▲ 176 ▼ Farmers Insurance is leaving Florida in latest blow to homeowners (www.tampabay.com) submitted 3 years ago by Odusei@lemmy.world to c/news@lemmy.world 42 comments fedilink hide all child comments The decision was “necessary to effectively manage risk exposure,” the company said.
[–] flipthetube@lemmy.world 9 points 3 years ago (3 children) 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. permalink fedilink source hideshow 6 child comments replies: [–] SplicedWren@sopuli.xyz 11 points 3 years ago They didn't leave California, no. Article from today. Limits on policies. permalink fedilink source parent [–] Seraph@kbin.social 5 points 3 years ago State Farm & Allstate due to wild fire risks. permalink fedilink source parent [–] dipbeneaththelasers@kbin.social 4 points 3 years ago Yeah, reportedly due to the increased wildfire risk and inflation. https://apnews.com/article/california-wildfire-insurance-e31bef0ed7eeddcde096a5b8f2c1768f permalink fedilink source parent
[–] SplicedWren@sopuli.xyz 11 points 3 years ago They didn't leave California, no. Article from today. Limits on policies. permalink fedilink source parent
[–] Seraph@kbin.social 5 points 3 years ago State Farm & Allstate due to wild fire risks. permalink fedilink source parent
[–] dipbeneaththelasers@kbin.social 4 points 3 years ago Yeah, reportedly due to the increased wildfire risk and inflation. https://apnews.com/article/california-wildfire-insurance-e31bef0ed7eeddcde096a5b8f2c1768f permalink fedilink source parent