State Farm to Remain in Florida

Posted on December 16, 2009 by Mark Nation

Today, State Farm and the Florida Office of Insurance Regulation announced an agreement for State Farm to remain in Florida.  A copy of the Consent Order between the state and State Farm can be downloaded by clicking here.

State Farm's dispute with the state began with a request by State Farm for a 67.1 percent rate increase.  In the Consent Order, the state did agree to a 14.8 percent rate increase. 

 

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