Allstate is seeking to purchase reinsurance on a nationwidebasis, according to an analyst's report of a management meeting thecompany held recently.
Bank of America property-casualty insurance analyst BrianMeredith quoted Allstate management officials as stating that theestimated extra cost of up to $2 billion could be passed along topolicyholders in the form of rate increases.
Mr. Meredith wrote that Allstate is also busy with efforts tolobby government officials to establish catastrophe insurance poolson both a federal and state level.
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