Farmers Insurance Leaving Florida 2024 Update. — the florida insurance market took a hit tuesday, as farmers insurance said it will end residential, auto and umbrella policies in the state, forcing tens of thousands of customers to look elsewhere for. Farmers insurance exchange is one of the insurers comprising farmers insurance group ®.
— florida’s tumultuous insurance marketplace took yet another hit on tuesday, when farmers insurance announced plans to drop policies across the state, potentially impacting tens of thousands. — farmers insurance is the fourth major insurer to pull out of florida, adding to the growing number of companies that have become insolvent or left.