Allstate ‘aggressively’ filing auto rate increases, scaling back new business in CA, NY, NJ
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Allstate ‘aggressively’ filing auto rate increases, scaling back new business in CA, NY, NJ

Shelby Rosenberg
August 02, 2023
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Allstate is aggressively pursuing auto rate increases in 2023 to keep up with ballooning loss costs, particularly in California, New York and New Jersey, according to company executives.

“We have three states which are a problem, and we're working aggressively with them so that we can get the right amount of rate,” Allstate CEO Thomas Wilson told analysts in a quarterly conference call on Wednesday, noting that...

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