California State

A recent study, which analyzed data from tens of millions of mortgage escrow payments, offers new insights into the challenges of access and affordability in the homeowners markets, as climate change-driven disasters are putting significant pressure on the industry across the West and the broader United States. The study, which...

Rising reinsurance costs propelling homeowners insurance to new heights

The Biden administration said on Wednesday that Medicare enrollees will pay less for 64 prescription drugs available through Medicare Part B. The savings are part of a program established with the Inflation Reduction Act in 2022 and is meant to rein in drug price hikes — a key goal of the Biden Administration.

The Biden administration is lowering the price of 64 prescription drugs with inflation rebates

Indiana State

Worker shortages have eased a bit, but companies still look closely at quality of life when choosing a location that will attract skilled employees. CNBC’s annual ranking of state business climates considers quality of life among ten categories of competitiveness. Quality of Life metrics include Crime, Child Care, Health...

These are America's 10 worst states for quality of life in 2024

New York State

Progressive Insurance has agreed to a $48 million settlement to resolve Volino et al v. Progressive Casualty Insurance Co et al, a class action lawsuit alleging that the insurer systematically undervalued claims made by New York drivers whose vehicles were totaled. Policyholders contended that the company employed third-party software that...

Progressive in huge settlement with policyholders

New Jersey State

MotorBiscuit


Geico agrees to pay some policyholders a collective $2 million. 
The post Geico Agrees to $2 Million Settlement With 33,000 Customers appeared first on MotorBiscuit.

Geico Agrees to $2 Million Settlement With 33,000 Customers

Detroit, MI

Detroit is the most affordable city for Black families in the U.S. While the current housing market is unaffordable for many American households, recent data show underrepresented communities are even more affected by the state of the market. According to real estate data tracker Redfin, the average Black family can afford a starter home in just 10 of the 50 most populous U.S. metros. Comparatively, the typical white family can afford a starter home in 32 of these metros.

As Starter Homes Become Increasingly Difficult to Afford, Black Households Are at an Even Greater Disadvantage

Rhode Island State

DC News Now

For those who have long suspected that drivers in their city may be the worst in the U.S., this ranking is for you.

These cities have the riskiest drivers in the U.S., study finds

The Center Square

(The Center Square) - California’s gas prices are the highest in the nation after a July 1 gas tax increase. The state’s gasoline is even more expensive than that of Hawaii, which has no oil production and must ship its fuels across the Pacific Ocean.
                California gas prices are at $4.79 per gallon for regular-grade fuel, higher than Hawaii, where fuel is $4.69 per gallon, and Washington, where fuel is $4.29 per gallon. On July 1, California gas taxes increased to 59.6 cents per gallon,...

​​​​​​California gas prices highest in nation after July 1 gas tax increase

Axios

In Las Vegas Tuesday, President Biden is expected to call for legislative action to curb landlords' ability to raise rents, administration officials told reporters Monday afternoon. Why it matters: Rents have skyrocketed over the past few years, contributing to high inflation and putting enormous strain on renters. "Families deserve housing...

Biden to propose capping national rent increases at 5%

Florida State

Homeowners value the opportunity to create their own personal sanctuary. This can include reducing their energy consumption and the impact their home makes. Some in Florida are getting protections for those freedoms. As detailed in the Daytona Beach News-Journal, Florida Gov. Ron DeSantis signed a bill that limits homeowners associations' control and may fine them for excessive rules on residents.

New law grants homeowners a 'Bill of Rights' — here's how the changes affect you and your property

Plaintiff Jeremy Schulman is appealing a district court decision that granted summary judgment to defendants AXIS Surplus Insurance Company, Endurance American Specialty Insurance Company, and Prosight Syndicate 1110 at Lloyd’s (collectively, “the carriers”). Schulman alleges the insurers wrongfully denied his claim for coverage under his law firm’s professional liability insurance policy, resulting in a breach of contract, detrimental reliance, and lack of good faith.

Insurance carriers win professional liability case

Texas State

Latin Times

The share of immigrants in the workforce has grown steadily over the last 15 years and more rapidly since 2020 as immigrants have returned to work more quickly post COVID-19 than their U.S.-born counterparts. As the U.S. economy increasingly relies on migrant labor, a new study by Brookings shows which states and occupations may see the highest need of foreign-born labor in the years to come.

California, Texas and New York among top states projected to have highest demand for work visas by 2030


The settlement applies to certain total loss claims going back to 2015.
The post Progressive Settles Vehicle Total Loss Underpayment Lawsuit for $48 Million appeared first on MotorBiscuit.

Progressive Settles Vehicle Total Loss Underpayment Lawsuit for $48 Million

McPhersonBuzz News

Settlement Details: Reimbursing Consumers for Excessive Late Fees Consumer Options and Final Approval Hearing According to The U.S. Sun, $5.5 million class action settlement involving Southern Wine and Spirits aims to reimburse Americans who were unfairly charged excessive late fees on purchases of wine, beer, or liquor. Filed by Wiseman Park, LLC the lawsuit alleged that […]

$5.5M Settlement: 10-Figure Payout for Americans Overcharged by Southern Wine and Spirits!

WashingtonExaminer

President Joe Biden is pushing for Congress to make it so corporate landlords have to cap rent increases on existing units at 5% or lose prized tax breaks. The push, which would almost certainly not happen given Republican control of the House, comes in a fierce election year in which housing affordability has rankled consumers. […]

Biden to call for corporate landlords to cap rent increases at 5%

Small Business Trends

With grants of up to $50,000 up for grabs, apply as soon as possible to give yourself the best chance at winning one of the many offerings.

In the News: Up to $50,000 in Grants for Your Small Business

Hawaii State

COURTESY KANOA WINDS INC. Kanoa Winds’ planned small-scale wind turbines look like two vertical cylinders in a metal frame when spinning. 1 /1 COURTESY KANOA WINDS INC. Kanoa Winds’ planned small-scale wind turbines look like two vertical cylinders in a metal frame when spinning. Small-scale wind turbines that...

Alternate technology to make electricity from wind proposed for Hawaii

Nevada State

USA TODAY

Corporate landlords would lose the ability to write off depreciation values from their units if they increase tenants' rent more than 5%.

Biden to call for 5% cap on annual rent increases, a critical issue for voters

Car insurance companies use a range of factors to calculate a driver’s rates, including their age, driving history, and credit score. Young drivers, people with blemishes on their driving records, and others often pay way more for insurance than people with different risk profiles. MarketWatch recently studied insurance rates for people who fall into those high-risk categories and found that while some pay exorbitant amounts to cover their vehicles, certain insurers are more lenient than others.

Cheapest insurance companies for 'high-risk' drivers

The Federal Housing Finance Agency (FHFA) has announced a set of tenant protections for multifamily properties financed by Fannie Mae and Freddie Mac beginning Feb. 28, 2025. This is the first time that tenant protections will be a standard component of multifamily financing by the government-sponsored enterprises (GSEs). They are being implemented after FHFA’s ongoing engagement with market participants and key stakeholders on tenant issues.

FHFA Announces Multifamily Tenant Protections for GSE Financing

NewsBreak

Map: Here’s where Allstate wants to raise California homeowners’ insurance rates

In yet another sign of instability across California’s home insurance market, Allstate is seeking to raise policyholders’ premiums by an average of 34%. The insurance giant,...

Map: Here’s where Allstate wants to raise California homeowners’ insurance rates

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