Allstate drops coverage level in New York
Allstate has said that it wasn't renewing some of its homeowners' policies in the New York City area for fears that a major hurricane could strike in the area, leaving the insurer overexposed.
Allstate has already said it wouldn't take on new home insurance in Westchester County, Long Island and the five boroughs of New York City. Now Allstate spokesman Michael Trevino said that his company
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