That's scary if true. I changed from a company that was headquartered in Boston to one in Minnesota - though a lot of agents work out of Tennessee.
Its absolutely true. I have almost 40 years experience working for the insurance industry. I’ve worked for Life, Health, Dental, Property and Casualty companies. I have experience with Marine, Flood, Fire, High Exposure and all kinds of specialty insurance. The industry is very closely inter-related. When Katrina hit, virtually the entire P&C industry ponied up the money; no one company paid any large claims alone, all chipped in. I know of one name brand insurance company that is licensed in only 46 states. Another name brand insurance company, supposedly a competitor, handles the insurance in the other four states under their competitor’s name. This isn’t improper or uncommon at all. Its how the business works.
An insurance boycott will almost certainly fail. Through re-insurance operations, most companies can have all the business they can handle.