Author: Tate Ellison

Florida’s Home Insurance Crisis Deepens Amid Revelations of Financial Practices

Tate Ellison
Florida’s Home Insurance Crisis

Lawmakers Begin Scrutiny of Insurance Industry Practices Florida’s property insurance market has been a focal point of concern for years, with homeowners facing skyrocketing premiums and limited options. However, new information has surfaced, shedding light on financial practices within the insurance industry that raise serious questions about transparency. A report from March 2022, commissioned by the state’s Office of Insurance Regulation, has now become central to this discussion. Though it was completed over a year ago, it wasn’t made public at the time. It was only obtained recently through a…

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Texas Class Action Lawsuit Accuses GEICO of Failing to Honor Accident Forgiveness Program

Tate Ellison
Accident Forgiveness Program

A class action lawsuit has been filed against GEICO in Texas, claiming the insurance giant misrepresented its Accident Forgiveness program, resulting in significant financial hardships for some policyholders. The lawsuit, brought by Texas resident Christopher Cude on February 25, alleges that GEICO raised his auto insurance premium by over 91% following a minor, first at-fault accident involving his wife. According to court documents, Cude’s premium increased from $1,358 to $2,664 upon policy renewal, despite the fact that his policy included Accident Forgiveness, which GEICO promotes as a safeguard against rate…

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State Farm, Allstate, and the New Goldmine in Pet Insurance

Tate Ellison
Pet insurance

Pet Insurance Market Growth Accelerates: A Look Ahead When most people think about insurance, their minds turn to health, auto, or homeowners’ coverage. But a fast-emerging segment is poised to redefine the industry—and it’s for our furry friends. The pet insurance market is rapidly expanding, reflecting a growing trend in how people prioritize their pets’ health. According to Metatech Insights, this market generated $10.8 billion in premiums in 2024 and is set to soar to $38.3 billion by 2035 at an annual growth rate of 12.2%. This dramatic shift highlights…

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What Happens to 9,000 Burned Homes? Inside the Massive Cleanup After the Eaton Fire

Tate Ellison
Eaton Fire

Eaton Fire’s Devastating Impact The Eaton Fire, which ignited late on January 7, 2025, under fierce Santa Ana wind conditions, has left an indelible mark on Altadena and its surrounding communities. Covering over 14,000 acres, the wildfire destroyed a staggering 9,418 structures, damaged another 1,073, and claimed 17 civilian lives. Though containment has reached 95%, the scarred landscape and displaced residents paint a grim picture of the fire’s aftermath. The fire’s origins remain under investigation, with recent video footage suggesting potential electrical activity near the ignition point. Meanwhile, local utility…

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Super Bowl Ads Take a Backseat as State Farm and FireAid Put Communities First

Tate Ellison
Los Angeles wildfires homes and cars totaled

State Farm Reallocates Super Bowl Ad Budget to Support Californians Impacted by Wildfires Southern California continues to deal with the destruction caused by widespread wildfires, which began on January 7, 2025. Amid these challenges, State Farm has decided to redirect its Super Bowl advertising budget to initiatives aimed at helping those affected by the disaster. The company’s efforts include expediting claims, offering premium payment extensions, and deploying their Catastrophe Response Team to provide ground-level assistance. This initiative, combined with the upcoming FireAid benefit concert, highlights a broader focus on supporting…

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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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Busting Common Misconceptions About FEMA Relief for California Wildfires

Tate Ellison
FEMA Relief for California Wildfires

FEMA Addresses Common Misconceptions While Supporting Los Angeles Fire Victims Federal and State Agencies Join Forces to Aid Wildfire Survivors The recent hurricane-force firestorm in Los Angeles County has left behind a devastating trail, affecting thousands of residents and businesses. With President Joe Biden’s swift approval of a Major Disaster Declaration and California Governor Gavin Newsom’s all-in response, federal and state agencies are working together to provide immediate and long-term relief to those impacted. However, as FEMA rolls out its assistance programs, several misconceptions about their services continue to circulate,…

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