Massachusetts’ insurance commissioner has approved a settlement eliminating a proposed increase in workers’ compensation insurance rates. Attorney General Martha Coakley’s argued against the planning increase, which would have hiked rates by an average of 7.7 percent across the state. Coakley …
Louisiana Citizens Property Insurance Corp.’s board is expected to approve increasing its commercial coverage rates by an average of 45.1 percent statewide this week. Almost all of Citizens’ roughly 5,700 commercial property policies are in the New Orleans area and …
Florida’s largest insurer of homes and businesses has agreed to lower a proposed rate hike for sinkhole coverage that would take effect next year. But some critics said the move didn’t go far enough and they still want state legislators …