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Boomers will change consumer patterns — they always have

The country is on the verge of a brave new Boomer-consumer world, and economists and marketing experts are working overtime trying to predict the next big buying pattern. Continue Reading Boomers will change consumer patterns — they always have

Consumers to spend more this Valentine’s Day

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Consumers this year are set to spoil their friends, family and loved ones on Valentine’s Day – and price is not a concern. According to the national Retail Federation, the average person plans to spend 8.5 percent more this year on chocolates, teddy bears and flowers. The survey shows that the average person will spend… Continue Reading Consumers to spend more this Valentine’s Day

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Consumer complaints to the Division of Insurance led to $11.7 million in recovered insurance benefits. In half the complaints filed with the division, insurance companies violated state laws regulations, or disregarded policy provisions. The division published its analysis of consumer complaints during the last fiscal year, a report that covers annuities, auto, health, homeowners, liability,… Continue Reading Division recovers $11.5 million for insured consumers

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The Colorado Division of Insurance will be keeping a closer eye on insurance companies and their ever-increasing proposals to raise premium levels. The division will use a $4 million, three-year federal grant to more accurately and efficiently review the rate increase proposals. Last year, insurance carriers in Colorado increased their rates on average of 9… Continue Reading Insurance division grant allows closer eye on insurance cos.

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Consumers continue cautious behavior

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Consumers continue to behave cautiously when it comes to spending – even on necessities – with more saying they’ve held out for promotions and discounts when shopping for school supplies. A National Retail Federation report indicated 17 percent of families with school-age children said 100 percent of their purchases were influenced by bargains and coupons,… Continue Reading Consumers continue cautious behavior

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