Baltimore Drivers Face Legal Higher Auto Insurance Rates
Baltimore residents pay more for auto coverage than rural Maryland drivers amid a dispute over territorial rating. Insurance Commissioner Donaho defended the policy as actuarially justified, citing higher city risk from urban claims. Lawmakers and city officials denounced the ruling, pledging court challenges and potential legislation to curb geographic-based rates.
MENTIONED IN THIS ARTICLE
Baltimore
State Farm Fire & Casualty Co
Joan Vonano
Donaho
John A. Pica
Pica
General Assembly
State slashes BG&E rate hike in Maryland decision
Baltimore Gas and Electric will charge residential customers about 2.96 dollars more monthly after the Maryland Public Service Commission approved a 77 million dollar, 4.7 percent rate increase. The decision rejects a planned 4.4 percent jump to fund Brandon Shores 2, and disallows full recovery of Calvert Cliffs nuclear costs. The ruling sets the stage for a later 72 million dollar request when Brandon Shores powers up in 1991.
MENTIONED IN THIS ARTICLE
Baltimore
Baltimore Gas & Electric Co
Maryland Public Service Commission
Brandon Shores
Pasadena
Alow Bg&e
Brandon Liores
Junio
John Metzger
Bg&e
Calvert Cliffs
PSC
Art Sinlark
Grain futures and eggs sell in unsettled market report
Chicago Board of Trade futures show mixed activity in corn soybeans and oats with Dec Mar and May quotes and open interest changes. Philadelphia egg prices edge higher for consumer white eggs while Delmarva poultry prices hold and produce markets see varied but mostly steady wholesale levels with trims in fruits and vegetables. Mount Vernon Realty launches Toys for Tots drive in partnership with the U.S. Marine Corps inviting toy donations through December 23 across its offices.
MENTIONED IN THIS ARTICLE
Philadelphia
USDA
Mount Vernon Realty
Mount Vernon Realty, Inc
U.S. Marine Corps
W. Howard Rooks
D.C
Maryland
Virginia
Florida
Grove named executive VP at Genstar
Bernard L. Grove has been appointed executive vice president of Genstar Stone Products Company. He begins top management duties overseeing aggregates ready mix concrete and paving. Grove joined the firm in 1958 rising from sales representative to VP of aggregate operations. He is a University of Maryland agronomy and agricultural engineering graduate and active in industry groups and local commerce.
MENTIONED IN THIS ARTICLE
Bernard L. Grove
Genstar Stone Products Company
Mr. Grove
University of Maryland
Grove
National Stone Association
Maryland Aggregates Association
Frederick
State Farm to raise Maryland auto insurance rates
State Farm Mutual will raise its Maryland auto insurance prices by an average 2.8 percent effective January 15. Increases target liability and personal injury protection while collision and comprehensive coverages may decline for many customers. Individual premium changes vary by coverage, vehicle, driver, and location.
MENTIONED IN THIS ARTICLE
State Farm Mutual
Maryland
State Farm
Also Mentioned on This Page
Mr. Pica
Maryland Insurance Commission
Mary Pat Clarke
Baltimore City Council
People’s
John M. Glynn
Govigusy
Grains Chicago
Chicago Board of Trade
New York
Handy & Harmon
London
Engelhard
Comex
Delmarva Poultry
Delmarva
U.S
Chile
Texas
Genstar
AP Stock Quotes
IBM
Bell Atlantic Mobile Systems
Mid-Atlantic
Business Radio
Industry Lane
Bidg. O Frederick, MD
Ste
Woodshors Savings Bank
N. Mainst
C.D
Woodsboro
FDIC
Peraly
Rosemont Ave
Columbia First Bank
Federal Savings Bank
Nc, MD & VA
Columbia First
Abe
Epson Equity
EPSON
Peachtree US
Marjorie Humbert
Peachtree
Epson ComputerLand
McCain Drive
Frederick County
Montgomery County
Washington County
Rt. 40
Roy Rogers
Pson & Brurty
Raien “Ton Amenie,Inc
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