A State of Reduction: Allstate may move out of three major U.S. jurisdictions, says CEO Tom Wilson
Toronto, Ontario — Allstate CEO, Tom Wilson, announced that the insurance provider is ready to move away from three major U.S. jurisdictions to preserve assets. The jurisdictions in question include California, New York and New Jersey, with plans to continue reducing Allstate’s presence in Florida as well. “If we don’t get price increases this year, […]
