I’ve been with State Farm for over 10 years, and I’ve never seen homeowner claims this unpredictable. Between hurricanes, floods, and severe storms, the costs are skyrocketing and risk models keep shifting. It feels like every year the “new normal” just gets more expensive. For those of you in insurance, how are your companies handling the rising cost of catastrophic claims and keeping coverage affordable for customers?

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Conservative underwriting approach. Grow where it’s profitable, shrink where it isn’t.

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As you know, many companies have moved out of state, especially for second homes or vacation, homes or investment homes they’ve stopped covering everything other than the primary home, especially in states like California and Florida.

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