Not that it's a defense — they sold you a service and should live up to it — but you have to consider the circumstances. The damage on the Gulf Coast was so severe that reinsurance companies were having financial trouble.
I was informed that State Farm had 29 Billion (with a B) in cash reserves to deal with this type of disaster. Add to that the federal help and I can't see how they were running into trouble. Now, of course, the premiums have gone up 30-80% across the board. If you weren't simply dropped.
I guess what really makes my blood boil is when they have no problems sponsoring sports events but don't want to come through when it really matters. Quit wasting my money (That I am REQUIRED to give you) on crap like that and they'd have plenty of cash to rebuild their rainy day fund.
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