Coverage dated July 10, 2023 to July 12, 2023

Farmers Insurance pulls out of Florida, affecting 100,000 policyholders

Headline from CBS News, from the development of Jul 11, 2023

Newest development Jul 13, 2023 · 3 reportsFarmers Insurance pulls out of Florida, policyholders panic

The company said in a statement that its decision to get out of Florida was a business decision necessary to manage its risk exposure in the hurricane-prone state.

CBS News's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Developments in this update

2 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.

Jul 11, 2023Names this update
Farmers Insurance pulls out of Florida, affecting 100,000 policyholders
Headline from CBS News ·
Jul 13, 2023Newest
Farmers Insurance pulls out of Florida, policyholders panic
Headline from FOX 13 Tampa ·

Read the reports

Reports & sources

28 articles, oldest first.

CBS News
Farmers Insurance leaving Florida (opens CBS News)
Published Jul 10, 2023
CBS News's feed description
The Florida insurance market took a hit Tuesday, as Farmers Insurance said it will end residential, auto and umbrella policies in the state
Seattle Times
Farmers pulls out of Florida property insurance despite efforts to stabilize the market (opens Seattle Times)
Published Jul 10, 2023
Seattle Times's feed description
Farmers Insurance is the latest property insurance company to pull out of Florida.
CBS News
Farmers Insurance pulls out of Florida, affecting 100,000 people (opens CBS News)
Published Jul 10, 2023
CBS News's feed description
It's the fourth major insurer to exit the state, a sign of the growing toll of climate change on the hurricane-prone state.
Tampa Bay Times
Farmers Insurance is leaving Florida in latest blow to homeowners (opens Tampa Bay Times)
Published Jul 10, 2023
Tampa Bay Times's feed description
The decision was “necessary to effectively manage risk exposure,” the company said.
Gizmodo
Farmers Insurance pulls out of Florida’s shaky market (opens Gizmodo)
Published Jul 11, 2023
Gizmodo's feed description
The insurance company explained that it was cautious of future extreme weather.
WOGX Ocala
'I panicked!': Many Farmers Insurance customers in Florida uncertain about coverage options (opens WOGX Ocala)
Published Jul 11, 2023
WOGX Ocala's feed description
A Florida resident who just renovated her 100-year-old home is worried she will have to move out of Florida.
Tampa Bay Times
What does Farmers Insurance leaving Florida mean for policyholders? (opens Tampa Bay Times)
Published Jul 11, 2023
Tampa Bay Times's feed description
Here’s what to do if you lose coverage.
CBS News
Farmers Insurance pulls out of Florida, affecting 100,000 policyholders (opens CBS News)
Published Jul 12, 2023
CBS News's feed description
The company said in a statement that its decision to get out of Florida was a business decision necessary to manage its risk exposure in the hurricane-prone state.
WSVN Miami
Farmers pulls out of Florida property insurance despite efforts to stabilize the market - WSVN 7News | Miami News, Weather, Sports (opens WSVN Miami)
Published Jul 11, 2023
WSVN Miami's feed description
TALLAHASSEE, Fla. (AP) — Farmers Insurance became the latest property insurance company to pull out of Florida on Tuesday despite repeated efforts by Republican Gov.
FOX Business
Farmers Insurance reducing coverage in Florida (opens FOX Business)
Published Jul 11, 2023
FOX Business's feed description
Farmers Insurance has plans to reduce its coverage in Florida, a move that will ultimately result in some Floridians needing new auto, home or umbrella insurance policies.
Washington Times
Farmers Insurance to pull out of Florida, cut back in California (opens Washington Times)
Published Jul 11, 2023
Washington Times's feed description
Farmers Insurance will no longer offer home and auto coverage in Florida, forcing thousands to find new providers.
CBS News
Farmers Insurance pulls out of Florida, affecting 100,000 policies (opens CBS News)
Published Jul 11, 2023
CBS News's feed description
It's the fourth major insurer to exit the state, a sign of the growing toll of climate change on hurricane-prone regions
NBC 6 South Florida
Homeowners forced to look for alternatives after Farmers Insurance announces departure from Florida (opens NBC 6 South Florida)
Published Jul 11, 2023
NBC 6 South Florida's feed description
Farmers Insurance is the latest property insurance company to pull out of Florida. The company informed the state Tuesday it wouldn’t write new policies despite repeated efforts by Republican Gov. Ron DeSantis and the Legislature have made to try to calm the volatile market that is making homeowners…
Quartz
Farmers Insurance has lost appetite for business in extreme weather hotspots (opens Quartz)
Published Jul 11, 2023
Quartz's feed description
The insurer is restricting its offerings in Florida and California
The Daily Caller
Farmers Insurance Pulls Out Of Florida, Forcing Around 100,000 To Seek New Coverage (opens The Daily Caller)
Published Jul 11, 2023
The Daily Caller's feed description
Thousands of Florida residents are seeking new insurance coverage after Farmers Insurance announced they would no longer be offering coverage in the state.
Insider
What to do now that Farmers Insurance will stop insuring about 100,000 policies in Florida (opens Insider)
Published Jul 12, 2023
Insider's feed description
After pausing new homeowners insurance policies in Florida, Farmers Insurance has decided to stop offering insurance under the Farmers brand.
FOX 13 Tampa
Farmers Insurance pulls out of Florida, policyholders panic (opens FOX 13 Tampa)
Published Jul 12, 2023
FOX 13 Tampa's feed description
Farmers Insurance announced it was pulling out of Florida.
NBC 6 South Florida
Another insurer is withdrawing part of business from Florida. What happens next? (opens NBC 6 South Florida)
Published Jul 12, 2023
NBC 6 South Florida's feed description
If you have a Farmers insurance policy, you can reach out to your insurance agent to see the different coverage options that may be available to you.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.