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Debate starts on property insurance rate deregulation
1 hour, 44 minutes 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. ...
Related contentInsurance rate dereg, Redux
7 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 ...
Related contentWhat is the Average Cost of Texas Home Insurance?
21 hours ago ago from divorcewithalimony.com
According to the National Association of Insurance Commissioners (NAIC), the average cost of Texas home insurance in 2009 was $1409 which was a 28 percent increase over 2008. The next highest state was Florida and Texas was 28 percent higher. The national average is just $804 for home insurance. Texas has a higher number of claims because of hail, tornado and wind damage. This raises the average cost of insurance in the state. Mold also ...
Related contentFlorida's Citizens Property Insurance to Increase Rates
7 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 ...
Related contentInsurance.com RateWatch: Car Insurance Rates Dropped Significantly in 2009 (PR Newswire via Yahoo! Finance)
12 hours ago ago from Auto Insurance Quotes
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 Link: Insurance.com RateWatch: Car Insurance ...
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Insurance.com RateWatch: Car Insurance Rates Dropped Significantly in 2009
11 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 ...
Related contentNumber of people in U.S. prisons growing more slowly
3 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, ...
Related contentHealth Insurance: All for One and None for All?
15 hours ago ago from Politics Daily
In Mike Kinsley's classic New Yorker essay on longevity, "Mine is Longer Than Yours" the writer notes that today, anywhere between 60 and 90 years is a normal life span . Though I currently have a life expectancy of 84 years and my husband 80.8, those figures are averages. For every one of my age cohort who dies before their 80s, another lives beyond them. My husband and I are at the very beginning of our lifespan countdown, but ...
Related contentIowa gov squeezing $1.7B from budget over 5 years
3 hours ago ago from U.S. News
Iowa gov squeezing $1.7B from budget over 5 years WEST DES MOINES, Iowa (AP) -- Iowa Gov. Chet Culver announced plans Tuesday to trim $1.7 billion in state spending over the next five years, including the sale of state property and centralizing computer networks. Culver said the plan is at the heart of his effort to wipe out a projected budget shortfall without raising taxes. "Why can't we look at reforming the way state government does ...
Related contentThirty-Year Fixed Mortgage Rate Increases for the First Time Since Mid-October
12 hours ago ago from Good News Now
SEATTLE, Dec. 8 /PRNewswire/ -- The weekly average rate borrowers were quoted on Zillow Mortgage Marketplace for 30-year fixed mortgages increased five basis points last week to 4.67 percent, up from 4.62 percent the week prior, according to the Zillow Mortgage Rate Monitor, compiled by leading real estate Web site Zillow.com ®. Rates for 15-year fixed mortgages rose one basis point to 4.20 percent from 4.19 percent, while 5-1 adjustable rate ...
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