June 13, 2006
Insurance industry representatives urged New Jersey lawmakers not to restrict insurers’ use of certain rating variables including occupation and education in the pricing of auto insurance policies, insisting that the freedom to experiment with rating factors is an essential part …
May 30, 2006
Harrison County, Miss. supervisors are opposed to the Mississippi Windstorm Underwriting Association’s request to raise insurance rates by as much as 397.8 percent, but the opposition comes as no surprise to Insurance Commissioner George Dale. The association provides coverage for …
May 25, 2006
Insurance Commissioner George Dale has scheduled for June 5 a public hearing in Jackson, Miss. on a proposed rate increase by the Mississippi Windstorm Underwriting Association, which provides coverage for high-risk homes in coastal Mississippi. The hearing is scheduled for …
May 22, 2006
An order approving a Citizens Property Insurance Corp.’s request for a rate hike has been approved by Florida Insurance Commissioner Kevin McCarty, and will result in a combined average rate increases for homeowner’s policies of 16.1 percent on a statewide …
May 22, 2006
Florida residents whose homes are insured by Citizens Property Insurance will see their premiums go up by about 16 percent on average this year, although for some coastal residents the increase will be much higher. State Insurance Commissioner Kevin McCarty …
May 15, 2006
State Farm Insurance Co. is seeking to boost premiums by an average of about 70 percent in Florida, the company said Friday. If approved by state regulators, the increase would be effective Aug. 15. The Bloomington, Ill.-based company, which covers …
April 26, 2006
Administrators of the Mississippi state wind pool, the insurer of last resort for a growing number of Hurricane Katrina victims, will be requesting a 400 percent increase in its rates, an attorney for the Mississippi Windstorm Underwriting Association says. The …
April 17, 2006
Citizens Property In-surance Corp. plans to seek a rate increase for commercial residential associations, primarily condos, to keep up with increasing premiums in the private market. Citizens writes wind coverage for customers who otherwise wouldn’t be able to buy it …
April 17, 2006
Citizens Property In-surance Corp. plans to seek a rate increase for commercial residential associations, primarily condos, to keep up with increasing premiums in the private market. Citizens writes wind coverage for customers who otherwise wouldn’t be able to buy it …
April 3, 2006
Citizens Property Insurance Corp. plans to seek a rate increase for commercial residential associations, primarily condos, to keep up with increasing premiums in the private market. Citizens writes hurricane coverage for Florida customers who otherwise wouldn’t be able to buy …