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Tag: California

Allstate Stops Accepting New Property Insurance Applications in California

Allstate catastrophe losses

Almost a week after State Farm, California’s largest property insurer, announced that the company would stop accepting insurance applications for all business and personal property in California, Allstate is making headlines for a similar decision.

Published June 5, 2023
Categorized as Show on Homepage Tagged Allstate, California, State Farm, wildfires

California’s Winter Storms Bring Billions in Damages

Severe Northeast weather

Severe weather and flooding in California since Dec. 26, 2022, has led to $5 billion to $7 billion in damages, according to a Moody’s report from late January.

Published March 30, 2023
Categorized as Show on Homepage Tagged California, economic damages, severe weather

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