State Farm plans its strategy to exit Florida | pnj.com | Pensacola News Journal

State Farm plans its strategy to exit Florida | pnj.com | Pensacola News Journal: "TALLAHASSEE — Heading into the most active months of the hurricane season, upcoming regulatory decisions will radically change Florida's property-insurance market and determine the future for millions of consumers.

Pending before Insurance Commissioner Kevin McCarty are negotiations and decisions about the state's two largest property insurers, State Farm Florida and government-run Citizens Property Insurance. The two are separate but inextricably entwined.

"It's six months of stress, for sure," McCarty said of the June-to-November hurricane season."