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Allstate to begin nonrenewing policies in coastal New York state.


Allstate Corp. will begin nonrenewing homeowners insurance policies this May in coastal areas of New York, state regulators confirmed.

The move comes about a month after Allstate announced it wouldn't be writing any new homeowners business in New York City, Long Island and southern Westchester.

Allstate already had announced it wasn't renewing 95,000 homeowners policies in Florida.

COPYRIGHT 2006 A.M. Best Company, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:homeowners insurance policies
Comment:Allstate to begin nonrenewing policies in coastal New York state.(homeowners insurance policies)
Publication:Best's Review
Article Type:Brief article
Geographic Code:1U2NY
Date:Mar 1, 2006
Words:58
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