Thursday, February 05, 2009

Insurers not taking in Tampa Bay's State Farm policyholders

Nothing comes easy for the Florida homeowners State Farm plans to dump, particularly those who live in the Tampa Bay area. Although state regulators are hopeful that smaller Florida-based insurers will pick up the bulk of the 1.2 million State Farm property insurance policies, the bay area's proximity to water and legacy of costly sinkhole damage continues to scare away insurers.

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