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State regulators say Florida's insurance market can absorb most, if not all, of the 1.2 million policies State Farm plans to drop over two years beginning in November. About 470,000 policies, including all boat-owner policies, will be dropped during the first year. But many insurers won't sell policies for older homes and homes in high-risk coastal areas. ...more
February 27, 2009
State Farm's plan to drop 1.2 million policyholders in Florida will dominate discussions at a two-day summit on property insurance beginning Tuesday in Orlando. ...more
February 24, 2009
State Farm's plan to drop 1.2 million policyholders in Florida will dominate discussions at a two-day summit on property insurance beginning Tuesday in Orlando. ...more
February 23, 2009
Florida's Office of Insurance Regulation has launched a special section on its Web site devoted to homeowners whose policies will be canceled by State Farm over the next three years. The site, www.floir.com/statefarmdocs.aspx, provides State Farm policyholders key information about State Farm's plan to drop more than 700,000 homeowners polices statewide. ...more
February 23, 2009
State regulators on Thursday denied a company's request to build a landfill near the environmentally sensitive Green Swamp. ...more
February 13, 2009
Progress Energy on Thursday yielded to consumers and lawmakers angry about skyrocketing electric bills, saying it will seek an 11 percent reduction in electricity costs for residential customers. ...more
February 13, 2009
After increasing electric bills 25 percent this year, Progress Energy Florida said this morning it wants to cut the cost of electricity for residential customers by 11 percent. ...more
February 12, 2009
In a few years, the trash you see at landfills will be used to generate environmentally friendly electricity for thousands of Progress Energy customers in Florida. ...more
February 12, 2009
The wife of disgraced money manager Bernard Madoff withdrew more than $15 million from a firm co-owned by her husband — including $10 million on the day before his arrest on charges he ran a $50 billion Ponzi scheme, the top security regulator in Massachusetts said Wednesday. ...more
February 11, 2009
In a few years, the garbage you see at landfills will be used to generate environmentally friendly electricity for thousands of Progress Energy customers in Florida. ...more
February 11, 2009
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