Real Estate News 02/19/07

PROPERTY INSURANCE

State regulators on Friday gave tentative approval to the first rate cuts by private home insurance companies following last month’s passage of a new law giving the companies more access to Florida’s backup insurance fund.

INSURERS

Amid the changes that state lawmakers made last month to Florida’s property insurance regulations, one central issue was left on the table: the Florida-only insurance companies. Gov. Charlie Crist and key legislators are pledging to take a hard look at these insurers during the regular legislative session in March.

INTERNATIONAL

Foreign investors prefer America’s real estate market most in the whole world, University of Wisconsin-Madison research shows, with 63 percent of respondents ranking it as their top choice, followed closely by India and then China.

U.S. INCOME TAXES

The taxman cometh: With the April 17 deadline from the Internal Revenue Service approaching, here are 10 tasks to take care of before that date.  I personally thought it was the 16th - we get a extra day to file.

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