Welcome to

Capitol News Service

Florida's Best Political Coverage on Television

 


 


 


Recent Posts


Visit Our YouTube Channel

RSS feed: Quote of the Day Quote of the Day

  • Thomas Szasz
    "The stupid neither forgive nor forget; the naive forgive and forget; the wise forgive but do not forget."
  • Lao Tzu
    "Silence is a source of great strength."
  • Swami Sivananda
    "The harder the struggle, the more glorious the triumph. Self-realization demands very great struggle."
  • Ayrton Senna
    "If you have God on your side, everything becomes clear."

State Farm Seeks 47.1 Rate Increase

July 16th, 2008 by flanews

State Farm Insurance filed a 47.1 percent average statewide rate hike this afternoon. The company says it needs the increase to cover potential losses from any storms that might hit the state. Spokesman Justin Glover says current rates are not adequate to pay claims for the company’s one million customers. State regulators say they are going over the filing with a fine tooth comb and remain committed to keeping rates affordable. The state will hold a hearing into the rate hike on August 12th in Tallahassee.

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 © 2016 by Capitol News Service | Powered by Wordpress | Hosted by LyonsHost.com