Thursday, April 20, 2006

“Judges say Allstate charging too much for home insurance”: Yesterday’s Austin American-Statesman contained this article which mentions that, in addition to Allstate, two of the other largest home insurers are involved in legal battles because of their rates. One of these insurers, Farmers Insurance, is currently before the Texas Supreme Court over a $117 million settlement with the state that has been challenged by a group of policyholders.