Texas homeowners see insurance rate rollbacks for 32 firms
Insurance commissioner Jose Montemayor ordered mandatory rate rollbacks for the 32 largest Texas insurers, reducing rates up to 31 percent for Hanover and 18.2 percent for Allstate with State Farm at 12 percent. The 30 day effect follows a legislative reform to lower homeowner costs, saving Texans over 510 million while 8 firms were found justified and will not cut rates.
MENTIONED IN THIS ARTICLE
Austin
Texas
Texas Department of Insurance
Jose Montemayor
Allstate
Hanover
Rick Perry
Montemayor
State Insurance Department
Texas Insurance
House
Tom Craddick
R-Midland
Texas comptroller reports downturn in July sales tax
Texas Comptroller Carole Keeton Strayhorn announced July sales tax fell 4.6 percent year over year, by $55.8 million, continuing a 12 of 13 month decline. She warned of possible downward revision to the state revenue estimate as the weak economy persists.
MENTIONED IN THIS ARTICLE
Texas Comptroller
Austin
Carole Keeton Strayhorn
Strayhorn
Stray
Strayham
Texas
Tazor
Oil prices fall but stay above thirty two dollars
Oil prices slid on Friday in New York yet stayed above $32 a barrel as tight inventories and Iraq instability supported a floor. September NYMEX light sweet crude settled at $32.18, with gasoline and heating oil futures also lower.
MENTIONED IN THIS ARTICLE
New York
Iraq
New York Mercantile Exchange
Pentagon
World Trade Center
Nymex
Tony Rosado
Zone Energy
Rosado
London
International Petroleum Exchange
Stocks edge higher as McDonalds lifts mood on mixed week
Wall Street closed a cautious week with McDonalds strong sales lifting sentiment while Nvidia warned on profits. Investors waited for Fed guidance amid a summer lull, keeping major commitments light as Dow rose 0.7 percent to 9191.09, Nasdaq slipped, and S&P 500 edged up.
MENTIONED IN THIS ARTICLE
New York
Wall Street
McDonald's
Nvidia
Federal Reserve
McDonald’s
Computer Associates
Todd Clark
Wells Fargo Securities
Standard & Poor
S&p
Oil and gas rig count drops 23 to 1074 in US
U S rig count fell by 23 this week to 1074 with 920 gas rigs, 149 oil rigs and five miscellaneous. Texas and Louisiana each shed six rigs, Oklahoma down five, New Mexico two, Alaska one. California gained one, Wyoming unchanged. Market context noted broader stock declines and investor caution ahead of Fed policy.
MENTIONED IN THIS ARTICLE
Houston
United States
Baker Hughes Inc
Texas
Louisiana
Oklahoma
New Mexico
Alaska
California
Wyoming
Clark
Fed
Tracy Herrick
Jefferies & Co
New York Stock Exchange
Also Mentioned on This Page
Insurance Commissioner
Castro
Associated Press
Jerry Johns
Southwestern Insurance Information Service
Rita Nowak
Alliance of American Insurers
el Chg
Eee Ky
NYSB
al Kroger
Landrys NY
Wore
Aphittall
Labrzol
Lucent
Sinten S
Lyondall RY
Wamerpt
ResCare
AMDL
Mwamerco
Bk Ol Am
Lea Ate
Terck NY
Euroters
Cambiarg
Moonia
Isramc
Cebina
OncPet
Sachass
Galdsig
AZ Ane Inmetnig
Wwart Ase AG Janie Nasd
Imcdnids
WwaxDiag
Penney NY
ChermiTex
Pepsico
Id Ieee
Cisco
Ochadeys
Corvigra
ConocPhil Ny
ANG ResentRs
Royal
ScheroPi
TropSart
Bears
NY A
Primedia
Sims
Nesd
TaiwSerni
Glabeco
Sore
Intel
SuiMico
SunMicro
Troon
BemaGold
Chindiom
GenBec
Exxon
DIA Diam
Isco
GriMiatr
Microsoft
Utley
Ussites
GenElec
Nabors
Oracle ApidMat
Veritas Naz
Sina
Bae
Dow Jones
Dow Industrials
Dow Transportation
Dow
Russell
Wilshire
Vtrerican
Acineeab
Weha
Adelty Invest
Anegia
Magella
Enus
Sie
Shico Core
Dandene
Swinnesiod
Renton
Earbotom
Winates Ee Sry
Nmeserss
Hope Yen
The
Peterbert
Ae Bates
Iomals, Inc
Vice Press
Jennifer Marcontell
Decker Baytown
Edward Jones
Tember
Stephen.v. Takach
N. Alexander
Baytown
Cura
UN Member
SIPC
Lee Oe
Texas Brokerage
W. Baker
Www
Texasbrokerage.com
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