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coverage: State Farm Risks Insolvency - 03/14/09 06:10 PM
State Farm's controversial decision to pull their 1.2 million homeowners insurance policies from Florida has not come easily. There has been an backlash of confusion and protest from the insurance giant's long-time clients and agents. They feel betrayed and abandoned by a company that has over-promised and under-delivered. 
State Farm is now appealing a set of orders by insurance regulators to give up its certification as an insurer and to allow its employees to sell other companies policies. These stipulations have brought anxiety to State Farm, as they fear insolvency before they are able to leave the Florida market. In a … (0 comments)

coverage: McCarty Says State Farm Can Blame Themselves - 02/25/09 08:58 PM
State Farm's announcement that they will be leaving the Florida insurance property market has caused quite a fuss - and not just from the 1.2 million Florida policyholders it will be affecting. Florida Insurance Commissioner Kevin McCarty, State Senator Mike Fasano, and Florida governor Charlie Crist have all been very vocal on the matter, and they aren't happy about it.
Florida Insurance Commissioner Kevin McCarty, who recently approved Sate Farm's pullout with conditions, says that the whole thing is "very disappointing for Floridians" and explains that he's doing his best to make sure the Florida insurance market stays intact. Many believe … (0 comments)

 

Heidi Holdam

Lake Worth, FL

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H.G. Holdam Insurance & Tax Accounting

Address: 3830 Jog Rd, Lake Worth, FL, 33467

Office Phone: (800) 685-0726

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