AG loses fight against Allstate

Maryland’s top court Wednesday upheld Allstate Insurance Co.’s decision to stop offering new homeowners’ policies in Southern Maryland, the Lower Eastern Shore and parts of Anne Arundel County due to the company’s potential for catastrophic financial losses if a hurricane hits that region. In its 6-1 decision, the Court of Appeals said Allstate reasonably decided in ...

Leave a Reply

Your email address will not be published. Required fields are marked *