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Farmers Insurance to reduce coverage in Florida

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Farmers Insurance is reducing its coverage in Florida.

Company officials told the Florida Office of Insurance Regulation that it would "discontinue offering Farmers-branded auto, home and umbrella policies in the state."

"There is no impact to 70% of policies currently in force for customers in the state, including Bristol West, Foremost SignatureSM, Farmers GroupSelectSM, Foremost Choice and Foremost-branded policies," a spokesperson said.

Read more from Fox Business.

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