https://thehill.com/policy/energy-environment/4098567-aaa-follows-farmers-in-limiting-coverage-in-florida-citing-natural-disaster-threat/ Refresh (2700 sec) Skip to content Toggle Menu TheHill.com * [ ] [Search] Close search form * News + Senate + House + Administration + Courts + Campaign + 2024 Elections + Health Care + Media + Education + Latino + LGBTQ + Race & Politics + State Watch + In The Know + Changing America + People in the News + Print Edition * Policy + Defense + Energy & Environment + Health Care + Technology + Transportation + International + Cybersecurity + National Security + Space + Sustainability * Business + All business news + Budget + Economy + Personal finance + Housing + Lobbying + Taxes + Trade * Opinion + Columnists + Congress Blog + All Contributors o Campaign o Civil Rights o Criminal Justice o Cybersecurity o Education o Energy and Environment o Finance o Healthcare o Immigration o International o Judiciary o National Security o Technology o White House + Submit Opinion Content * Events + Upcoming Events + About * Jobs + The Hill Jobs + National Jobs * Hill TV * Newsletters + Sign up + Morning Report + 12:30 Report + Business & Economy + Defense + Health Care + Campaign Report + Technology + Energy & Environment + Sustainability * Sign up to our latest Newsletter Sign Up * Search trending: * Kevin McCarthy * 2024 Elections * Special Report: Cancer sponsored: * Content from IASIC on Cannabis * Content from AT&T Just In... * UK defense chief Ben Wallace announces plans to step down: report International - 31m 23s ago * Christie raises over $1.6 million in first month of campaign: FEC filing Campaign - 1h 37m ago * Winners and losers from the second fundraising quarter Campaign - 2h 4m ago * Sunday shows preview: Ukraine admittance to NATO remains in limbo after summit; 2024 GOP race takes shape Sunday Talk Shows - 2h 11m ago * 4 dead in Atlanta-area shooting, suspect at large: police State Watch - 2h 18m ago * Pence says abortion should be banned for nonviable pregnancies Campaign - 2h 33m ago * Debate rages over California coastal development amid housing crisis State Watch - 2h 40m ago * Burgum loans presidential campaign $10 million, most of second quarter haul Campaign - 2h 48m ago View all Load more Energy & Environment AAA follows Farmers in limiting coverage in Florida, citing natural disaster threat by Nick Robertson - 07/14/23 6:36 PM ET Share Tweet ... [ ] More by Nick Robertson - 07/14/23 6:36 PM ET Share Tweet ... [ ] More Share Twitter Facebook LinkedIn Whatsapp Email This Satellite image provided by NASA on Sept. 26, 2022, shows Hurricane Ian pictured from the International Space Station just south of Cuba gaining strength and heading toward Florida. NASA via AP This Satellite image provided by NASA on Sept. 26, 2022, shows Hurricane Ian pictured from the International Space Station just south of Cuba gaining strength and heading toward Florida. AAA will not renew home and car insurance for some of its policyholders in Florida, citing increased natural disaster risk that it says makes the policies not worth providing. "Unfortunately, Florida's insurance market has become challenging in recent years," the company said in a statement, reviewed by CBS. "Last year's catastrophic hurricane season contributed to an unprecedented rise in reinsurance rates, making it more costly for insurance companies to operate." AAA said the change would only impact a "small percentage" of its customers. "This decision is one we do not take lightly, yet it's a necessary one to reaffirm our commitment to the state and those we insure," it said. The Hill has reached out to AAA for further comment. Farmers Insurance made a similar announcement on Tuesday, saying it will stop offering auto, home and umbrella insurance in Florida entirely. Hurricane season and other severe weather events mean that Florida already has some of the highest home insurance rates outside of tornado alley, according to finance tracker Bankrate. UK defense chief Ben Wallace announces plans to step down: report Debate rages over California coastal development amid housing crisis The Sunshine State is expected to be one of the ones most impacted by climate change, through both an increase in storm severity and by rising sea levels. Florida land is about 100 feet above sea level on average, one of the lowest in the country. Farmers will also reduce its home insurance coverage in California, again citing increased potentials for damage from earthquakes and wildfires. In May, State Farm insurance also announced it would leave California's home insurance market. Tags AAA Climate change Farmers Insurance Florida Insurance State Farm --------------------------------------------------------------------- Copyright 2023 Nexstar Media Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. Share Tweet ... [ ] More Share Twitter Facebook LinkedIn Whatsapp Email More Energy & Environment News See All [heat-worke] Energy & Environment Another scorcher: Friday set to shatter records as 90 million under heat alerts by Miranda Nazzaro 1 day ago Energy & Environment / 1 day ago [643df76485] Energy & Environment Senate adds language blocking gas stove ban to appropriations bill by Rachel Frazin 1 day ago Energy & Environment / 1 day ago [kerryjohn_] Energy & Environment Kerry testifies 'under no circumstances' will US pay climate reparations by Zack Budryk 1 day ago Energy & Environment / 1 day ago [heat-worke] Energy & Environment Summer of climate catastrophes brings risks for workers by Rachel Frazin and Saul Elbein 2 days ago Energy & Environment / 2 days ago See All Video/Hill.TV See all Hill.TV See all Video [rising-car] Rising Rising: July 14, 2023 by TheHill.com 07/14/23 11:42 AM ET Rising / 1 day ago [rising-car] Rising Rising: July 13, 2023 by TheHill.com 07/13/23 12:25 PM ET Rising / 2 days ago [rising-car] Rising Rising: July 12, 2023 by TheHill.com 07/12/23 11:40 AM ET Rising / 3 days ago See all Hill.TV See all Video Top Stories See All [bidenjoe_t] Campaign Winners and losers from the second fundraising quarter by Jared Gans 2 hours ago Campaign / 2 hours ago [lakekari_0] Campaign Kari Lake: 'I believe I'm the only one who can win' Arizona Senate race by Jared Gans 9 hours ago Campaign / 9 hours ago [abortio-ri] Campaign Abortion ballot measures set the stage ahead of 2024 by Caroline Vakil 7 hours ago Campaign / 7 hours ago [heat-worke] State Watch Five non-climate reasons why danger of extreme heat is rising by Saul Elbein 4 hours ago State Watch / 4 hours ago See All Most Popular 1. Ex-Secret Service agent 'not surprised' about White House cocaine incident 2. Winners and losers from the second fundraising quarter 3. 'Historically strong' El Nino possible: What it means for winter 4. 2024's Social Security COLA increase might be slightly larger than last ... 5. Tucker Carlson aggressively questions Pence over Jan. 6, 2021 6. Many Gen-Xers facing retirement 'nightmare' due to lack of savings: report 7. Kari Lake: 'I believe I'm the only one who can win' Arizona Senate race 8. Judge upholds stringent Oregon gun control law as constitutional 9. Republican problems on race add up 10. Kari Lake's team ordered to pay more than $122K in sanctions over Maricopa ... 11. Pence says abortion should be banned for nonviable pregnancies 12. George Will: Trump and DeSantis will be GOP primary losers 13. Woman accused of attacking police during Capitol riot sentenced to six years in ... 14. Carlson interview with Tate highlights far-right's effort to redefine ... 15. Geraldo Rivera says he was 'very offended' by Tucker Carlson's portrayal ... 16. Appeals court rules Catholic school can fire counselor over her same-sex ... 17. Senators to offer amendment to require government to make UFO records public 18. Chris Wallace spars with RNC chair over 2020 fake electors drama Load more DON'T MISS A BRIEF. SIGN UP FOR OUR DAILY EMAIL. [ ] [Send] TheHill.com News * 2024 Elections * Senate * House * Campaign * Administration * Regulation * Media * Briefing Room * Latino * 12:30 Report * Coronavirus Report * Floor Action * In The Know * Sunday Talk Shows * More * more Policy * Defense * Energy & Environment * Health Care * Technology * International * Transportation * Cybersecurity * National Security * Sustainability * More Video * Latest * Defense * Energy & Environment * Healthcare * Technology * Transportation * International * Cybersecurity * National Security * Sunday Shows * Events * More Opinion * Contributors to The Hill * Columnists * Congress Blog * More Resources * The Hill Apps * People * RSS Other Areas * Galleries * The Hill Jobs * National Jobs Contributors * Submit Opinion Content Follow Us On Get the App Get the Android app from Google Play Get the Android app from Google Play Get the iOS app from App Store Get the iOS app from App Store * Do Not Sell or Share My Personal Information * SUBSCRIPTIONS * PRIVACY POLICY * TERMS & CONDITIONS * CONTACT * ADVERTISE * * NewsNation * BestReviews * Nexstar Digital * Journalistic Integrity * Do Not Sell or Share My Personal Information THE HILL 1625 K STREET, NW SUITE 900 WASHINGTON DC 20006 | 202-628-8500 TEL | 202-628-8503 FAX (c) 1998 - 2023 Nexstar Media Inc. | All Rights Reserved.