Farmers Insurance is limiting sales of homeowners policies in Florida and California, becoming the latest big insurer to pull back from the hurricane- and wildfire-prone states
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law.
For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.Insurer is the latest to cut back in states where premiums have soaredIn Miami and the rest of Florida, Farmers is pulling back on some policy sales because of high inflation, severe weather and reconstruction costs.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Another major insurance company limits new homeowners insurance in California | CNN BusinessFarmers Insurance has limited new homeowners insurance policies in California, joining other major national insurance providers.
Read more »
Another major insurance company limits new homeowners insurance in CaliforniaFarmers, the second-largest provider of homeowners insurance in the state, said it placed the cap on the number of policies in California effective July 3. The company cited high costs and wildfire…
Read more »
Business Insurance Roiled by Climate, InflationBusiness insurance has been roiled by the same forces disrupting home insurance markets in catastrophe-prone areas of the U.S., with companies facing tougher conditions as they try to insure their properties
Read more »
A Health-Care Plan for Twenty-Six-Year-Olds Being Kicked Off Their Parents’ InsuranceWe offer lower rates for subscribers who block all their exes (and those exes’ new partners) on social media. That includes Venmo.
Read more »
More people moved out of Florida than any other state in 2021Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
What is and isn't covered by flood insurance?As New Yorkers clean up from Sunday's devastating storm, many want to know what is -- and isn't -- covered by flood insurance? We hear from an expert to find out.
Read more »