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.

Farmers Insurance Group did not answer our questions about when they stopped writing new property insurance policies in Florida and the spokesperson did not say when or if they may resume.

Yesterday, OIR received a market reduction notice from Farmers Insurance Group. OIR is reviewing the notice in accordance with applicable Florida Statutes. However, the notice has been marked as ...

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 ...

LOOKING FOR A NEW INSURANCE PROVIDER AS FARMERS BECOMES THE LATEST COMPANY TO SCALE BACK. AND FLORIDA WESH 2 ASKED STATE LAWMAKERS ABOUT WHEN WE COULD SEE STABILITY IN THE MARKET. FOLLOWING TWO ...

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 ...

TAMPA, Fla. (WFLA) — Slide Insurance, which is based in Tampa, has acquired the renewal rights for all Farmers Insurance homeowners policies in Florida after the company announced it would no ...

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 ...

Contacts Edin Imsirovic Senior Financial Analyst +1 908 439 2200, ext. 5740 edin.imsirovic@ambest.com Robert Raber Associate Director +1 908 439 2200, ext. 5696 robert.raber@ambest.com Christopher ...

Under the $1.9 billion deal, Farmers Group will buy AIG’s personal auto insurance group, which includes Woodland Hills-based 21st Century, from the struggling New York insurance giant.