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State Farm stays
16 hours ago ago from House Keys: Buying, selling, insuring your property | Sun-Sentinel Blogs
State Farm will stay in Florida, Insurance Commissioner Kevin McCarty announced Wednesday. "State Farm is withdrawing its withdrawal plan," McCarty told reporters. But the state's largest private insurer will boost rates 14.8 percent and drop 125,000 policies -- less than it had planned. "A smaller, leaner State Farm is better than no State Farm." The news comes more than 10 months after the insurer announced its plan to shed its more than 1 ...
Related contentState Farm to Remain in Florida
16 hours ago ago from Florida Insurance Law Blog
Today, State Farm and the Florida Office of Insurance Regulation announced an agreement for State Farm to remain in Florida. A copy of the Consent Order between the state and State Farm can be downloaded by clicking here . State Farm's dispute with the state began with a request by State Farm for a 67.1 percent rate increase. In the Consent Order, the state did agree to a 14.8 percent rate increase.
Related contentState Farm Florida Withdraws its Plan to Leave the State and Agrees to Non-Renew no More than 125,000 Residential Property Policies
18 hours ago ago from Property Insurance Coverage Law Blog
The Florida Office of Insurance Regulation (OIR) has entered a Consent Order today resolving the attempt by State Farm to leave the Florida property insurance market. According to a press release by the OIR, State Farm will be allowed to non-renew no more than 125,000 of its 810,416 homeowner policies and will be granted a 14.8% rate increase. You can read details in the OIR press release here , and read the Consent Order here .
Related contentHome $weet Home for State Farm Florida
12 hours ago ago from slabbed
Anyone surprised to learn State Farm Florida will be staying in the State? h/t Chip Merlin's Property Insurance Coverage Blog for the link to the official press release: The Florida Office of Insurance Regulation (Office) today announced that Commissioner Kevin McCarty has issued a Consent Order that resolves the pending litigation between State Farm Florida and the Office over State Farm Florida’s plan to leave the property insurance ...
Related contentGood News from Our Good Neighbor …
16 hours ago ago from Winter Haven Chamber of Commerce Blog
STATE FARM FLORIDA AND FLORIDA OFFICE OF INSURANCE REGULATION REACH SETTLEMENT Risk Exposure Reduction and Partial Rate Relief Lead to Settlement– – Company says Challenges Remain– Winter Haven, Fla., Dec. 16, 2009 – Following months of discussions over its January 2009 plan to withdraw from the state’s residential property insurance market, State Farm Florida and the Florida Office of Insurance Regulation (OIR) reached a ...
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State Farm drops plan to withdraw from Florida
19 hours ago ago from Media General - TBO.com
TALLAHASSEE - State Farm Florida has dropped plans to withdraw from Florida's property insurance market. Florida Insurance Commissioner Kevin McCarty on Wednesday announced a settlement with the company that includes a 14.8 percent rate increase. State Farm Florida, the state's largest private homeowner insurer, will also be allowed to not renew 125,000 of its 810,000 policies. The company, a subsidiary of Illinois-based State Farm ...
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21 hours ago ago from FOX News
Cancer Cluster Investigation Launched in Florida County After 15 Children Are Diagnosed With Brain Tumors Wednesday, December 16, 2009 Print THE ACREAGE, Fla. Two more children from the same Palm Beach County community have been diagnosed with brain tumors. The news comes as the Florida Department of Health investigates a possible brain cancer cluster in the area. Thirteen children were diagnosed with brain tumors or brain cancer from ...
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19 hours ago ago from Media General - WNCT.com
Search: Keyword Site Web | RSS + - Text Size Print Share This NC among six states to receive highest public health readiness rating NC among six states to receive highest public... State health officials have something to proud of today and it may make you feel good too. 0 Ratings | 1 Video Views ...
Related contentSwine flu vaccine now plentiful in half the states
12 hours ago ago from U.S. News
Swine flu vaccine now plentiful in half the states ATLANTA (AP) -- After weeks of shortages, swine flu vaccine is plentiful enough that nearly half the states now say everyone can get it, not just people in high-risk groups. But the good news comes with a challenge for health officials: how to keep persuading people to get vaccinated when swine flu infections are waning. "We're worried that people might be thinking out of sight, out of ...
Related contentAntismoking Plan in Massachusetts Gets Attention
16 hours ago ago from The New York Times
BOSTON When Massachusetts began offering virtually free treatments to help poor residents of the state stop smoking in 2006, proponents hoped the new Medicaid program would someday reap benefits. Readers' Opinions But state officials never expected it would happen so soon. New state data show a steep drop in the smoking rate among poor people. When the program started, about 38 percent of poor Massachusetts ...
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