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Florida’s property insurance crisis continues to worsen. Farmers Insurance Group is leaving. Close to 100,000 Florida homeowners will be impacted by this withdrawal.
ST. PETERSBURG, Fla. — Amid Florida's ongoing property insurance crisis, another company is leaving the state altogether — Farmers Insurance Group. Last month we told you Farmers was putting a ...
Lawmakers respond after Farmers Insurance Group decides to stop writing new property policies in Florida ... Updated: 11:26 AM EDT Jul 13, 2023 Editorial Standards ⓘ Scott Heidler ...
A Farmers spokesperson, Trevor Chapman, confirmed it is discontinuing Farmers-branded home, auto and umbrella insurance – a total of 100,000 policies, most of them homeowners policies.
TALLAHASSEE — Farmers Insurance Group announced Tuesday that it would no longer write new policies or renew existing homeowner, auto and umbrella policies, affecting about 100,000 customers, a ...
Farmers Insurance Group announced Tuesday that it would no longer write new policies or renew existing homeowner, auto and umbrella policies under one of its product names, a day after Florida ...
Florida Farmers Insurance Group stops writing new property policies in Florida As Florida deepens into hurricane season, the company is pumping the breaks on its coverage.
California-based Farmers Insurance said Monday it is laying off 11% of its workforce — or 2,400 employees — in a bid to restructure itself for long-term growth. The jobs being cut are from ...
Farmers Insurance will lay off 11% of its workforce — or about 2,400 employees — as part of restructuring efforts, the company announced Monday, Aug. 28, 2023. (AP Photo/Gregory Bull, File) AP ...
Since Ron DeSantis was first sworn in as governor in 2019, Florida property insurance rates have ballooned to an average of $4,231, nearly triple the national average of $1,544.
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