Welcome to

Capitol News Service

Florida's Best Political Television Coverage

Recent Posts

Capitol News Service Channel

Oops, something went wrong.

RSS Capitol News LIVE

  • Death Row Sentences Still Uncertain for Most Inmates 1, February5, 2016
    In June 2002, The U-S Supreme Court issued it’s “Ring Decision” finding only a jury could determine if death was appropriate. Florida Justices immediately downplayed it’s significance..and judges were reminded of that decision this week by the Attorney General’s office because they want to narrow the changes to existing death sentences. Justice Fred Lewis wrote […]
    Mike Vasilinda
  • Dems Push for $15 Minimum Wage 1, February5, 2016
    It’s been a controversial topic – increasing the minimum wage for what some call low-level jobs. But as Matt Galka tells us, a new study says the low wages that many Floridians are making are costing the rest of the taxpayers billions. Patricia Walker is a Tampa home care worker making minimum wage. It’s not […]
    Matt Galka
  • Pastor Protection Legislation Headed for House Floor 1, February4, 2016
    Pastors and their churches could not be sued for refusing to perform same sex marriages under legislation that moved forward today in the State Capitol. As Mike Vasilinda tells us, opponents say it creates a smoke screen for bigotry. Churches wouldn’t lose their tax exempt status and pastors couldn’t be sued for refusing to perform […]
    Mike Vasilinda
  • Judicial Term Limits Clears Committee 1, February4, 2016
    Legislation limiting appeals court and Supreme Court Justices to two six year terms cleared its final House Committee today and is ready for a vote by the full House. Many see the legislation as payback for unfavorable judicial rulings this past year on legislative redistricting. The legislation was approved today over the objections of the […]
    Mike Vasilinda
  • Bill Ending Permanent Alimony Clears Final House Committee 1, February4, 2016
    Divorces can be complicated and emotional, especially when finances and alimony are involved.  As Matt Galka tells us, Florida lawmakers are backing a bill that could put an end to permanent alimony in the state. The days of paying an ex-spouse for life could be numbered if the Florida House gets their way.  Representative Colleen […]
    Matt Galka
  • Rick Scott Rallies for Tax Cuts 1, February3, 2016
      Governor Rick Scott continued his push for a billion dollar tax cut that benefits mostly businesses today, And as Mike Vasilinda tells us the Governor is getting some pushback from lawmakers over who should reap the benefits. To pitch his tax cuts, Governor Rick Scott took to tossing bean bags in the Capitol rotunda. […]
    Mike Vasilinda
  • Casino Employees Lobby for their Jobs 1, February3, 2016
    Two bus loads of casino workers from Tampa spent the day lobbying lawmakers. They are asking the new gambling deal between the Seminole tribe and the state get signed sooner than late. Black Jack dealer Kandi Karbin says the lack of a deal is causing many to worry. “Our jobs are at stake. Our livelihood […]
    Mike Vasilinda
  • Death Juries Up for Discussion 1, February3, 2016
    A day after the Florida Supreme Court stayed a pending execution over uncertainties in the constitutionality of the states death penalty, The US Supreme Court ruled the state’s sentencing scheme of allowing a seven five vote to send someone to death was unconstitutional. Senate President Andy Gardiner says his chamber is planning on getting something […]
    Mike Vasilinda
  • Senate President says House Gun Bills “In Trouble” 1, February3, 2016
    There’s been no shortage of arguments on both sides of a heated back and forth argument on new gun legislation in the state. As Matt Galka tells us, the fates of both the campus carry and open carry bills may already be decided in both chambers. The Florida House spent three hours questioning two controversial […]
    Matt Galka
  • Family Still Seeking Closure 15 Years After FSU Football Player’s Death 1, February2, 2016
    It’s been 12 years and counting since the family of a Florida State football player settled with the university following his death after a practice. As Matt Galka tells us, they’ve been in limbo for more than a decade – waiting on lawmakers to approve their claims bill. 15 years ago, Devaughn Darling had big […]
    Matt Galka

RSS Quote of the Day

  • Truman Capote
    "Failure is the condiment that gives success its flavor."
  • Dag Hammarskjold
    "We are not permitted to choose the frame of our destiny. But what we put into it is ours."
  • Edmund Burke
    "You can never plan the future by the past."
  • Jean Paul
    "The more sand that has escaped from the hourglass of our life, the clearer we should see through it."

Categories

Archives

Allstate To Cut Rates

August 15th, 2008 by Anna Laura Rehwinkel

The war between the Office of Insurance Regulation and Allstate is over for now. State regulators reached an agreement with the insurer. This is good news for Allstate customers who will see a drop in rates, and more policies written. Allstate got in trouble after they asked the state for a rate hike last October and then failed to provide regulators with documents they subpoenaed. After several hearings the insurer was band from writing new business in Florida for about a week. Since then Allstate has been more cooperative with regulators. To make amends the insurer has agreed first of all to pony up 5 million dollars in fines, and secondly theyll write 100,000 new policies in Florida over the next three years.

50,000 must be homeowners policy, 50,000 can be condos, renters or other residential policies. Item number three Allstate agrees to further reduce their insurance rates across the board by an additional 5.6 percent, said Florida Insurance Commissioner Kevin McCarthy.

Allstate has 30 days to pay their fines and lower rates and a September 15th administration hearing with the Insurer has been cancelled.

Posted in Insurance, State News | No Comments »

Leave a Comment

Please note: Comment moderation is enabled and may delay your comment. There is no need to resubmit your comment.

copyright © 2013 by Capitol News Service | Powered by Wordpress | Hosted by LyonsHost.com