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The Citizens Property Insurance Corp. Board of Governors on June 26 approved the rates, which include the continued phase-in of rate increases for sinkhole coverage.
The Citizens Property Insurance Corp. Board of Governors on June 26 approved the rates, which include the continued phase-in of rate increases for sinkhole coverage.
Non-life premium growth increased by 2.6 percent in 2012, buoyed by economic expansion in emerging markets and selective price increases in advanced markets that are overriding depressed interest rates, a recent study shows.
A new report raises the question of whether climate change will make the cost of flood insurance unaffordable for many people by the end of the century.
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