A Company officials say they are losing nearly $20 million a month. After being denied a 50 percent rate increase late last year, continuing to operate in Florida “would have resulted in insolvency,” said State Farm Florida CEO James Thompson.  Is this true?  Why do regulators allow homeowners companies to set up seperate LLC’s in Florida?  Don’t you think all of their companies should be under one umbrella?  Another way to work the system.  Read More Here…