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News@lemmy.world · 1 year ago

AAA pulls back from offering insurance in Florida, following Farmers

www.cbsnews.com

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AAA pulls back from offering insurance in Florida, following Farmers

www.cbsnews.com

Odusei@lemmy.world to

News@lemmy.world · 1 year ago

More insurance companies are fleeing the state because of the growing threat from natural disasters.

More insurance companies are fleeing the state because of the growing threat from natural disasters.

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TheDarkKnight@lemmy.world
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1 year ago
They are a business and their business model shows they can’t make profit in Florida any longer. It would be morally unjustifiable to continue operating in Florida, to their employees and shareholders.

These aren’t non-profit companies.

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