ST Alpha - "Farmers is pulling out of Florida but only 30% of Farmers policies in Florida are sold by Farmers?" (Reading a Post)

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Farmers is pulling out of Florida but only 30% of Farmers policies in Florida are sold by Farmers?

Posted by ty97 Jul 11 '23, 18:13

It sounds like they have at least five or six subsidiaries that sell 70% of the Farmers policies in Florida and that the subsidiaries will stay?

What a bizarre industry.

Responses:

Look into the mortgage crisis. -- nm - VMan Jul 11, 19:09 2
- now I'm depressed remembering The Big Short -- nm - prayformojo 🐵 Jul 11, 19:14 1
  - Did you ever read The Great Wall Street Scandal? A true story of a mortgage and insurance scam that I've mentioned before. -- nm - Meg Jul 11, 19:34
I blame the JenBro/Pippy Alliance -- nm - prayformojo 🐵 Jul 11, 18:15 2
- Heh, we always knew never to sell insurance in Florida. The state run insurance fund is about to go insolvent. It’s going to get a whole lot worse -- nm - Pippy 🏳️‍🌈 aka lady on the plane Jul 11, 19:49 1
  - and FEMA is broke, so insuranceless families are going to get wiped out and no relief -- nm - zeitgeist Jul 11, 21:00

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Farmers is pulling out of Florida but only 30% of Farmers policies in Florida are sold by Farmers?

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