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FRIDAY, NOVEMBER 27, 2009
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NEWS ABOUT: State Farm

State Farm stories: 2 news summaries

Denied Rate Hike, State Farm to Axe Fla. Home Insurance

Company holds 1.2M policies in state hit hard, and often, by nature

(Newser) - Citing a “weakened financial position,” State Farm’s Florida operation is planning to completely exit the home insurance business there within 2 years, the Miami Herald reports. Such a move would need regulatory approval, and require a 180-day heads-up to affected homeowners. The move comes after the insurer,... More »

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Florida insurance regulation homeowners property insurance State Farm home insurance rate increase

As Money Woes Rise, Drivers Let Insurance Lapse

Jobless Americans can't afford insurance

(Newser) - As the unemployment rate climbs, so, too, does the number of drivers letting their car insurance lapse, the Wall Street Journal reports. One industry group says several hundred thousand drivers dropped their insurance in the last year alone. A study two years ago pegged the percentage of uninsured drivers at... More »

2 Stories