Florida’s Home Insurance Public Option Displaced Private Insurance

 
Florida’s move wasn’t in the area of health insurance. It was property insurance. The state’s property-insurance arm originally had above-market rates, but later it began competing directly with private insurance companies in the sunshine state for Florida Home Insurance.
Now it handles a sizeable portion of the home insurance [...]

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Insurance Rates have fallen for the 3rd straight time in 2009.   The trend towards rate moderation is continuing. Underwriters received a better net rate for each risk they wrote in March but their gross premiums probably decreased due to the impact of the current recession on almost all types of exposures, such as payrolls, gross [...]

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