Mississippi's attorney general has thrown down the gauntlet to State Farm with a legislative proposal that would force the carrier to continue writing new homeowners policies in the state.
During a press conference today, Attorney General Jim Hood unveiled a proposal that would force carriers writing auto insurance in the state to provide homeowners and commercial insurance if they write those policies elsewhere in the United States. He said the legislation mirrored similar legislation passed in Florida.
"[State Farm is] punishing their own insurance agents in other parts of the state who are innocent of anything, and they are punishing the state of Mississippi by making an example of us and trying to intimidate a federal judge and our legislature to deal with the wind pool situation," Mr. Hood said.
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