Search
 
Commentary

Is State Farm A Bad Neighbor?

While their ads insist that "Like a good neighbor, State Farm is there," in Florida the carrier is behaving more like Clint Eastwoods character in ...

By Staff Writer | Updated on February 11, 2009

GRAN-TORINO.jpgWhile their ads insist that “Like a good neighbor, State Farm is there,” in Florida the carrier is behaving more like Clint Eastwoods character in “Gran Torino”brandishing a deadly weapon and warning everyone to get off his lawn.

State Farm gave the public yet another reason to distrust insurers by announcing it would pull out of Floridas homeowners market, leaving over 1.2 million clients up the creek, shortly after its request for a 47.1 average premium increase was turned down. (For NU coverage of the pullout, click here.)

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.