rate deregulation News

Tennessee lawmakers have passed a bill allowing property/casualty insurers to implement rate adjustments for personal auto and home insurance policies without prior state approval. Insurers are urging Governor Bill Haslam to sign the so-called “flex-rating” bill (SB 777) that would …

A move to deregulate a number of commercial lines of property/casualty insurance is making quiet progress in Florida. The legislation, which has already passed the House by a unanimous vote, would exempt insurance pricing for motor vehicle fleets with less …