State Farm

4 Stories

Sinkhole a Big Headache for Florida Church

Church says it can't use building, but State Farm says there's 'no problem'

(Newser) - Florida has been hit with yet another suspected sinkhole —this one preventing a North Naples congregation from using a beloved church. "The floor in the main auditorium has sunk about four-and-a-half inches in one area," says the pastor at Faith Community Church. A landscaper has already tumbled... More »

State Farm Cancels Policies on Florida Coast

125K are losing coverage in middle of hurricane season

(Newser) - State Farm, Florida’s top home insurer, is ditching 125,000 of its coastal customers this year—right in the middle of hurricane season. The cancellation notices will start flowing this week, informing residents that they’ll be unprotected starting Aug. 1, NBC News reports. State Farm says it’s... More »

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 »

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 »

4 Stories