Allstate to stop writing policies for homeowners in California
Allstate Insurance Co. on Thursday to stop the letter from the new owners of insurance policies in California, calls upon the State a region threatened with disaster, too risky.
The company said it will continue to encourage customers with the policies and homeowners, it would renew the policy, if they flee. The company will continue to follow new policies, and serve existing for other lines of coverage like auto insurance. Allstate also said it would stop the new owner of insurance policies.
“It’s California,” said Rich Halberg, an Allstate spokesman. “This is a catastrophe very fragile. It is the home of some of the harmful disasters in the country.
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