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Nationwide Insurance Co. said Wednesday that it plans to drop the homeowners insurance policies of about 60,000 Florida customers. ...more
October 8, 2009
Nationwide Insurance Co. of Florida has announced plans to drop about 60,000 home insurance policies. ...more
October 7, 2009
Florida Insurance Commissioner Kevin McCarty says his office and the Hartford Financial Services Group will refund or issue credits totaling more than $48 million to Florida businesses. ...more
August 14, 2009
Customers of the state-backed Citizens Property Insurance Corp. are going to see their premiums rise, but by how much hasn't been finalized. ...more
April 29, 2009
The Senate has passed a hurricane insurance bill that raises rates on more than 1 million customers of the Citizens Property Insurance Corp. ...more
April 28, 2009
One of Florida's new startup property insurance companies was told Wednesday to stop selling policies — at least for a while. ...more
March 18, 2009
TIPS FOR STATE FARM CUSTOMERS >>> GET INFORMED. Florida's Office of Insurance Regulation and State Farm Florida have posted special sections on their Web sites to help homeowners whose policies will be canceled over the next three years. The state site, www.floir.com/statefarmdocs .aspx, provides policyholders key information, including a timeline for the cancellation of policies, resources for obtaining alternative coverage, a list of the state's top home insurers, and several documents and statistics related to State Farm's plan to pull out of Florida. Similar information can be found at www.statefarm.com/florida. ...more
March 4, 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
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
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