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Thursday, August 19, 2010

Bitty's Back Porch: Like a Bad Neighbor, State Farm Picks Up Its Toys and Leaves Town

Bitty's Back Porch: Like a Bad Neighbor, State Farm Picks Up Its Toys and Leaves Town: "WEDNESDAY, JANUARY 28, 2009

Like a Bad Neighbor, State Farm Picks Up Its Toys and Leaves Town
State Farm will no longer insure homes in Florida.

The decision by State Farm Florida comes two weeks after state insurance regulators rejected the company's request to raise rates by more than 47%. The decision means State Farm Florida - a subsidiary of national insurance giant State Farm Mutual - will no longer renew policies for its roughly 1.2 million customers in the Sunshine State.
This is crummy news for people like my friend Alanna, who has been a State Farm customer for (I presume) years and years. State Farm considered Alanna and hubby good neighbors when it wanted their business. Not so much now."

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