"I am extremely disappointed with the actions of Farmers and am contemplating further disciplinary actions at this time," stated Georgia insurance commissioner John King. Photo: Rob Hainer, Adobe Stock
With insurers pulling out of states like Florida and California, or choosing not to underwrite new policies in some states, Georgia insurance commissioner John F. King, has announced that Farmers Insurance has rescinded tens of thousands of nonrenewal notices that would have taken effect next month. The insurance commissioner's office said it has contacted Farmers to determine how many policyholders were involved, although since all of the nonrenewal notices have been rescinded, "no policyholders are impacted at this time."
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Patricia L. Harman
Patricia L. Harman is the editor-in-chief of Claims magazine, a contributing editor to PropertyCasualty360.com, and chairs the annual America's Claims Event (ACE), which focuses on providing claims professionals with cutting-edge education and networking opportunities. She covers auto, property & casualty, workers' compensation, fraud, risk and cybersecurity, and is a frequent speaker at insurance industry events. Contact her at [email protected]
