Insurance Commissioner denies companies’ request for homeowners’ rate increase

Insurance Commissioner Wayne Goodwin has ordered a zero percent statewide overall average change in homeowners’ insurance rates, effective June 1, 2015.  The ordered rates vary by geographic territory and type of insurance. On average, homeowners’ insurance rates are to decrease by 0.3 percent, renter’s insurance rates are to increase by 11.2 percent, and condo owners’ […]

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