Category: Insurance Regulatory News
Jul 18, 2008
St. Petersburg Times–July 18, 2008 By Tom Zucco, Times Staff Writer By most accounts, the odds are remote that State Farm will win approval to raise homeowners insurance rates an average of 47.1 percent statewide. “I know I will do …
Jul 18, 2008
Palm Beach Post–July 17, 2008 By RANDY DIAMONDPalm Beach Post Staff Writer It’s likely that State Farm won’t be the last property insurer to ask Florida for a new rate hike, an industry spokesman said Thursday. ”It won’t be surprising …
Jul 18, 2008
U.S. Rep. Robert Wexler, a Democrat from Boca Raton, believes State Farm Florida’s request for an average 47.1 percent rate increase deserves congressional scrutiny. BY BEATRICE E. GARCIAPHILIP BROOKER / MIAMI HERALD FILEMiami Herald–July 18, 2008 A Florida congressman called …
Jul 18, 2008
Herald Tribune–July 18, 2008 By John Hielscher State Rep. Keith Fitzgerald will not have to sweat the hefty homeowners insurance rate increase proposed by State Farm Florida — the company is dropping him this year. But the Sarasota Democrat was …
Jul 18, 2008
Florida Today–July 18, 2008 State regulators should reject State Farm’s request for yet another big rate hike Hide your wallets because the rip-off artists are back. State Farm, the second largest property insurer in Florida with more than 1 million …
Jul 18, 2008
Florida Governor Charlie Crist today, July 18, 2008, issued a letter to Insurance Commissioner Kevin McCarty regarding State Farm Florida Insurance Company’s (“State Farm”) rate filing.  In the letter, Governor Crist expresses concern that the rate increase requested by State …
Jul 18, 2008
 To view a complete story, click on a headline below:  State Farm’s rate request may hide motives By most accounts, the odds are remote that State Farm will win approval to raise homeowners insurance rates an average of …
Jul 17, 2008
Florida Today–July 16, 2008 THE ASSOCIATED PRESS TALLAHASSEE — State Farm asked Florida insurance regulators today for a 47.1 percent increase on its homeowners policies in the state. The Illinois-based company, which is the largest private homeowners’ insurer in Florida …
Jul 17, 2008
State Farm Florida has requested an average 47 percent rate increase for its homeowner policies. BY BEATRICE E. GARCIA PHILIP BROOKER / MIAMI HERALD FILE Miami Herald–July 17, 2008 State Farm Florida, the state’s largest private home insurer, wants to …
Jul 17, 2008
South Florida Business Journal–July 17,2008 00:00 by Biz-Journal-SF State Farm Florida Insurance Co. said it will not renew about 50,000 Florida homeowner policies, starting Jan. 1. But some or all of those cancellations might not happen because the Florida Office …