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Keyword: insuror

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  • Insurer to end some policies on coast

    09/15/2006 5:57:04 AM PDT · by laotzu · 1 replies · 339+ views
    San Antonio Lightning ^ | 9/15/06 | By PURVA PATEL
    Thousands of State Farm Lloyds customers along the coast will lose their property insurance starting next year. The state's largest insurer said Thursday it plans to not renew 6,000 personal and commercial policies on properties within 2,500 feet of coastal waters or bays, on a barrier island or peninsula. That means nonrenewals for about 780 policies in Harris County and 3,200 policies in Galveston County, according to company spokeswoman Sophie Harbert. "Reducing our waterfront exposure will allow State Farm to meet the needs of more customers elsewhere in the coastal market that we might not otherwise be able to write...