Thank you for visiting SNEWPapers!
Sign up free
The Key West Citizen
Key West, Monroe County, Florida
What is this article about?
Florida State Insurance Commissioner J. Edwin Larson announced a reduction in fire insurance rates effective November 1, resulting in an annual savings of about $2 million for policyholders and $5 million in cuts over the last five years. Affects dwellings, apartments, banks, offices, garages, schools, and public properties in protected areas.
Clipping
OCR Quality
Full Text
Rates To Drop
TALLAHASSEE - A reduction in fire insurance rates in Florida was announced today by State Insurance Commissioner J. Edwin Larson. The new rates will become effective Nov. 1.
Larson said the revised rates will mean an annual reduction of about two million dollars in the total fire insurance premiums paid by Florida policy holders.
Dwellings and apartment houses in protected areas, banks and offices, garages, schools and public properties are among the classes of property that will be affected by the reductions in fire coverage costs.
Larson said the latest reduction will bring to about five million dollars the cuts in the cost of fire insurance premiums to Floridians during the last five years.
What sub-type of article is it?
What keywords are associated?
What entities or persons were involved?
Where did it happen?
Domestic News Details
Primary Location
Florida
Event Date
Today, Effective Nov. 1
Key Persons
Outcome
annual reduction of about two million dollars in premiums; total cuts of about five million dollars over the last five years
Event Details
State Insurance Commissioner J. Edwin Larson announced a reduction in fire insurance rates in Florida, affecting dwellings and apartment houses in protected areas, banks and offices, garages, schools and public properties.