Auto Insurance In Effect With Hearing Planned
The Texas State Insurance Board will keep the auto insurance rate plan effective on January 1 with a public hearing set for January 14 to discuss the controversial program. Board Chairman Penn Jackson said the plan rewards safe drivers and raises rates for accident prone motorists, and noted the need for 10 days notice before any suspension. Senator Grady Hazlewood had urged a special hearing and proposed waiving penalties for past moving violations, but Jackson did not comment on the letter and invited all interested parties to attend. The hearing will be held at the State Highway Department Building auditorium.
MENTIONED IN THIS ARTICLE
Austin
Texas
State Insurance Board
Penn. Jackson
Jackson
Grady Hazlewood
Amarillo
Hazlewood
Beard
Sen. Hazlewood
State Highway Department
Wholesale prices fall while living costs rise in paradox
New York AP notes wholesale commodity indexes retreat yet the cost of living climbs. It explains price measurement quirks in BLS indexes, showing raw materials and services shifting weights while final consumer prices lag or rise differently. The piece cites labor costs, scrap steel, and steel processing as factors shaping price dynamics.
MENTIONED IN THIS ARTICLE
New York
Washington
Bureau of Labor Statistics
Associated Press Daily
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