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News
Allstate Sued by Oklahoma for Alleged Scheme to Underpay Claims
2+ mon, 5+ day ago (269+ words) Oklahoma’s attorney general sued Allstate Corp., alleging the insurer schemed to minimize payouts to homeowners for wind and hailstorm damage in order to boost its profits. The state’s top lawyer, Gentner Drummond, alleges that Allstate implemented an internal program to…...
California's Surplus Lines HO Market's New Phase Driven by Access, Not Wildfire Risk
5+ mon, 1+ week ago (471+ words) It’s been more than two years since I wrote an analysis based on Surplus Line Association of California insight and data for an Insurance Journal article forecasting that the state’s homeowners insurance market was entering a structural transition driven primarily…...