Severe Weather Ravages Midwest, Leaves 27 Dead A brutal series of storms swept through the Midwest on May 16 and 17, 2025, leaving devastation and heartache in its wake. Tornadoes carved paths of destruction in Kentucky and Missouri, while hailstorms pounded parts of Illinois and Indiana. The death toll? A staggering 27 people lost their lives, with 18 deaths reported in Kentucky and 7 in Missouri. What caused all this chaos? It wasn’t just one type of storm. Kentucky bore the brunt of deadly, long-track tornadoes, particularly in Laurel County,…
Read MoreIs Your Gas App Selling Your Driving Habits
Free Apps Could Be Raising Your Car Insurance Rates Without You Knowing Did you know the free apps on your phone could be spying on your driving habits and selling that data to insurance companies? Apps like Life360 and GasBuddy, marketed as tools for tracking family safety or finding cheap gas, might be doing way more than you think. Atlanta resident Larry Johnson found this out the hard way. Johnson had been using Life360 to keep track of his family’s whereabouts. But when he was quoted unexpectedly high car insurance…
Read MoreWhen Insurance Costs Send US Homebuyers Packing
Rising Home Insurance Costs Are Shaking Up the Housing Market What’s scarier, buying a house or keeping it? For millions of Americans, the answer is shifting. Sure, mortgages are painfully pricey right now, but homeowners are facing another gut punch: skyrocketing insurance premiums. And the ripple effects are hitting the real estate and mortgage markets hard. Why Are Insurance Costs Exploding? Blame Mother Nature, inflation, and a dash of bad luck. Climate disasters have gone from something you hear about on the news to a regular, budget-busting reality. Over the…
Read MoreMemorial Weekend, Tariffs, and Theft: A Perfect Storm for Rising Insurance Rates
Could Tariffs and Cargo Theft Send Insurance Costs Through the Roof? Think cargo theft isn’t your concern? It impacts everyone. With commercial insurance premiums already on the rise, new tariffs could drive these costs even higher. Ultimately, businesses bear the brunt of these increases, and over time, some of those costs may trickle down to consumers through higher prices (hint: they always do). What’s Happening With Cargo Theft? Cargo theft isn’t some headline-grabbing crime you only see in movies. It’s real, and it’s expensive—for businesses, insurers, and the entire supply…
Read MoreSmarter and Faster Underwriting: Tech Revolution in Commercial Auto Insurance
The insurance industry is long overdue for an overhaul. For years, it has relied on legacy systems that struggle to keep pace with the evolving needs of agents and policyholders. These systems create ongoing challenges such as lengthy underwriting processes, slow quoting, and sometimes outdated risk assessment models. As a result, many independent agents are becoming increasingly frustrated, especially when speed and efficiency are more critical than ever. But with the constant developments in technology, the industry is seeing positive changes that are addressing these challenges. Advances in underwriting technology,…
Read MoreChubb Bails on LNG Project: A Turning Point in Insurance?
Chubb Drops Coverage for Controversial LNG Project, Raising Questions About Industry Trends Well, here’s a shakeup. Chubb, one of the world’s largest insurance providers, has decided to stop insuring the Calcasieu Pass LNG terminal in Louisiana. The move has people talking—not just about what it means for the Gulf Coast project, but the bigger picture for the insurance industry itself. Is this the start of something bigger? Maybe. Why’d Chubb Pull Out? Chubb’s decision comes after mounting concerns over methane emissions, community impact, and growing activist pressure. The company recently…
Read MoreEarthquake Insurance Isn’t Just for California Anymore
Earthquake Insurance in Missouri: Why People Are Taking Another Look How often do you think about earthquakes in Missouri? For most people, the answer is “not often”—or maybe even never. After all, it’s been more than 100 years since the last major earthquake rocked the New Madrid Seismic Zone. Yet, earthquake insurance is suddenly back in the conversation. Why? Rising risks, skyrocketing premiums, and the sense that you don’t want to be caught unprepared if disaster strikes. Here’s the kicker. The average annual cost of earthquake insurance in Missouri? $569.…
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