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  1. K

    Allstate shuts down CA Homeowners

    @pointeee Florida is an opportunity for national carriers if they select risk appropriately. The market is collapsing. There’s plenty of money to be made.
  2. K

    18y/o on our car insurance - lawsuit risk?

    @stevethewaldner Yeah a decent umbrella policy with high limits should alleviate any concern s
  3. K

    Allstate shuts down CA Homeowners

    @nadine777 Allstate’s rates are competitive in comparison to other large carriers but they have the worst customer service I’ve ever encountered. I had an Allstate policy for all of two days.
  4. K

    Allstate shuts down CA Homeowners

    @owens266 I’m gonna assume you don’t work in the industry, because if you do you should already know the answer to this.
  5. K

    Allstate shuts down CA Homeowners

    @android17ak47 This is the answer.
  6. K

    Allstate shuts down CA Homeowners

    @spencer5150 No one that works in insurance should be surprised as this is just a continuation of the march towards E&S subsidiaries gulping up market share in states with insurance depts that are hostile to carriers. Edit: E&S is a work around. Carriers need proper rate to operate. Yes, it’s...
  7. K

    Allstate shuts down CA Homeowners

    @kimv The capacity is shrinking and its driving up rate even more. The ILS market is also shrinking, compounding the problem.
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