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Allstate Dropping Most Earthquake Insurance Nationwide

National News • June 5, 2006
Allstate Insurance Co. says it is dropping earthquake insurance to most of its 407,000 quake customers nationwide as a part of a larger move to reduce exposure to catastrophic losses. Allstate ...

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Subject: Insurance involves risk

Posted On: June 6, 2006, 8:01 am CDT
Posted By: Dean
Comment:
Allstate is tossing away its reputation. Insurance is about managing risk. If the insurer wants to charge a premium but not take on any risk, then that insurer will quickly lose its reputation and its customers.

They should figure out how to handle the risk. Instead they are cashing out of the system.
Subject Posted By Posted On
RE: Switched to State Farm in MO and Save $$$ Rob in Missouri
Jul 25, 2007, 2:40 pm
Switched to State Farm in MO and Save $$$ Rob
Jul 25, 2007, 2:36 pm
Bullsh*t Josh
Apr 20, 2007, 6:44 am
All State Amy
Mar 4, 2007, 9:31 am
Lost business Carol
Mar 2, 2007, 10:30 am
RE: Allstate is a Loser MIke
Feb 21, 2007, 7:53 pm
Allstate is a Loser Staci - Missouri
Jan 12, 2007, 1:15 am
Allstate/Earthquaake Sue
Jun 15, 2006, 2:57 pm
RE: RE: RE: Insurance involves risk Dennis
Jun 12, 2006, 6:29 pm
RE: RE: Insurance involves risk drewboy
Jun 7, 2006, 1:32 pm
They will flip flop once market share is lost dw
Jun 6, 2006, 4:47 pm
RE: North Ridge quakes...Allstate shakes AJ
Jun 6, 2006, 1:33 pm
RE: Insurance involves risk Rick
Jun 6, 2006, 1:22 pm
North Ridge quakes...Allstate shakes Michael
Jun 6, 2006, 1:19 pm
Insurance involves risk Dean
Jun 6, 2006, 8:01 am
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