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Allstate Insurance Company, named after Sears' tire line, went into business on April 17, 1931, offering auto insurance by direct mail and through the Sears catalog. [ 10 ] [ 11 ] This was in line with one of the objectives of a company to sell automobile insurance in the same manner as Sears sold its merchandise.
By 1999, Florida Insurance Commissioner Bill Nelson stated that FRPCJUA and FWUA were close to shifting most of their 711,000 policies to private insurers. [3] In 2002, the Florida Legislature passed legislation to merge the Florida Residential Property and Casualty Joint Underwriting Association (FRPCJUA) and the Florida Windstorm Underwriting ...
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The average cost of a homeowners policy has risen more than 30% since 2020. Yet you can still find ways to save on insurance, especially for seniors. See cost-saving tips for paying less on your ...
In 1999, Illinois-based Allstate Insurance Company purchased the personal lines insurance business from CNA Financial when CNA moved toward commercial lines. Allstate then introduced the Encompass name to its subsidiary in 2000. Encompass distributes its products through 6,500 independent agency locations in 42 states. [3]
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Homeowners insurance vs. condo insurance Buying a condo is more similar to buying a home than a co-op. When you buy a condo, you own the unit and likely need condo insurance to insure it properly.
After the Surfside incident, Senate Bill 4-D was rushed into law to require older condo buildings to perform inspections, address critical issues and build up their reserve funds for future repairs.