ABC7 reported how State Farm Insurance stopped selling new homeowner policies in California last Saturday -- now a second major carrier, Allstate Insurance, confirmed today it ended new home policies ...
New York (CNN) — Allstate Insurance says it will pay out $1.1 billion in claims caused by the wildfires that swept through Southern California in January. While the expected payout is significant, ...
Allstate said the wildfires that blazed through Southern California last month will bring the insurance company a sizable loss. CEO Tom Wilson said in a statement Wednesday that the wildfire-related ...
Total insured losses from the horrific Los Angeles wildfires currently exceed $30 billion, and they’re expected to go higher. This catastrophe, when all is said and done, easily will be among the top ...