Florida’s Supreme Court is being asked to overturn a rate increase approved last year for the state’s largest utility, Florida Power & Light.
It’s the one thing commissioners have been avoiding for over a decade; Miami-Dade’s crumbling sewage system. Thursday, under the pressure of a federal lawsuit commissioners began to take action, perhaps a minute or years really too late.
The decision about a bill which will potentially overhaul of Citizens Property Insurance Corp is headed for final vote in the Senate and it could drastically determine how much you pay for your homeowners insurance.
Because fuel costs are expected to go down in 2013, so consumers should not see higher bills. However, outside factors could push fuel prices up, meaning the new rates would impact wallets.
Just as the National Flood Insurance Program is in the middle of a major campaign to get homeowners to join the program and protect their homes two developments are combining that could cause significant rate hikes and end a traditional break Florida insurance agents have offered potential clients.
Florida homeowners have battled sinkholes for years. But a move by Citizens could create a giant hole in the wallets of homeowners.
Customers of State Farm are going through sticker shock when they receive their new premium notices.
While their motto may be “Like a good neighbor, State Farm is there”, the insurer isn’t being very ‘neighborly’ in its latest request to the state.