State Farm Cancels 125,000 Florida Policies: Expiration To Come Halfway Through Hurricane Season

04/05/2010 05:12 am ET | Updated May 25, 2011
  • MSNBC.com And NBC News

The largest homeowners insurer in Florida is canceling the policies of 125,000 of its most vulnerable customers beginning Aug. 1, halfway through the 2010 hurricane season.

The company, State Farm Florida, began sending out cancellation notices this week to nearly a fifth of its 714,000 customers, most of them in the state's hurricane-prone coastal regions.

Read more on MSNBC.com And NBC News

YOU MAY LIKE