State Farm is leaving the property insurance market in Florida. It won't happen immediately. They can't do anything before "90 days and is then prohibited by law from discontinuing any policy before giving a six-month notice." They have even put forth a 2 year plan to help customers find other coverage.
Find the complete story here: http://www.jacksonville.com/news/2009-01-27/story/state_farm_will_put_out_of_florida_property_insurance_market
Date: 2009-01-28 08:47:00