03/29/2024
More craziness in the insurance world!
Insurance rates have gone crazy over the last few years.
Things like this will not help the situation either...
https://www.businessinsurance.com/article/20240328/NEWS06/912363536/AM-Best-downgrades-State-Farm-General?fbclid=IwAR32DZxOGIsKST6Hs-9yx3cTlQ62TqDuBbxV2SH5dWOZXQsyC-z6_4AHbuc_aem_ASMMviUDsG9PnYSqMXSRUgvunHKVEzDdKRrQLsfx63VwrSHTEZz8PutcK943fA7cmAKsw7lx3Rdn8AJgVxuhuZxF
Rating agency A.M. Best Co. said Thursday it has downgraded the financial strength rating of State Farm General Insurance Co., the homeowners unit of State Farm Group, to B (Fair) from A (Excellent).