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Insurance rate dereg, Redux

9 hours ago ago from Best Miami News

Rep. Bill Proctor and Sen. Mike Bennett are reviving their attempt to deregulate large private property insurers' rates this time with proposed legislation that would open up the rate deregulation for all private insurers, big and small. Proctor, R-St. Augustine, filed HB 447 this morning and is planning a press conference with co-sponsor Bennett, R-Bradenton, at noon in the Capitol. Their legislation last year passed the Senate and ...

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Debate starts on property insurance rate deregulation

4 hours ago ago from House Keys: Buying, selling, insuring your property | Sun-Sentinel Blogs

Florida lawmakers on Tuesday unveiled legislation that would strip state regulators' ability to reject most property insurance rate hikes. A version of the bill that would have allowed large insurers to essentially charge what they want was passed by the Florida House and Senate this year and vetoed by Gov. Charlie Crist. Rep. Bill Proctor , R-St. Augustine, filed a new version Tuesday for the annual legislative session that starts in March. ...

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State Farm Auto Insurance Rate

8 hours ago ago from Insurance Chronicles

Whether we want to start your search for the state farm auto insurance texas to keep the state farm auto insurance card and look at that are favorable or unfavorable regarding the auto insurance coverage in effect, try talking with the state farm auto insurance rate and knowing they have had. What is your only source of information is regarding the state farm auto insurance california is divided into sections. The level of risk determined? ...

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Bennett proposing change to homeowners’ insurance

10 hours ago ago from One Property Management Blog

Sen. Mike Bennett, R-Bradenton, is again proposing what he calls the “Consumer Choice” bill, which he asserts would allow consumers to decide for themselves if they prefer a private home insurer offering market-based rates. Bennett’s bill is slated for consideration during the spring session of the Florida Legislature. However, an official representing a consumer group is already questioning whether the bill is meant instead to allow big ...

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Florida's Citizens Property Insurance to Increase Rates

10 hours ago ago from Orlando Health Insurance |

State Owen, reinsurance has recently received permission to increase their rates across the entire state property insurance coverage, in some places by as much as 10%. The average rate increase across the state will be 5.4% with coastal homes paying 7.3% more than a large number of inland homes paying 10% more. This rate increase will affect approximately one million Florida reside who rely upon Citizens for their home coverage. While ...

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NC utilities panel agrees to Duke Energy increase

5 hours ago ago from U.S. News

NC utilities panel agrees to Duke Energy increase RALEIGH, N.C. (AP) -- North Carolina regulators have signed off on a plan in which Duke Energy Corp.'s 1.8 million electric customers in the state will see their bills go up next month and rise 7 percent on average over the next two years - nearly half the increase originally sought by the utility. The North Carolina Utilities Commission approved a two-step agreement to let Duke Energy raise ...

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Insurance.com RateWatch: Car Insurance Rates Dropped Significantly in 2009

13 hours ago ago from Good News Now

CLEVELAND, Dec. 8 /PRNewswire/ -- Insurance.com, the largest independent online auto insurance agency in the United States, today released its RateWatch report, which found that car insurance rates across the nation declined 3.5 percent in 2009 to $1,803 per year. After dramatic rate increases of 8 percent in 2008, the rate cuts this year allowed savvy auto insurance shoppers to save money on premiums by purchasing new policies. According to ...

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Number of people in U.S. prisons growing more slowly

5 hours ago ago from Washington Post - U.S.

The number of people in U.S. prisons has grown at the slowest pace in nearly a decade, according to figures released Tuesday by the Bureau of Justice Statistics. The study also found that incarceration rates in 30 states declined last year. Across the country, states are sending fewer people to prison as they grapple with a severe economic recession. Last year, the number of people sent to prison was down 0.5 percent from the previous year, ...

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Congress readies huge year-end spending bill

6 hours ago ago from Good News Now

WASHINGTON -Senior lawmakers are wrapping the budgets of nine Cabinet agencies into a $1.1 trillion spending bill they hope to complete by Christmas, a top Democrat said Tuesday. The measure would combine six of the dozen annual appropriations bills for the budget year that began Oct. 1. It combines a huge increase in foreign aid with an 18 percent cut to a program that helps states with the cost of incarcerating criminal illegal immigrants. ...

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Medallia Customers Increase Market Value 10X Faster Than S&P 500

14 hours ago ago from Good News Now

MENLO PARK, Calif., Dec. 8 /PRNewswire/ -- Medallia, the global leader in software-as-a-service Customer Experience Management (CEM) solutions, today announced its seventh consecutive year of revenue growth. Year-over-year, Medallia grew its revenue by 38% and significantly expanded its customer base -- which includes Fidelity, Gold's Gym, Hilton, Hyatt and Sephora, among others -- and maintained a 99 percent renewal rate in 2009. Medallia's ...

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