A hearing by Florida regulators over State Farm's business actions in the state has been postponed because the department said it has not received all the documents it requested.
In a statement released today, Florida Insurance Commissioner Kevin McCarty postponed the Aug. 14 hearing intended to review recent underwriting decisions made by the Bloomington, Ill.-based carrier in Florida.
The department said a subpoena served on the company's three subsidiaries for the hearing required that certain records be produced for review by regulators by the close of business Aug. 8.
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