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AM Best has downgraded the Long-Term Issuer Credit Rating to “aa-” from “aa” and affirmed the Financial Strength Rating of A+ of the members of Allstate Insurance Group . The outlook of...
At the mid-year renewals, US primary insurance giant Allstate has shrunk its Florida reinsurance tower, and shifted all of its catastrophe bond coverage
The Florida Supreme Court has underscored the right for plaintiffs to win legal fees in some cases, even if they don't prevail in court. The decision
On top of increasing premiums from previous insurance litigation costs, rates are now impacted by the cost to rebuild as well.
Two months after Allstate announced that a Florida subsidiary would non-renew 33,000 condominium policies, the company has filed for a 53.5% average rate