Florida governor freezes property insurance rates
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TALLAHASSEE, Florida  - Florida Gov. Charlie Crist on Tuesday froze property insurance rates and blocked insurers from canceling policies as the state prepares for another hurricane season and insurance reforms kick in.
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Farmers rushed to protect citrus and other crops Tuesday as Florida braced for plunging temperatures, with the governor even lifting certain agricultural regulations as a precaution.
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Reduced coverage means the hurricane's impact on insurance companies will be muted. And that is fostering anger among some politicians in Florida.
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As Florida attempts to recover from an estimated $15 billion in damages left by Hurricane Charley, tax-exempt debt issuance from the state is likely to increase so Florida can replenish its Hurricane Catastrophe ...
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The Romney administration yesterday approved a steep cut in auto insurance rates for next year, dropping the statewide average premium to $899, its lowest level since 2001.
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Nowhere are insurance rates more severe than in Florida, where storms in recent years have added billions to the insurersÂ losses.
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Republican Mitt Romney sought to lock up the Florida primary by refusing to talk Sunday about little else but the economic jitters confronting the nation. His rivals took different tacks toward the same goal as they fanned out across the Sunshine State.
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BURLINGTON -- For two weeks Governor Deval L. Patrick has been talking tough about cracking down on companies exploiting what he calls corporate tax loopholes to save over $300 million a year in state taxes.
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The nation&#39;s governors on Wednesday urged President Bush not to shift additional Medicaid costs to the states in his effort to reduce the federal deficit.
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WASHINGTON Aug. 20, 2004 - Federal regulators Friday imposed a six-month freeze on the rates regional phone companies may charge their competitors to use networks to provide local service.
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Republican Mitt Romney sought Sunday to lock up the Florida primary by refusing to talk about little else but the economic jitters confronting the nation. His rivals had the same goal in mind, too, as they fanned out across the Sunshine State.
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LOS ANGELES  - The widespread power  outages in Florida caused by Hurricane Frances didn't spare  Nielsen Media Research's facilities in the Sunshine State,  leading to a delay in the national weekly rating data for the  week of Aug. 30.
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Addressing rising anger about the cost of owning a home in Florida, the Legislature approved a plan for a property tax cut it said would be the largest in state history.
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Many homeowners in the Orlando area suffered a double blow when hurricanes Charley and Frances struck in quick succession. Now, they&#39;re smarting from a financial one-two punch - two insurance deductibles.
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Florida officials approved a rule Tuesday that prevents insurance companies from canceling or not renewing homeowners policies through the end of this year for hurricane victims who are still waiting for repairs.
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The Treasury secretary said the administration was in talks with the mortgage industry to expand a program that freezes adjustable rate mortgages for 5 years to include borrowers of loans at prime rates.
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As Florida was cleaning up yesterday from its fourth hurricane in six weeks, insurance executives and analysts said they expected the cost of coverage to rise sharply for millions of homes and businesses in the state.