Farmers discontinuing Florida auto, homeowners’ business, draws OIR rebuke
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Farmers discontinuing Florida auto, homeowners’ business, draws OIR rebuke

Farmers Insurance logo aon their headquarters building in Woodland Hills, CA, USA.

Farmers Insurance has advised the Florida Office of Insurance Regulation (OIR) that it will no longer offer Farmers-branded auto, home and umbrella policies in Florida.

“This business decision was necessary to effectively manage risk exposure,” a spokesperson told Inside P&C on Tuesday.

The decision applies only to policies issued through the company’s exclusive agency distribution channel.

“There

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