INSURANCE COMPANIES
State Farm to reduce homeowner rates by 9%
The state's largest private home insurer agreed to cut rates by an average of 9 percent.
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The state's largest private home insurer agreed to cut rates by an average of 9 percent.
Sidestepping a property-tax showdown, Gov. Charlie Crist decided Monday to add no-fault auto insurance to this week's special lawmaking session but said legislators would have to call a property-tax session of their own.
The U.S. House will take up two bills aimed at easing the windstorm insurance crisis, but both face stiff opposition, specifically from the White House.
After nearly two weeks of negotiations, there's a good chance the state's no-fault auto insurance law could be extended.
Here are questions and answers on figuring out what auto insurance you might need if the no-fault law expires as expected on Oct. 1.:
Insurers are promising drivers savings on auto insurance once the state's no-fault law expires next month, but the drop on the overall premium may be minimal
Prospects for extending Florida's no-fault auto insurance law have sunk considerably since lawmakers canceled the special session planned for later this month.
Nationwide Insurance won't renew nearly 2,700 policies in South Florida, 39,000 statewide.
What’s it like to be one of the few insurers in the state that met the state mandate to decrease rates? We asked Coral Insurance of Hollywood.
Businesses are finding little relief in the commercial insurance market: Rates are still high, and windstorm coverage is scarce.