State Farm has reached an agreement to continue offering homeowners’ policies in Florida, after what the state’s top insurance regulator called “a long and arduous negotiation process.”

Ten months after State Farm Florida, the state’s largest property-casualty insurer, announced it was leaving the homeowners’ market, the insurer may have a change of heart.

A move by Florida Gov. Charlie Crist to stop deregulation of property-casualty insurance could encourage other companies to leave the state, according to a public policy group.

Charlie Crist

Crist vetoed …  Read →