What's behind exodus of property insurance companies from Florida?

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The bottom line is national insurers don't have a major presence in Florida. Mark Friedlander, with the Insurance Information Institute offers some perspective.

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Farmers pulls out of Florida property insurance despite efforts to stabilize the marketFarmers informed the state that it is discontinuing new coverage of auto, home and umbrella policies.
منبع: wjxt4 - 🏆 246. / 63 ادامه مطلب »

Florida homeowners take major hit in crumbing property insurance marketIf you have Farmers Insurance you might want to start looking for a new property insurance provider.
منبع: WOKVNews - 🏆 247. / 63 ادامه مطلب »

Insurance company pulls out of Florida; 100K policyholders affectedThe Florida insurance market took a hit Tuesday, as Farmers Insurance said it will end residential, auto and umbrella policies in the state, forcing tens of thousands of customers to look elsewhere for coverage.
منبع: WOKVNews - 🏆 247. / 63 ادامه مطلب »