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Insurance industry seeks up to 70 percent rate increase for homeowners (The Wilmington Star-News) Coastal residents could be in for another large homeowner insurance rate increase.The state's insurance industry is planning to propose a 42 percent to 70 percent increase for the 18 coastal counties, including New Hanover, Brunswick and Pender, according to the N.C. Rate Bureau, which represents the industry in setting rates. Publ.Date : Wed, 03 Dec 2008 19:05:00 GMT SC asked to stop CA from enforcing insurance ruling (Manila Bulletin) The Supreme Court (SC) has been asked to stop the Court of Appeals (CA) from enforcing its ruling that barred the Government Service Insurance System (GSIS) from acting as the sole provider of the Compulsory Third Party Liability (CTPL) insurance for all private vehicles in the country. Publ.Date : Wed, 03 Dec 2008 20:15:08 GMT Sheboygan Falls Insurance acquired (BizJournals) Donegal Insurance Group Inc. reported Wednesday that it had completed the acquisition of all of the outstanding capital stock of Sheboygan Falls Insurance Co. Publ.Date : Wed, 03 Dec 2008 19:07:54 GMT State Web site updates insurance comparisons (New Orleans Times-Picayune) BATON ROUGE -- An electronic guide that allows consumers to compare homeowners and auto insurance rates has been posted on the state Department of Insurance's Web site, the first time in two years the data has been revised. Publ.Date : Wed, 03 Dec 2008 15:12:19 GMT Insurance rise at coast could help protect plan (AP via Yahoo! Finance) Property owners in 18 coastal counties soon will pay more for insurance premiums through a state-sanctioned program in a decision that could help narrow any unfunded liabilities should a monster hurricane hit North Carolina. Publ.Date : Wed, 03 Dec 2008 16:58:17 GMT