The insurer has announced that it will no longer write new policies or renew existing coverage in the state. Farmers Insurance Group has announced that it will no longer be writing or renewing existing auto, umbrella or home insurance policies. This decision will impact about 100,000 customers across the state that is already facing a coverage crisis. The auto and home insurance company made its decision only one day after Florida Chief Financial Officer Jimmy Patronis threatened to take action against the insurer if it proceeded with its plan. Hearing…
Read MoreFarmers drops 100,000 auto and home insurance policies in Florida
