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State Farm raises rates and stays in Florida

17 December 2009

State Farm has agreed to stay in Florida, after negotiations with regulators has allowed the company to raise its rates by 14.8%, ending the insurer’s threat to leave the state.

Read more: state farm florida Jim Thompson insurance commissioner Kevin McCarty State Farm Florida

State Farm has agreed to stay in Florida, after negotiations with regulators has allowed the company to raise its rates by 14.8%, ending the insurer’s threat to leave the state.

In January, State Farm announced it would leave the Florida property insurance market as a result of state regulators rejection of...


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Catastrophe bond issuance was $4.3bn in 2011. How much new issuance will there be in 2012?

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22%
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