drivers. The move raises eyebrows, not just for what it says about Tesla’s insurance ambitions but also for the broader debate on telematics and consumer privacy.…