State Farm Withdrawal Hearing Postponed While Discussions With Florida Office of Insurance Regulation Continue
Sep 25, 2009
In response to a joint motion filed by State Farm Florida and the Florida Office of Insurance Regulation, the Florida Division of Administrative Hearings has rescheduled the October 12 and 13 final hearing regarding State Farm’s proposed Florida property insurance market withdrawal to November 17-20, 2009.
In the motion, both parties state that discussions have been ongoing, and that both parties are “hopeful that their continued discussions will allow them to arrive at an amicable resolution,” which would obviate the need for a final hearing, along with the accompanying expense and time required to prepare for it.
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