Tuesday, July 21, 2009

First District Affirms Decision Relating to State Farm Withdrawal From Florida

Yesterday, in State Farm Insurance Company v. Office of Insurance Regulation (1D09-592), the First District affirmed the the Jan. 12 final order of Insurance Commissioner Kevin McCarty. The issue relates to State Farm's plan to leave the state and the related rate increase that State Farm previously sought.

A press release on the Florida Office of Insurance Regulation website can be found here and an article in the Palm Beach Post here.


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