Showing posts with label Proposal. Show all posts
Showing posts with label Proposal. Show all posts

Tuesday, May 8, 2012

Lawmakers Say Oklahoma Insurance Options Could Increase Under Proposal

April 9, 2012Email ThisPrintNewslettersTweetArticleComments

Oklahomans could have the opportunity to purchase insurance from companies across the nation under legislation approved by a state House of Representatives committee.

Senate Bill 1059, by state Sen. Bill Brown and state Rep. Lewis Moore, would create the

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Rate Hike Proposal Sent to Board of Texas Windstorm Insurer

April 27, 2012Email ThisPrintNewslettersTweetArticleComments

In advance of the start of hurricane season, the actuarial underwriting committee of Texas’ property insurer of last resort for coastal counties is recommending a rate increase.

The committee on April 20 voted for a proposal that the board of directors of the Texas Windstorm Insurance Association file for an overall rate increase of 4.7 percent that would become effective on Oct. 1. The rate increase would vary somewhat within TWIA’s coastal territories

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