Elsewhere.
Farmers insurance is going to stop offering its policies in the state of Florida.
Affecting home auto and umbrella policies
change is set to affect thousands of Floridians who
will need to find a new insurance provider.
The decision was made to manage the risk of being in a hurricane prone state.
According to farmers,
it is worth noting that subsidiaries owned by farmers insurance
like foremost signature in Bristol West will not be impacted.
Additionally,
farmers limited new homeowner insurance policies in
California due to the high costs associated with
wildfire risks following suit after all state
and state farm set limits there earlier.