TALLAHASSEE — Farmers Insurance Group announced Tuesday that it would no longer write new policies or renew existing homeowner, auto and umbrella policies, a day after Florida Chief Financial Officer Jimmy Patronis took to Twitter to threaten to take action if it did. “Hearing rumors @WeAreFarmers might pull out of Florida,” Patronis tweeted Monday afternoon. “If that’s true my office is going ...
How long until Daddy Sam and tax payer money comes to the rescue of these “victims”
asking for a friend
Not long if you’re already rich
It apparently already happened; either the state or feds gave three billion to the insurance companies, per the article. Fucking hell.
wtf… just take me to the farm already!
That’s been going on for decades now.
It’s expensive as hell and 1% of Home Owners are sucking up 25% of the benefits.