Allstate

Tue, 2007-10-16 08:33Ross Gelbspan
Ross Gelbspan's picture

You're In Good Hands -- Until They Drop You!

In the last three years, more than three million homeowners have received letters of cancellation by insurance companies determined to avoid another $40 billion Katrina bill. They have essentially begun to redraw the outline of the eastern United States somewhere west of the Appalachian Trail.

Public officials in Southern states from Florida to Texas have been fighting insurance carriers for years over rising rates and withdrawal of services, but officials in the Northeast have only recently joined the fray.

Fri, 2006-08-25 10:38Ross Gelbspan
Ross Gelbspan's picture

For US Insurers, Climate Change Represents A Whole New World

With $58 billion in claims to pay for last year alone, U.S. insurers are jacking rates, canceling policies, and learning to cope with climate change.
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