Allstate Would Consider Selling Private Flood Insurance If Federal Program Is Revamped

Allstate Corp.’s Chief Executive Officer Tom Wilson on Tuesday called on U.S. lawmakers to overhaul a government subsidized flood insurance program, calling for a more streamlined system that does not overburden taxpayers. Allstate, the second-largest U.S. homeowners’ insurer based on …
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Allstate Would Consider Selling Private Flood Insurance If Federal Program Is Revamped was originally posted by ClaimsMate.com Insurance Information Resources