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

Starting in November 2006, Royal Palm will provide property insurance options through the more than 900 Allstate agencies across Florida.

Under the agreement, which is subject to closing conditions, most of the 120,000 Allstate Floridian policyholders who will not be offered renewal by Allstate Floridian as their current policies expire, will be offered homeowners coverage from Royal Palm Insurance.

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