The state will deny a planned home insurance rate increase by Florida Farm Bureau’s two property insurance companies, which have about 140,000 homeowners policies, the Office for Insurance Regulation said. Florida Farm Bureau said it likely will challenge the state’s …
Insurance rates for people along the South Carolina coast who can’t find regular coverage for hurricane and wind damage will likely be going up this fall, although the amount of the increase has not been determined. The wind insurance pool …
Farmers Insurance will revise its plan for an increase in homeowners rates because Texas regulators indicated they would turn down its initial proposal, officials said. Farmers, the third largest home insurer in Texas, withdrew its proposed 6.6 percent statewide increase …
Thousands of coastal North Carolina residents could see insurance rates surge this fall as state regulators weigh higher insurance costs against the rising cost of protecting homes. The North Carolina Building Code Council has balked at new international building codes …
Gov. Charlie Crist knows a new law hasn’t cut home insurance rates as much as he and consumers had expected. Crist said some insurance companies have not filed for rates as low as he had hoped after lawmakers changed state …
Gov. Charlie Crist launched “Shop and Compare Rates” today, a Web site that assists consumers comparing homeowners insurance rates throughout Florida. “Many Florida homeowners find it difficult and frustrating to compare the cost of homeowners insurance,” Crist said. “This site …
Louisiana should have higher minimum car insurance coverage requirements for drivers, the state House of Representatives decided June 22, approving a bill that would boost the costs of insurance for thousands of drivers who carry the minimum. With a 76-24 …
Homeowners in Louisiana parishes hardest hit by hurricanes deserve a break from the artificially inflated property insurance rates charged by the state-backed insurance company, the House voted June 4. The bill by Rep. Jean-Paul Morrell seeks to ease the burden …
Property & Casualty Insurance Co. of Hartford, part of the Hartford Insurance Group, has filed for a 9.6 percent rate increase for its private passenger auto policies in Nevada, according to the Department of Insurance. The proposed rate change is …
Mississippi insurance regulators have approved a statewide rate increase of 29 percent for Allstate homeowner policyholders, the Northbrook, Ill.-based insurer reported. The company, in a written statement, attributed the hike to the “increased costs of doing business in Mississippi due …
