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Message
Just got told Farmers is leaving LA
Posted on 5/12/23 at 2:40 pm
Posted on 5/12/23 at 2:40 pm
Quotes are not looking good for me. Feels like I'm back to square one right out of college and can't save anymore.
6
Posted on 5/12/23 at 2:43 pm to Hu_Flung_Pu
Damn that sucks.
Who is left?
I'm thinking of buying in Moss Bluff now to be north of I10
Who is left?
I'm thinking of buying in Moss Bluff now to be north of I10
Posted on 5/12/23 at 2:44 pm to Hu_Flung_Pu
Didnt they just come back?
Posted on 5/12/23 at 3:01 pm to Hu_Flung_Pu
They just dropped me for auto (no kids, wife and I's driving records are spotless) but kept me for homeowners, which I thought was strange. I guess the LA insurance nightmare has now bit me in the arse too.
Posted on 5/12/23 at 5:45 pm to Hu_Flung_Pu
True story about farmers:
Katrina hit
Rita hit
Farmers asked the state in 06 to raise rates by like 18%. (Admitted carriers have to petition state to raise rates, so they have to file docs justifying it). State said no.
In 07, they again asked. State said no.
So….they left the state. They just recently got back, so I presume something similar has occurred.
Katrina hit
Rita hit
Farmers asked the state in 06 to raise rates by like 18%. (Admitted carriers have to petition state to raise rates, so they have to file docs justifying it). State said no.
In 07, they again asked. State said no.
So….they left the state. They just recently got back, so I presume something similar has occurred.
Posted on 5/13/23 at 7:54 am to Hu_Flung_Pu
Trial lawyers, hurricanes, fraud and significant claims inflation are making it tough to make money for insurances companies in Louisiana.
Posted on 5/13/23 at 9:10 am to Hu_Flung_Pu
Didn’t they just build a big office on Corporate?
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