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State Farm is eliminating some of its discounts for property insurance customers in Florida. ...more
August 8, 2009
State Farm has until April 14 to file an amended appeal of the plan state regulators approved for the company's withdrawal from Florida's property insurance market. ...more
March 31, 2009
The Legislature has another major headache beside a revenue shortfall on its hands during its 2009 regular session. Lawmakers are coming to more fully understand the enormity of the financial hole they and Gov. Charlie Crist have been digging for Florida taxpayers as they have tried to "protect" them from rate increases from "greedy" insurance companies. ...more
March 14, 2009
State Farm Florida on Friday appealed stipulations that Insurance Commissioner Kevin McCarty has put on its plan to withdraw from the state's property insurance market because of the high risk of hurricanes. ...more
March 7, 2009
Teresa Jackson, a State Farm policyholder for 18 years, has been looking for replacement coverage since State Farm announced, in late January, plans to pull out of Florida's property insurance market. ...more
March 4, 2009
Too high? Too low? Debate on homeowner insurance rates might devolve into a shouting match when state lawmakers convene Tuesday for the 2009 session of the Legislature. A gaping canyon seems to divide opinions on the topic. No middle ground seems to exist, especially regarding Citizens Property Insurance, the state-backed insurer of last resort for many Pasco residents. ...more
February 28, 2009
State regulators say Florida's insurance market can absorb most, if not all, of the 1.2 million policies State Farm plans to drop over two years beginning in November. About 470,000 policies, including all boat-owner policies, will be dropped during the first year. But many insurers won't sell policies for older homes and homes in high-risk coastal areas. ...more
February 27, 2009
State Farm's plan to drop 1.2 million policyholders in Florida will dominate discussions at a two-day summit on property insurance beginning Tuesday in Orlando. ...more
February 24, 2009
State Farm's plan to drop 1.2 million policyholders in Florida will dominate discussions at a two-day summit on property insurance beginning Tuesday in Orlando. ...more
February 23, 2009
Gov. Charlie Crist's political mantra has been to hold down property insurance rates, taxes and almost anything else costly for people he wants voting for him next year. ...more
February 22, 2009
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