Now that Farmers Insurance has decided to join more than a dozen other Florida insurance companies that have stopped writing home insurance policies in the state, over 100,000 homeowners are ...
SUMMER: IF IT’S NOT SKYROCKETING RATES, IT’S LOSING THEIR COMPANY ALTOGETHER. FLORIDHOA MEOWNERS HAVE BEEN LEFT SCRAMBLING AS MORE INSURANCE COMPANIES STOP WRITING POLICIES IN FLORIDA, OR GOUT O OF ...
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Corrections & Clarifications: An earlier version of this story misstated the relationship between Farmers Insurance and its California customers. Another property insurer is dropping coverage in ...
A previously secret study revealing that Florida insurers claimed to be losing money because of major storms while transferring billions of dollars to affiliate and parent companies sheds light on the ...
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Farmers Insurance has become the latest insurance company to pull out of Florida, despite repeated efforts by Republican Gov. Ron DeSantis and the state legislature to shore up the volatile market. On ...
Florida consistently ranks among the most expensive states for car insurance, with average annual costs higher than the national average. Factors contributing to high rates include frequent hurricanes ...
Hurricane Ian’s widespread damage is another disaster for Florida’s already shaky insurance industry. Even though home insurance rates in Florida are nearly triple the national average, insurers have ...
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Travelers, Geico and Mercury are the top picks in our Florida analysis Written By Written by Insurance Staff Writer, WSJ | Buy Side Kara McGinley is a staff Insurance Writer at WSJ | Buy Side.
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