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The Florida Insurance Commissioner has approved State Farm's exit from Florida. Kevin McCarty "conditionally approved the withdrawal plan submitted Jan. 27," a news release says. ...more
February 13, 2009
Private property insurers should be able to absorb the million-plus policyholders State Farm will orphan if the company withdraws from the market, a state regulator said Tuesday. ...more
February 4, 2009
Private property insurers should be able to absorb the million-plus policyholders State Farm will orphan if the company withdraws from the market, a state regulator said Tuesday. ...more
February 3, 2009
The state insurance commissioner has again denied State Farm Florida's proposed 47 percent rate increase for property coverage against hurricanes and other perils. ...more
January 12, 2009
At the end of 2009, Citizens Property Insurance Corp., Florida's largest home insurer, probably will be free to raise rates for the first time in three years. ...more
January 7, 2009
At the end of 2009, Citizens Property Insurance Corp., Florida's largest home insurer, probably will be free to raise rates for the first time in three years. ...more
January 6, 2009
Policyholders of Citizens Property Insurance Corp. could face sizable rate increases and lose the option to stay with the state-backed property insurer if a task force's recommendations are approved. ...more
January 3, 2009
A final meeting of a task force Tuesday in Tampa will discuss several major changes for customers of Citizens Property Insurance Corp., Florida's largest property insurer. ...more
January 2, 2009
State regulators are making progress in moving policies out of state-run Citizens Property Insurance Corp. and into the hands of private insurers. ...more
December 14, 2008
Private insurers are taking another 110,000 homeowners policies out of state-run Citizens Property Insurance Corp., state insurance regulators announced late Thursday. ...more
November 15, 2008
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