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 $126.03 [...] [...]
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, life and [...] [...]
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 percent.
The [...] [...]
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, up [...] [...]