Allstate Incurs More than $300 Million in Southern California Wildfire Losses

December 19, 2007

  • December 19, 2007 at 1:47 am
    WALTER says:
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    -WHY SHOULD A GOOD COMPANY LIKE ALLSTATE (HAVE TO)RELY ON THE FINDINGS OF GOLDMAN-SACHS
    AREN’T THEY THE SAME HOUSE THAT’S DEEP IN THE SOUP WITH THE SUB-PRIME MORTGAGE DEBACLE & A NUMBER OF OTHER PROBLEMS ?

  • December 19, 2007 at 2:07 am
    Jeff the Cynic says:
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    Which department do you work in at Allstate Walter?

  • December 19, 2007 at 2:43 am
    FRED REVELLO says:
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    THIS IS ONE MORE NAIL IN ALLSTATE’S CALIFORNIA COFFIN

  • December 20, 2007 at 10:09 am
    Alejandro says:
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    Attention Allstate P & C product managers: You are hereby fired and can pick up your final check on 12/31/07. You are being replaced by a computer based risk model which has identified areas of California that we should not have been writing business in for the last 20 years. Allstate placed its trust in your research which suggested that writing homeowners insurance in canyons and high hazard fire zones would be proftitable for the company. Shame on us for trusting a human…..

    Idiots. Them and Statefarm will not only pay these claims and raise rates, THEy WILL WRITE NEW BUSINESS IN THESE VERY SAME AREAS AGAIN AND EVEN AFTER THE NEXT SANTA ANA FIRE STORM BURNS THROUGH THEIR RESERVES

    They are my best salesman. Keep up the good work because as you know, I AM IN GOOD HANDS WITH ALLSTATE

  • December 20, 2007 at 1:28 am
    Linda says:
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    Go Walter!!!! He is right on the money!

  • December 20, 2007 at 2:35 am
    Alejandro says:
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    Irrelevant Walter and Allstate is becoming more so each day that stupid underwriting criterion decisions are made, including buying riks that most other carriers will not touch. CAN YOU INSURE MY PITBULL WALTER. HE HAS BITTEN THE MAILMAN BUT I AM WILLING TO PAY A LITTLE MORE FOR YOU TO COVER THE NEXT LIABILITY CLAIM

    Walter is a happy Allstate agent…must suck to be one of their agents

  • December 20, 2007 at 6:18 am
    Linda Black says:
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    My my we do have some anger issues don’t we?

  • December 20, 2007 at 6:41 am
    Alejandro says:
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    Thats all you got? God bless…lol



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