Tuesday, June 03, 2008

PROPERTY INSURANCE State officials issued a final decision Friday rejecting Hartford Insurance Co. of the Midwest and its affiliates' request for an average property insurance price increase of 40 percent. The Hartford decision is part of a campaign to "protect Florida consumers from unwarranted rate increases," Insurance Commissioner Kevin McCarty said in a statement.Read the full story:

PROPERTY TAXES It appears that Florida cities aren't hurting too much from the property tax cuts created by January's Amendment 1 thanks to the number of commercial enterprises. But suburban and rural areas have lost more funding since private homeowners benefited more from the tax cuts, and many local governments say they must raise tax rates or cut spending.Read the full story:

Real Estate in Lake City,

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