The Impact of Wildfires on California’s Insurance Market: Allstate Ceases Offering of New Policies

Allstate Halts New Insurance Policies in California Due to Wildfires and Other Costs Allstate, one of the largest insurance providers in the United States, has quietly stopped issuing property and casualty coverage to new customers in California as wildfires and other rising costs continue to impact the state. The move comes after the insurance giant […]

Why Allstate’s decision to stop offering property insurance in California is cause for concern

Allstate and State Farm Stop Issuing Property Insurance Policies in California Allstate and State Farm, two of the largest insurance companies in the United States, have halted the issuing of new property insurance policies to homeowners and commercial property owners in the state of California. The decision, which was first reported by The San Francisco […]