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Insurance Type

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Mother Nature vs. Your Home–Do You Really Need Disaster Insurance
June 10, 2010
Mother Nature vs. Your Home–Do You Really Need Disaster Insurance
Senate Approves Much-needed Flood Reform Legislation
June 10, 2010
Senate Approves Much-needed Flood Reform Legislation
States Shed Reinsurance and ‘Run Naked’ Through Storm Risks
June 10, 2010
States Shed Reinsurance and ‘Run Naked’ Through Storm Risks
Insured Losses from Hanna Expected to be Low
June 10, 2010
Insured Losses from Hanna Expected to be Low
Residual market insurers under financial stress: Insurance Information Institute
June 10, 2010
Residual market insurers under financial stress: Insurance Information Institute
California Quake Could Have Huge Impact
June 10, 2010
California Quake Could Have Huge Impact
Haiti quake stirs concern in California
June 10, 2010
Haiti quake stirs concern in California

The devastating 7.0 earthquake in Haiti last month has shaken up residents in other earthquake-prone areas, including the Bay Area, prompting renewed interest in earthquake insurance. “The horrible tragedy in Haiti has focused people a little more on earthquake risk,” said Glenn Pomeroy, the CEO…

Escalating long term care premiums subject of settlement
June 10, 2010
Escalating long term care premiums subject of settlement
Consumer advocates ask Gov. Crist to veto home insurance deregulation
June 9, 2010
Consumer advocates ask Gov. Crist to veto home insurance deregulation

Four consumer advocacy groups implored Gov. Charlie Crist today to veto a bill that would allow large insurers to charge essentially unregulated rates. “This bill is an invitation for insurers to game the Florida regulatory system and abuse consumers,” said officials from the Consumer Federation…

Crist close to decision on property insurance bill
June 9, 2010
Crist close to decision on property insurance bill

TALLAHASSEE — Both supporters and opponents of a bill that would partially deregulate Florida’s property insurance market are fiercely lobbying Gov. Charlie Crist as he nears a decision about whether to sign the bill or follow his apparent instinct to veto it. Crist formally received…

Crist Signals Opposition To ‘Consumer Choice’ Bill
June 9, 2010
Crist Signals Opposition To ‘Consumer Choice’ Bill

NU Online News Service, May 28, 11:36 a.m. EDT Florida Gov. Charlie Crist yesterday indicated he may veto the “Consumer Choice” bill that would eliminate rate restrictions on some home insurance. The governor said an unregulated insurance industry would be unfair to consumers. His comments…

Fight heats up over bill to allow property insurers to raise rates on their own
June 9, 2010
Fight heats up over bill to allow property insurers to raise rates on their own

The fight is heating up against legislation that would allow large property insurers to raise rates without state approval. Eight consumer groups including the Consumer Federation of the Southeast and the Florida Public Interest Research Group have implored Gov. Charlie Crist to veto the bill…

Fla. ‘Consumer Choice’ Bill Angers Consumer Groups
June 9, 2010
Fla. ‘Consumer Choice’ Bill Angers Consumer Groups

NU Online News Service, May 26, 3:38 p.m. EDT A Florida bill that would allow some insurers to charge rates above those approved by the Office of Insurance Regulation provided they meet certain capital requirements has drawn the ire of consumer groups. In order to…

Florida governor vetoes deregulation bill
June 9, 2010
Florida governor vetoes deregulation bill
Insurers should pay for their own mistakes
June 9, 2010
Insurers should pay for their own mistakes

Consumer Watchdogs Want Insurers To Rein In Surge Costs NU Online News Service, April 22, 8:52 a.m. EDT Consumer watchdogs are urging a closer look at insurers’ estimation of post-catastrophe material and labor price increases, citing a study questioning demand surge figures used to set…

My View: HB 1171 is simply a gift to insurers
June 9, 2010
My View: HB 1171 is simply a gift to insurers

My View In the strongest possible terms, we urge Gov. Charlie Crist to veto the home insurance deregulation bill, SB2036/HB1171. This bill is an invitation for insurers to game the Florida regulatory system and abuse consumers. No price can be too high, no discrimination can…

Veto Anti-Consumer Property Insurance Rates Bill
June 9, 2010
Veto Anti-Consumer Property Insurance Rates Bill

Not one Floridian has been spared from the challenges of these tough economic times. Yet a bill that would allow a select few, big property insurance companies to sneak unrestrained, unregulated and unrelenting rate hikes on unsuspecting consumers will arrive at Governor Crist’s desk over…

Allstate selling policies again along Alabama coast through lightly regulated company
June 9, 2010
Allstate selling policies again along Alabama coast through lightly regulated company

Allstate Corp., which has been dropping wind coverage from home insurance policies in Mobile and Baldwin counties, began in April to sell homeowner policies through a new unit called North Light Specialty Insurance Co. Because North Light is a lightly regulated surplus lines company, it…

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