Many Citrus Countians recently got sticker shock when they saw their home insurance policy renewals skyrocket. In some cases they've doubled.
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Farmers Insurance, which may have as many as 100,000 policies in Florida, abruptly announced it is pulling out of the state.
The decision by the insurer apparently caught top state regulators off guard who complained about Farmers actions.
Florida Insurance Commissioner Michael Yaworsky on Tuesday...
TALLAHASSEE, Fla. — The 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.>>> STREAM CHANNEL 9 EYEWITNESS NEWS LIVE...
Written by Matthew Kupfer/San Francisco Standard
Published: 10 July 2023
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A third major property insurance company is changing the way it does business in California.
Reporting by Matthew Kupfer in the San Francisco...
Photo: istockphoto.comLawn care businesses continue to be a popular business endeavors across the country. While some are run by companies with many employees, others are operated by self-employed small-business owners who seek to provide the best lawn care services to their community....
Companies Claim Inflation and Extreme Weather Events Are To Blame
By Dolores Quintana
Starting on July 3, 2023, Farmers Insurance has joined a growing list of insurance companies that are either limiting new policies or restricting the policies they will write...
