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Allstate eyes return to homeowners insurance business

Allstate eyes return to homeowners insurance business

Allstate eyes return to homeowners insurance business
News from Live Insurance News:

Allstate, one of the largest insurance companies in the U.S., is looking to get back into the homeowners insurance business. CEO Tom Wilson has announced that the company is working to improve customer loyalty after consolidating several independent agencies, acquiring smaller insurance providers, and a rate increase spree. Part of this effort is to begin expanding its flagging homeowners insurance business, which has shrunk by more than 1 million policies over the last four years.

Homeowners insurance business may yield high returns for shareholders

WIlson notes that Allstate has embarked on a path that is l…………… continues on Live Insurance News

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