Five Percent Insurance Rate Hike for Florida State

State-funded Citizens Property Insurance Corporation has gotten approval to raise rates by 5.4 percent for homeowner coverage that includes hurricanes. Kevin McCarty, the Insurance Commissioner, announced on Friday that he signed an order that established new rates for Citizens, which is the state’s biggest property insurance firm. Citiznes holds about one million policies. McCarty rejected [...]

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Insurance Companies Are Your Worst Enemies

I have to laugh every time I see a commercial for an insurance company in which the insurance company says “You’re in good hands,” “We’re here to protect you,”  “You can count on us to be there,” or some other such nonsense. The truth is that insurance companies are not your friends. They are not [...]

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