LETTER TO THE EDITOR: ‘Good riddance’ to State Farm?

Mar 11, 2008

Orlando Sentinel–Mar. 11, 2008

Gov. Charlie Crist is reported to have said “good riddance” when State Farm announced that it would not be writing any new policies in Florida. Not a sensible statement.

Also, State Farm is not renewing a large number of existing policies.

The majority of those former insureds could now be covered by the largest insurer in Florida: Citizens Property Insurance Corp.

The company is aptly named because the total responsibility for Citizens’ losses and deficits can fall directly on the citizens of Florida and their pocketbooks.