"Challenges in Securing Home and Auto Insurance in America"
TL;DR
Allstate suffered significant losses and struggled to secure desired rate increases, leading the insurance company to threaten to stop renewing auto insurance for customers in three states that resisted its demands. This move would have left policyholders scrambling for coverage, prompting the states to yield to Allstate's demands.
- Buying Home and Auto Insurance Used to Be Routine. It's Becoming a Nightmare. The Wall Street Journal
- America is running out of home-owners insurance New York Post
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