US primary insurer Allstate has secured its targeted $150 million of multi-peril and fully-collateralized reinsurance ...

Coverage is for all U.S. states except for Florida and New Jersey ... to investors to collateralise the underlying reinsurance deal, providing Allstate with coverage on an indemnity and per ...

Northbrook, IL, May 1, 2024 - We have placed coverage related to our 2024-2025 Nationwide Excess Catastrophe Reinsurance Program (1) that provides reinsurance protection to the Allstate Protection ...

In states particularly vulnerable to weather disasters, like Florida, the deductions will be far deeper. Allstate’s reinsurance costs generally are much higher in coastal states than the ...

The investing “just shows what good a deal this unregulated ... from Floridians’ pockets into Allstate’s bank account is then reinvested in Florida reinsurance, that should tell you ...