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State Farm Won't Write New Policies
State Farm Insurance is Florida's largest private insurer writing policies to cover homeowners in case of loss.
State Farm has decided to stop writing policies in Florida. Don't expect that to hurt the 1 million currently with a homeowner's policy covered by State Farm, but the state run insurer of last resort, Citizens Property Insurance will be expected to pick up the slack.
If you want an answer as to why State Farm has made this move, just follow the money trail.
From Jacksonville Personal Injury Lawyer posted 2008-02-23.