Odusei@lemmy.world to

News@lemmy.world · 3 years ago

Farmers Insurance is leaving Florida in latest blow to homeowners

www.tampabay.com

cross-posted to:
florida@lemmy.ml

171

Farmers Insurance is leaving Florida in latest blow to homeowners

www.tampabay.com

Odusei@lemmy.world to

News@lemmy.world · 3 years ago

cross-posted to:
florida@lemmy.ml

The decision was “necessary to effectively manage risk exposure,” the company said.

The decision was “necessary to effectively manage risk exposure,” the company said.

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flipthetube@lemmy.world
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3 years ago
Didn’t they just do the same in California, along with State Farm and maybe others?

Thought I read something about it but didn’t get all the details.
- SplicedWren@sopuli.xyz
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  3 years ago
  They didn’t leave California, no.
  
  Article from today.
  
  Limits on policies.
- Seraph@kbin.social
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  3 years ago
  State Farm & Allstate due to wild fire risks.
- dipbeneaththelasers@kbin.social
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  3 years ago
  Yeah, reportedly due to the increased wildfire risk and inflation.
  
  https://apnews.com/article/california-wildfire-insurance-e31bef0ed7eeddcde096a5b8f2c1768f

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