State Farm insurance turbulence causes agent storm

by Henry FleetWith the 2004 and 2005 hurricanes inflicting sizable damage in Florida, insurance company State Farm Florida was hailed for its rapid turnaround time on claims, and fair disbursements. After this though, and following an infusion of funds from its parent company, State Farm Florida was wrestling with over twenty million dollars in losses every month. As one of the last remaining large home insurance companies, besides Allstate Floridian and Nationwide Florida (companies with their

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