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Hearing Called on Homeowners’ Insurance Rate Hike

Hearing Called on Homeowners’ Insurance Rate HikeNews from Southern Pines Pilot: State Insurance Commis-sioner Wayne Goodwin has ordered that a hearing be held on a request by insurance companies to raise homeowners insurance rates, saying the proposed rates appear to be excessive and unfairly discriminatory. The insurance companies, represented by the North Carolina Rate Bureau, [...]

Insurance rate hike could lead to more firefighters

Insurance rate hike could lead to more firefightersNews from Hilton Head Island Packet: The Bluffton Township Fire District is planning temporary fire stations in Palmetto Bluff and Colleton River Plantation to avert steep increases in home insurance premiums in those communities. Permanent stations in the gated communities are planned within the next few years, requiring [...]

Time racing for comment on NC home insurance hike

Time racing for comment on NC home insurance hikeNews from CBS News: RALEIGH, N.C. — Time is running out for North Carolina homeowners to offer their view of a proposal by insurance companies doing business in the state to increase premiums by an average of nearly 18 percent next year. Friday is the deadline to [...]

Time racing for comment on NC home insurance hike

Time racing for comment on NC home insurance hikeNews from WAVY-TV: Updated: Friday, 19 Oct 2012, 4:09 AM EDTPublished : Friday, 19 Oct 2012, 4:09 AM EDT RALEIGH, N.C. (AP) — Time is running out for North Carolina homeowners to offer their view of a proposal by insurance companies doing business in the state to [...]

Homeowners angry over proposed insurance hike

Homeowners angry over proposed insurance hikeNews from WCTI12.com: Text Size: Small Text Medium Text Large Text EMERALD ISLE –      A proposed increase in homeowner’s insurance rates has the Town of Emerald Isle speaking out. Town commissioners have already adopted a resolution to fight the increase and hope resident will help fight the state’s final [...]

Homeowners face possible insurance rate hike

Homeowners face possible insurance rate hikeNews from New Bern Sun Journal: Coastal county homeowners are looking at the possibility of a 30-percent hike in property insurance rates starting June 1, 2013, if an insurance industry proposal filed with the N.C. Department of Insurance is approved. The first rate increase request filed since 2008 seeks an [...]

Fasano blasts Citizens rate hike at Miami hearing

Fasano blasts Citizens rate hike at Miami hearingNews from Examiner.com: Florida’s Office of Insurance Regulation held a hearing in Miami this past Thursday to discuss a filing by Citizens Insurance requesting a rate increase for the bulk of its policyholders. The state-run insurer of last resort has become a hot-button issue for Florida voters since [...]

Homeowners: Citizens rate hike would be disastrous

Homeowners: Citizens rate hike would be disastrousNews from St. Augustine Record: Hernan Santiesteban installed hurricane shutters on his home in Westchester, believing it would reduce the cost of his property insurance. Instead, his rates under Citizens Property Insurance Corp. increased from about $ 1,500 to $ 3,000. “At this moment, I have no insurance because [...]

New Bedford homeowners spared hefty insurance rate hike

New Bedford homeowners spared hefty insurance rate hikeNews from SouthCoastToday.com: May 11, 2012 12:53 PM BOSTON — A proposal that would have raised home insurance rates for some New Bedford families by 10 percent was rejected today, Attorney General Martha Coakley said. The insurance industry sought permission earlier this year from the Division of Insurance [...]

Farmers Insurance Asks for Rate Hike in Louisiana

Farmers Insurance Asks for Rate Hike in LouisianaNews from Insurance Journal: Farmers Insurance Exchange has asked Louisiana regulators for an average 39 percent statewide increase for its 25,500 homeowner policyholders. The state insurance department is examining the request, which was filed last week. Details on which areas would receive the largest increases — or decreases [...]

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