Farmers Insurance is limiting sales of homeowners policies in Florida and California, becoming the latest big insurer to pull back from the hurricane- and wildfire-prone states
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For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com.Insurer is the latest to cut back in states where premiums have soaredIn Miami and the rest of Florida, Farmers is pulling back on some policy sales because of high inflation, severe weather and reconstruction costs.
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