Wednesday, January 24, 2007

Allstate's Record Profits Are At Risk

""We believe it would be bad business to continue to add to our risk."
Michael Trevino, a spokesman for Allstate, on why Allstate won't write any new policies in New York City, New Jersey, Connecticut, Delaware, and why they won't renew 30,000 existing policies around New York City. I found this on Da Po' Blog.

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