Posted On: June 6, 2006, 1:22 pm CDT

Posted By: Rick

I plan to cancel my two auto policies, rv coverage, homeowner coverage and cancer supplement policy with Allstate just to make a statement. All the Allstate agents and friends here in my local area are shell shocked. They had no idea this was coming. This is a NO BRAINER business decision for me. I am taking my business to competitor insurance way BEFORE my renewal date. What the hell is reinsurance for (isn't it to reduce insurance company risk??) when one of the largest insurance companies in the country can't be trusted any longer. Allstate now must hold their hands wide open with fingers spread completely apart if they want to continue being known as the "Good Hands People". There needs to be some truth in advertising.