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Like A Good Neighbor? So State Farm wants to stop writing homeowner's insurance in Florida. I checked into their automobile insurance some time ago and was told that I could not just buy auto insurance. They wanted it all - homeowner's, auto, life, health. At that point I was surprised it didn't include asking for my first-born child. ...more
February 2, 2009
A task force looking to return Citizens Property Insurance Corporation to its original status as an insurance company of last resort recommended Thursday that lawmakers increase homeowner rates by as much as 20 percent. ...more
January 22, 2009
Tampa Electric Co. will spend the next several days trying to persuade state regulators to approve a $228 million-a-year increase in TECO's base service rates. ...more
January 20, 2009
Tampa Electric Co. will spend the next several days trying to convince state regulators to approve a $228 million-a-year-increase in TECO's base service rates. ...more
January 19, 2009
With residents already struggling to make ends meet during the recession, the last thing they need now are higher premiums on Citizens Property Insurance homeowner insurance policies, a state lawmaker believes. So state Sen. Mike Fasano, R-New Port Richey, announced this week he will introduce legislation in March to extend the rate freeze on Citizens rates for another year. Citizens is the state-sanctioned property insurer of last resort. ...more
January 17, 2009
The state insurance commissioner has again denied State Farm Florida's proposed 47 percent rate increase for property coverage against hurricanes and other perils. ...more
January 13, 2009
The state insurance commissioner has again denied State Farm Florida's proposed 47 percent rate increase for property coverage against hurricanes and other perils. ...more
January 12, 2009
It's a terrible time to have to think about raising property insurance rates, but a task force set up to make Citizens Property Insurance Corp. the homeowners' insurer of last resort as it was originally intended to be has little recourse. ...more
January 12, 2009
Policyholders of Citizens Property Insurance Corp. could face sizable rate increases and lose the option to stay with the state-backed property insurer if a task force's recommendations are approved. ...more
January 3, 2009
With the demand for electricity declining in recent months, some state lawmakers want to short-circuit part of a rate increase of nearly 25 percent for Progress Energy Florida. ...more
January 3, 2009
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