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KNTV NBC Nightly News With Lester Holt June 4, 2024 23:16:00

Stronger and more costly, the crisis is reaching a breaking point. is the insurance market in florida right now working the way it is? it s not at peak efficiency right now. i think it s been hobbled by a number of storms that have hit. i think it s been hobbled by the legal environment. reporter: florida recently passed legislation to address the crisis. but none of it is a magic wand, unfortunately, that s just going to heal florida s home insurance market right now. this is going to take a couple of years. reporter: since the start of last year, more than 20 home insurance companies in florida have either stopped writing new policies or gone out of business. and it s not just florida. statefarm and allstate have stopped offering new homeowner insurance policies in california, colorado and louisiana are also seeing insurers stop business. meanwhile, home buyers like brittany are left in limbo. where do we get the break? there has to be a give at some point. ....

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HCLTech to Modernize IT Operations for State Farm®

HCLTech, today announced that State Farm, the leading provider of auto, home, and commercial insurance, has selected the company to reimagine its IT service desk and infrastructure operations. ....

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