Allstate Floridian said Friday it has reached an agreement withRoyal Palm Insurance Company, a new property insurer in the state,to offer Allstate Floridian and other customers property insurancecoverage.

Starting in November 2006, Royal Palm will provide propertyinsurance options through the more than 900 Allstate agenciesacross Florida.

Under the agreement, which is subject to closing conditions,most of the 120,000 Allstate Floridian policyholders who will notbe offered renewal by Allstate Floridian as their current policiesexpire, will be offered homeowners coverage from Royal PalmInsurance.

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