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State Farm drops plans to withdraw from Florida
14 hours ago ago from Insurance News
TALLAHASSE, Fla. – State Farm Florida dropped its plan to withdraw from the property insurance market in hurricane-prone Florida on Wednesday as part of a settlement with state regulators that includes an average 14.8 percent rate increase for homeowners and condominium owners. The agreement also lets the insurer, which wants to reduce exposure to the greatest storm risks, not renew about 15 percent of its policies. The deal ...
Related contentCivil Forfeiture: A New Tool to Balance State and Local Budgets
20 hours ago ago from Asset Protection BLOG - Mark Nestmann
While the talking heads on television declare the recession over, in the meantime, state and local governments face record deficits. Here in Arizona, our state budget deficit represents more than 50% of anticipated 2010 revenues. And while Arizona faces perhaps the largest per-capita budget shortfall in the United States, many other states have a similar funding crisis. Unfortunately, there are very few politically expedient ways to ...
Related contentState Farm decision to stay preserves thousands of Collier, Lee policies
21 hours ago ago from Naples Networking
Thousands of Southwest Florida homeowners may not have to shop for property insurance after State Farm Florida Insurance Co. dropped plans Wednesday to exit the state, reaching an agreement with regulators to raise rates by 14.8 percent.
Related contentALG Urges House to Reject $154 Billion Bankrupt State Bailout
1 day ago ago from Press Releases
"I urge you to vote no on this legislation, which will raid TARP funds in a kickback to public sector unions that donated generously to your campaign coffers." ALG President Bill Wilson December 16 th , 2009, Fairfax, VA Americans for Limited Government President Bill Wilson today in a letter urged members of the House to reject the bailout of state governments with taxpayer funds paid back by banks through the Troubled Asset ...
Related contentNOTICE: As much as 40 percent of all land in the United States is already under some form of government control or ownership — 800 million to 900 million acres out of America’s total 2.2 billion acres.
12 hours ago ago from InvestmentWatch
Citizens Fighting Back Against Government In Eminent Domain Cases quote The government now appears poised to wield greater control over private property on a number of fronts. The battle over private property rights has intensified since 2005, when the Supreme Court ruled in the Kelo v. City of New London case that the government could take property from one group of private landowners and give it to another. Outraged over that ...
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Howard Dean Turns on Senate’s Latest Health Care Overhaul Bill - Washington Wire - WSJ
23 hours ago ago from Wall Street Journal
By Susan Davis Howard Dean, the former Vermont governor and Democratic National Committee chairman, attacked the Senate's latest version of the health overhaul bill a further signal that Democrats are losing their liberal flank as the bill progresses on Capitol Hill. If I were a senator, I would not vote for the current health-care bill, Dean, a physician, writes in an editorial in todays Washington Post . Any measure that expands ...
Related contentStates Scramble to Close New Budget Gaps
10 hours ago ago from Wall Street Journal
The patches used by states on their ailing budgets just months ago are now failing. Ohio lawmakers were expected late Thursday to vote on a compromise reached with Gov. Ted Strickland to avoid cutting education budgets an average of 10% on Jan. 1. In Arizona, lawmakers met in a special session Thursday -- their fourth on the budget this year -- to grapple with a new deficit. And in New York, Democratic Gov. David Paterson said Sunday he ...
Related contentScandals' domino effect shakes Ga. GOP leaders
23 hours ago ago from U.S. News
Scandals' domino effect shakes Ga. GOP leaders ATLANTA (AP) -- What's going on at the Georgia Statehouse these days? The House speaker, who tried to kill himself by swallowing pills, stepped down amid allegations of an affair with a lobbyist. A lawmaker who wants to succeed him admits that the IRS investigated tax legislation he sponsored that saved the governor thousands of dollars. And a lawsuit criticizes the state's insurance ...
Related contentGerman Upper House Approves Stimulus Bill
2 hours ago ago from Wall Street Journal
BERLIN -- Chancellor Angela Merkel won an important victory Friday as the German upper house of parliament approved a bill that seeks to pump an additional 8.5 billion ($12.19 billion) of fiscal stimulus into the economy next year. The bill, known as the Rapid Economic Stimulus Law, is the first major project of Ms. Merkel's new center-right government. It aims to bolster the country's recovery from recession and foresees tax relief for ...
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