Allstate Insurance company will no longer be underwriting houses effective in July. No changes will occur for existing customers. The move is supposedly to "limit its exposure to catastrophe" such as earthquakes. Allstate has also trimmed coastal exposure in other states that are prone to natural catastrophes. Allstate has also stopped writing new homeowners policies in Connecticut, Delaware, Florida and New Jersey as well as in eight coastal New York counties. Source: CBS5.com.

TrackBack URI for this entry

Comments (0)

Subscribe to this comment's feed

Name

Email (not displayed)

Your Website (optional)

Comment

smaller | bigger

Subscribe via email (registered users only)

Write the displayed characters

Add Comment Preview