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By Chad Hemenway, PropertyCasualty360.com |
September 3, 2010
Allstate agents in Florida said the insurance company is attempting to reintroduce auto insurance-related quotas in order for agents to keep their ability to place property policies with other companies.
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By Chad Hemenway, PropertyCasualty360.com |
August 5, 2010
Actions to improve its Encompass subsidiary, lower growth and additional risk management actions in California and Florida negatively impacted property liability results for Allstate Corp., which reported a 62.7 percent drop in second-quarter net income.
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By Chad Hemenway, PropertyCasualty360.com |
July 13, 2010
Two Allstate subsidiaries in Florida are asking regulators to approve 33 percent and 18 percent average statewide rate increases for homeowners insurance based on the fact that loss expenses are exceeding premiums, Allstate said.