Search
 

Allstate Nixes New NY Metro Home Biz

The Northbrook Ill.-based carrier said it took the measure affecting New York City and northern Westchester County as well as the Long Island counties of Nassau and Suffolk to "better manage its expos

By Steven Tuckey | Updated on January 12, 2006

Battered by recent hurricane losses, Allstate Corp. said it will no longer write new homeowners insurance policies for Long Island and other parts of the New York metropolitan area.

The Northbrook Ill.-based carrier said it took the measure affecting New York City and northern Westchester County as well as the Long Island counties of Nassau and Suffolk to “better manage its exposure,” and it will continue servicing and renewing current customers.

Want to continue reading?
Become a Free
PropertyCasualty360 Digital Reader.

INCLUDED IN A DIGITAL MEMBERSHIP:

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

PropertyCasualty360

Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2024 ALM Global, LLC. All Rights Reserved.