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Many politicians, editorialists and citizens have weighed in on the recent decision by State Farm to withdraw from Florida's property insurance market. Some of the comments have derided the decision. These comments sometimes emanate from a lack of understanding of the issues and, unfortunately, others come from people who know better. ...more
February 14, 2009
Florida Insurance Commissioner Kevin McCarty on Friday approved State Farm's exit from under a plan that would keep state-run Citizens Property Insurance from swelling. ...more
February 14, 2009
TALLAHASSEE (AP) - Insurance Commissioner Kevin McCarty opened the door Friday for State Farm Florida to withdraw from the state's property insurance market, but only after it meets several stipulations. ...more
February 14, 2009
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
Independent insurance agents, who have recently become very busy as a result of State Farm's decision to leave the property insurance market in Florida, believe the companies they represent will be able to pick up the slack. ...more
February 8, 2009
Kenneth J. Warzyn of New Port Richey says attempts by Florida officials to punish State Farm for withdrawing from the state's property insurance market could backfire and hurt seniors. ...more
February 7, 2009
State Farm is planning to appeal the state's rejection of its rate filing in court - but don't mistake that for a sign that the company might stick around, company officials said Thursday. ...more
February 6, 2009
Fire State Farm Editor's note: The following letter was written to Jim Thompson, president of State Farm Florida, and forwarded to Sen. Mike Fasano. It is reprinted here at the author's request. ...more
February 5, 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
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