State Farm to limit new home, auto-policy in Nevada
State Farm Insurance Co., Nevada, the dominance of auto insurers and the second at home insurer, is limiting the number of applications agents can be used for this policy in Nevada.
There have been similar actions in other countries and a moratorium on new policies in some countries.
Peggy Dehl, a spokesman for the Nevada Insurance Division, there were no figures but she said she has seen indications that other companies are strengthening its underwriting standards for owners home and auto insurance.
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