Farmers Insurance will stop offering its policies in Florida, which includes home, auto and umbrella, in a change that will affect 100,000 people.
Farmers Insurance will stop offering its policies in Florida, which includes home, auto and umbrella, in a change that will affect 100,000 people.
It already is funky. The states have been fighting over water rights allocations for years. I seem to recall some positive movement once the federal government threatened to step in and solve it for them. But I know until that point they were using insane numbers for the Colorado river watershed – essentially all their calculations were based on a volume that the Colorado river had never even come close to having.
Last time I checked, they gathered middle of last year to take measures for sparing water, but they eventually decided to do nothing, and instead they let the emergency measures trigger in as the level of the water got lower and reached a point of alert at the end of last year.
Whatever the new emergency measures are, they refused to apply those themselves at the time and preferred to let the automatic mechanism do it for them. They were probably afraid to be the ones who bring the bad news to their farmers. It would be political suicide. That’s only speculation of course.