State Farm Florida wants to raise home insurance rates nearly 50 percent statewide, but its proposal is loaded with excessive costs and profits, Florida's consumer advocate said Tuesday. ...more

August 13, 2008

Cigna Corp. trumped Wall Street expectations with a 37 percent jump in second-quarter profit, but the health insurer's stock fell Friday after it lowered 2008 membership growth expectations and some income guidance. ...more

August 2, 2008

On its face, State Farm's request to increase rates for hurricane coverage by an average of 47 percent statewide is outrageous and unjustified. ...more

July 25, 2008

Policyholders State Farm will drop this year. ...more

July 24, 2008

WellCare Health Plans said Monday that it will restate more than three years' worth of financial reports because of accounting errors relating to government contracts with Florida and Illinois. ...more

July 22, 2008

WellCare Health Plans said Monday it will restate more than three years' worth of financial reports because of accounting errors relating to government contracts with Florida and Illinois. ...more

July 21, 2008

TAMPA After lowering rates 9 percent this year, State Farm, the state's second largest home insurer, did an about-face Wednesday when it asked state regulators for permission to raise homeowners' rates 47.1 percent on average. ...more

July 16, 2008

The other day a television news broadcast was telling of a new idea for hurricane coverage for Florida. The estimate for a Miami-Dade category five hurricane would cost approximately $88 billion. I thought of the Andrew and Katrina costs and have a better idea than letting out-of-state insurers chance their stakes upon the inevitable. Since our Department of Defense is very capable of defending our shores, it should also use its technology and resources to stop a category one in its tracks, with many large concussion bombs, or maybe something a lot more extreme to slow the winds in the wall, while at the same time making the water return to the oceans (dissipate.) When it rains, it pours! ...more

June 20, 2008

The Bush administration will ask Congress to increase the monthly premiums paid by wealthier Medicare beneficiaries for prescription drug coverage, officials said Friday. ...more

February 16, 2008

Florida officials want copies of secret corporate papers held by Allstate Insurance Co. to see if unfair practices were used to adversely affect consumers. Allstate is fighting to keep the papers secret, but we hope citizens in Florida, and elsewhere, soon will learn about potentially unsavory tactics for the company to pay out as little as possible while maximizing profits. ...more

January 24, 2008