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In May of 2007 Allstate Floridian reached an agreement with Royal Palm Insurance Co., a new property insurer in the state, to offer Allstate Floridian customers and Florida consumers property insurance coverage. Allstate did this with the knowledge that they would be non-renewing the vast majority of the 120,000 Allstate Floridian policyholders as their current policies expire they will be offered homeowners coverage from Royal Palm Insurance. In early May Royal Palm Insurance Company, had arranged to take over the vast majority of nearly 120,000 state-wide policyholders that Allstate Floridian declined to renew. Many of these policyholders are on barrier islands and … (0 comments)
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