Florida’s state-backed and largest property insurer will be allowed to raise its rates for homeowners an average 5.4 percent in 2010. The increase is the first one allowed since lawmakers froze the rates of Citizens Property Insurance Corp. three years …
Michigan voters could decide on a proposal that supporters say would reduce automobile, home and business insurance premiums by 20 percent, if the proposal qualifies for the 2010 statewide ballot. The form of a legislative initiative submitted by a group …
California’s State Compensation Insurance Fund today announced it has filed a 5 percent rate increase in collectible premium. The revised rate will apply to new and renewal workers’ compensation policies effective on or after January 1, 2010. “The principal driver …
A projected 10 percent increase in rates for clients of the Louisiana Citizens Property Insurance Corp. will “probably be less than that,” the company’s CEO John Wortman said. Instead, the average statewide increase will likely be between 5 percent and …
The Texas Department of Insurance has rejected a request from the Texas Windstorm Insurance Association for a 10 percent rate increase for both residential and commercial risks. But regulators left open the possibility that a rate increase of a lesser …
Florida’s state-backed and largest property insurer will be allowed to raise its rates for homeowners an average 5.4 percent in 2010. The increase is the first one allowed since lawmakers froze the rates of Citizens Property Insurance Corp. three years …
A projected 10 percent increase in rates for clients of the Louisiana Citizens Property Insurance Corp. will “probably be less than that,” the chief executive officer of the state’s insurer of last resort has said. John Wortman said the average …
Florida insurance regulators are failing in their duties if they don’t make the state-backed Citizens Property Insurance Corp. raise property insurance rates by 10 percent across the board, a business group lobbyist said this week. Barney Bishop III, president of …
Universal Property and Casualty Insurance Co. (UPCIC) reports it has received approval for a premium rate increase for its homeowners program in Florida. The premium rate increase, which will average approximately 14.6 percent statewide, was approved by the Florida Office …
The Texas Department of Insurance has rejected a request from the Texas Windstorm Insurance Association for a 10 percent rate increase for both residential and commercial risks. However, regulators left open the possibility that a rate increase of a lesser …
