The state Department of Insurance reports that premiums increased 5 percent between July 2011 and last month. The figure is based on an analysis of rates charged by insurers covering 80 percent of homes. The St. Louis Post-Dispatch reported that although insurers used to be more worried about hurricanes on the coast, tornadoes have been getting more attention as they cause more damage. Read more...
(Ref: Insurance Journal News -April 3, 2012)
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