SafeLease files a lawsuit against Storable regarding software access and secures a temporary injunction in Texas Business Court.

A Texas appeals court is currently examining a significant legal battle between the insurtech company SafeLease and the software provider Storable. This case is capturing attention due to its potential impact on data access and the rules governing software platforms in the insurance industry. On April 17, the Fifteenth Court of Appeals in Texas listened … Read more

Hays County, Texas Sheriff’s Office Seizes $220,000 Worth of ‘Cloned’ GMC Denalis

The Hays County Sheriff’s Office in Texas has made a significant recovery, retrieving four stolen GMC Denali trucks that had their vehicle identification numbers (VIN) cloned. This operation took place between April 4 and April 9, with the Sheriff’s Auto Theft Unit collaborating with the Hays County Tax Assessor’s Office and other agencies. These VIN-cloned … Read more

California has approved legislation to initiate a climate insurance innovation program.

The California Assembly Insurance Committee has taken a significant step by approving Assembly Bill 1236. This bill aims to establish the Climate and Sustainability Insurance and Risk Reduction Grant Program. The initiative is designed to create new insurance models that can better address the growing risks associated with climate change, particularly for communities at high … Read more

USAA reports an increase of 1 million new members and a rise in net worth.

USAA has announced impressive results in its 2024 annual report, highlighting significant growth in membership and a solid financial standing. The report, released on April 25, 2025, shows that the organization added 1 million new members last year, reflecting its commitment to serving military families with insurance, banking, and financial services. Juan C. Andrade, who … Read more

Four Essential Insurance Policies for Your Gift Shop Business

Running a gift shop can be a rewarding venture, but it comes with its own set of challenges. With nearly 64,000 gift shops operating across the United States, owners face risks like customer injuries and theft. Having the right insurance is essential to keep these businesses stable throughout the year. One effective solution for small … Read more

Markets/Coverages: The Hanover and Hagerty Collaborate to Offer Protection for Collector Cars

The Hanover Insurance Group has teamed up with Hagerty to offer specialized insurance for classic cars. This new product, called Hanover Collector Car, combines Hanover’s reliable insurance coverage with Hagerty’s expertise in handling collector vehicle claims and valuations. Currently, this insurance is available through Hanover’s independent agents in Michigan and Illinois, targeting both new and … Read more