Allstate Drops California; Will Not Write New Insurance Policies Over Wildfires, Construction Costs
Allstate Drops California; Will Not Write New Insurance Policies Over Wildfires, Construction Costs Insurance giant Allstate has stopped writing new policies for homeowners, condominiums and commercial structures, citing wildfires, higher costs of construction and higher reinsurance premiums, the SF Chronicle reports. The company, the fourth largest casualty insurance provider in the state in 2021, said […]
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