NPR logo

Allstate Pulls Back from Insuring Coastal Homes

  • Download
  • <iframe src="https://www.npr.org/player/embed/6607675/6607676" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript
Allstate Pulls Back from Insuring Coastal Homes

Business

Allstate Pulls Back from Insuring Coastal Homes

Allstate Pulls Back from Insuring Coastal Homes

  • Download
  • <iframe src="https://www.npr.org/player/embed/6607675/6607676" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

Global warming is already beginning to hit the pocketbooks of coastal homeowners. Allstate Insurance has added New Jersey, Connecticut and Delaware to a list of states where it will no longer accept new business. That list already includes Florida, and parts of New York, Louisiana, Mississippi and California.

Related NPR Stories

We no longer support commenting on NPR.org stories, but you can find us every day on Facebook, Twitter, email, and many other platforms. Learn more or contact us.