Allstate to Pay $30M to Californians for 2003 Wildfire Claims

June 27, 2005

  • June 27, 2005 at 6:03 am
    Rich Halberg, Allstate says:
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    This article is based on an erroneous AP story that has since been corrected by AP. None of the premium credits provided as part of Allstate’s settlement with the Department of Insurance relates to our company’s handling of claims related to the 2003 Southern California Wildfires.

    This settlement resolves a half dozen disputes that arise out of different interpretations of the California Insurance Code and regulations. We estimate that only about eight percent of California policies will be affected by this settlement.



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