News@lemmy.world · 1 year ago

Farmers Insurance is leaving Florida in latest blow to homeowners

www.tampabay.com

cross-posted to:
usnews@beehaw.org

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Farmers Insurance is leaving Florida in latest blow to homeowners

www.tampabay.com

Odusei@lemmy.world to

News@lemmy.world · 1 year ago

cross-posted to:
usnews@beehaw.org

The decision was “necessary to effectively manage risk exposure,” the company said.

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1 year ago
Yeah, reportedly due to the increased wildfire risk and inflation.

https://apnews.com/article/california-wildfire-insurance-e31bef0ed7eeddcde096a5b8f2c1768f

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