EduBourseActualitésAllstate Comments on California Homeowners Rate Ruling

Allstate Comments on California Homeowners Rate Ruling

Pierre Perrin-Monlouis Dernière mise à jour: 20 octobre 2021

Allstate Senior Corporate Relations Manager Peter DeMarco today issued the following statement regarding the California Department of Insurance’s order to lower Allstate’s homeowners rates in California by 28.5%:

“While we are disappointed in this order, we respect the authority of the Department and will comply. We are reviewing the order in detail and communicating with the Department about the process for adjusting the rates of our 850,000 homeowners policyholders in the state. Californians can continue to rely on more than 1,300 Allstate agents to help them with insurance and retirement needs.”

The Allstate Corporation (NYSE: ALL) is the nation’s largest publicly held personal lines insurer. Widely known through the “You’re In Good Hands With Allstate®” slogan, Allstate helps individuals in approximately 17 million households protect what they have today and better prepare for tomorrow through approximately 14,900 exclusive agencies and financial representatives in the U.S. and Canada. Customers can access Allstate products and services such as auto insurance and homeowners insurance through Allstate agencies, or in select states at and 1-800 Allstate®. Encompass® and Deerbrook® Insurance brand property and casualty products are sold exclusively through independent agents. The Allstate Financial Group provides life insurance, supplemental accident and health insurance, annuity, banking and retirement products designed for individual, institutional and worksite customers that are distributed through Allstate agencies, independent agencies, financial institutions and broker-dealers.

Peter DeMarco
Allstate Media Relations
(916) 859-8610

Pierre Perrin-Monlouis
Pierre Perrin-Monlouis
Fondateur de Rente et Patrimoine (cabinet de gestion de patrimoine), Pierre Perrin-Monlouis est un analyste et trader pour compte propre. Il vous fait profiter de son expérience en trading grâce à ses analyses financières et décrypte pour vous les actualités des marchés. Son approche globale des marchés combine à la fois l'analyse technique et l'analyse fondamentale sur l'ensemble des marchés : crypto, forex, actions et matières premières.