State Farm may stay for Florida homeowners

Ten months ago, State Farm was the scourge of Tallahassee when it announced plans to pull out of Florida's property insurance market. Good riddance, Gov. Charlie Crist said at the time. "Floridians will be much better off without them." Insurance Commissioner Kevin McCarty insisted there was no cause for alarm, that some 700,000 homeowners policies shed by the biggest private insurer in the state would largely be absorbed by Florida startups. Now regulators have changed their tune and say there's at least a chance that part of State Farm's homeowners business will stay.

Click here to enter the Tampa Realtors MLS (updated daily)
Register to receive an email every morning of today's new listings
Visit my website or contact me by email