Floridas Growing Insurance Crisis - PowerPoint PPT Presentation

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Floridas Growing Insurance Crisis

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State Farm. Florida. No action will be taken in furtherance of the Withdrawal Plan ... State Farm Florida will continue business in its ordinary course, including the ... – PowerPoint PPT presentation

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Title: Floridas Growing Insurance Crisis


1
State Farm Florida
No action will be taken in furtherance of the
Withdrawal Plan prior to the expiration of the
90-day notice period. State Farm Florida will
continue business in its ordinary course,
including the writing of policies during this
time.
2
State Farm Florida Surplusprojected result
(1/27/09) if we take no action
Projected results based on current assumptions
about future revenue and expenses.
Assumes no hurricanes in 2009, 2010 and 2011
3
State Farm Florida Surplusprojected result
(1/27/09) under plan
Projected results based on current assumptions
about future revenue and expenses.
Assumes no hurricanes in 2009, 2010 and 2011
4
For Customers
5
For Customers
  • Letter to Florida policyholders
  • 1-800 number
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