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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
Putting Rail On Map More than a year ago, the question was asked: "Why can't Tampa do this?" A rail line from Tampa Palms along Bruce B. Downs Boulevard, west along Fowler Avenue, south along Nebraska to downtown Tampa, and west along Kennedy Boulevard, then northwest on Memorial Highway frontage road to Tampa International Airport. ...more
March 1, 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
question and answer on state farm's exit from florida for property insurance ...more
February 27, 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
It looks as though the only major property insurer committed to stay in Florida is Florida's own Citizen's Property Insurance Corporation. Allstate bailed out; now State Farm. ...more
February 25, 2009
It looks as though the only major property insurer committed to stay in Florida is Florida's own Citizen's Property Insurance Corporation. Allstate bailed out; now State Farm. ...more
February 25, 2009
State Farm won't be the last property insurer to pull up stakes in Florida if insurance companies aren't allowed to charge their customers higher rates, industry experts said Tuesday. ...more
February 25, 2009
State Farm won't be the last property insurer to pull up stakes in Florida if insurance companies aren't allowed to charge their customers higher rates, industry experts said Tuesday. ...more
February 24, 2009
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