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State Farm is Staying in Florida
20 hours ago ago from Insurance News
I was more than a bit surprised to see the recent announcement that State Farm has decided to stay in the Florida homeowners insurance market. Early this year, the Florida insurance commissioner refused State Farm's request for a 67% rate increase, and State Farm's response was to take their ball and bat and go home, by choosing to non-renew its 800,000+ policyholders (it planned to still write auto insurance). Well, Florida blinked, and ...
Related contentHow the Florida Legislature Gets You to Pay the Home Insurance Bills of Others
41 minutes ago ago from My Insurance Policy
After Hurricane Andrew and continuing to this day, Florida home insurance companies have continued to pull out of the state or seek significant rate increases. Why? Because both Florida homeowners insurance companies and state regulators can't seem to agree on the right amount that consumers should pay for the hurricane portion of their Florida home insurance bill. So starting in the 1990's, the State of Florida started to charge special ...
Related contentFlorida Insurance - What You Can Do to Avoid Future Home Insurance Rate Increases
14 hours ago ago from Auto Insurance :: Health insurance
The recent Florida property insurance law passed by the Florida Legislature and signed by Governor Charlie Crist was an important step towards improving the financial stability of the Florida insurance system. It allows Florida's state run insurance company - Citizens Property Insurance Corporation to start raising its rates as much as per year starting in as part of a multi-year process to move the company towards more actuarially sound ...
Related contentReal Estate in Florida under £ 80,000
21 hours ago ago from Note Buyers
To ensure a property in Florida for £ 80,000, you need a cool head and has the patience of a saint. Many Florida property agents are displaying surprisingly attractive properties at extremely low prices that positively scream value for money for those of us more excited about two-to-one exchange rate. Unfortunately, there are a number of disadvantages. First, in many cases, these drugs have absolutely no plan to sell a property in ...
Related contentHouse prices to fall again next year
7 hours ago ago from USA Arts Grants Finder | Grants for Artists, Musicians, Film and TV, Theatre and Writers | Updated Daily!
Whilst there has been a great deal of speculation with regards to whether recent house price increases in the UK can be sustained over recent months, a report has now suggested that many economists and estate agents are now in agreement that property prices are likely to fall over the course of next year. House prices have been rising over recent months following eighteen months of falls, but whilst many officials touted this as a sign ...
Related contentRelated News
Coal plant delay means lower hike in Colo. rates
15 hours ago ago from U.S. News
Coal plant delay means lower hike in Colo. rates DENVER (AP) -- Xcel Energy Inc.'s electric rates won't increase as much as expected in January because of a delay in the start of the utility's new coal-fired plant. The Colorado Public Utilities Commission said Tuesday that it approved a roughly $70 million rate increase, down from the previously granted $128.3 million. Typical homeowners will see their monthly electric bills rise by $2.55 ...
Related contentWisconsin regulators approve energy rate changes
17 hours ago ago from U.S. News
Wisconsin regulators approve energy rate changes MADISON, Wis. (AP) -- Natural gas customers in northeastern Wisconsin will have to pay more next year. State regulators have formally approved a $12.9 million rate increase for Wisconsin Public Service Corp. That translates to about $2.75 more per month for residential customers. The utility originally asked for $14.4 million. Regulators also approved an $18 million increase in WPSC ...
Related contentCensus: Florida, Nevada had more Americans move out than in
3 hours ago ago from Washington Post - Business
After decades of rapid growth in which housing developments sprouted in swamps, farmland and deserts, the number of Americans moving to several states in the South and the West has slowed sharply because of the recession and housing bust, according to Census Bureau figures released Wednesday. The longtime magnets of Florida and Nevada, which had benefited most as people fled the dreary cold of the Northeast and Midwest, saw more Americans ...
Related contentRecession Alters Migration Patterns in U.S.
3 hours ago ago from Wall Street Journal
The recession has had a profound effect on migration patterns in the U.S., reversing the flow of people to former housing-boom states such as Florida and Nevada, the latest data from the Census Bureau show. In the year ending July 1, 2009, Florida -- once the top draw for Americans in search of work and warmer climes -- lost more than 31,000 residents to other states, the Census Bureau reported Wednesday. Nevada lost nearly 4,000. The ...
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