A request by state officials to let 826 captive agents of State Farm Florida represent other insurance companies is being rejected by the Bloomington, Ind.-based insurer.
Alex Sink, CFO for the State of Florida, raised the suggestion in a letter to State Farm Florida President Jim Thompson. “I urge you to immediately allow your agents to obtain insurance appointments from other property companies,” Sink wrote. “Your loyal insurance consumers deserve the opportunity to keep their relationships with their State Farm agent and be placed with the property insurance company that best meets their insurance needs.”
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