[Hydroshock]

The good hands people flip the bird to the Garden State.

[JoeGar]

Allstate ... will stop writing new homeowner policies in New Jersey

That's because of the flood and cold that will attack the area as a result of global warming just like in "The Day After Tomorrow". I saw it in a movie, so it must be true.

[Uncle Hal]

Wow, talk about being cautious. When I think of hurricanes I do not think of NJ. Why can they not write policies without hurricane coverage. I wonder if this is a start of a trend.

[Mamzelle]

I suspect this might have something to do with NJ's crooked lawyer reputation.

Go after insurance fraud--

[nickcarraway]

Well, imagine if they had another Hurricane Gloria.

[Diana in Wisconsin]

Is there some reason that people don't realize the risks they take living in various places on this planet?

I mean, up here in "Da Nort" we can have F5 tornadoes and then blizzards and ice storms that can stop time for weeks on end. And of course it's not unusual for some dope to set his house on fire in the dead of winter (30 below, fire hydrants all frozen, etc.) with a space heater.

American Family Insurance dropped us a number of years ago. They no longer insure free-standing country homes. We have a well and are not on City Water from any of the three nearby towns. Of course, there's a frickin' LAKE across the road that they could pump water from if need be, but that doesn't count. *Rolleyes*

I'd say get used to the fact that it's every man for himself and plan accordingly. Just like it used to be! Wow! What a concept!

And since there's no "God" allowed anywhere anymore, there are not longer any "Acts of God." Get the connection? ;)

[MaxMax]

The problem with fraud is that most people convicted are on their
5th-10th conviction, and the system does not protect the insurance companies.

The fraudsters almost always have spent the money, and making
them pay back anything is impossible.

Sounds like the medicare system.

We live in a free society and this is one of the cracks.
Ever known a speeder to slow down after the 10th ticket?

The answer to the fraudulent claim problem is open ended.
How might I address the problem? I have not a clue, but I'll think about it.

Merry Christmas to All,
MaxMax.

[GretchenM]

will stop writing new homeowner policies in New Jersey on Feb. 5, citing concern a hurricane might strike the state.

Allstate* canceled my earthquake insurance as of October 2006 (Washington State). There aren't many companies that will insure for that here anymore.

^*They don't really mean that

[Domestic Church]

I wonder if it's really just a hurricane they are afraid of?!

[GretchenM]

will stop writing new homeowner policies in New Jersey on Feb. 5, citing concern a hurricane might strike the state.

By the way, Allstate, DUH.

[DaGman]

Allstate wants to pick and choose who places the bets. Allstate needs to decide if it wants to be in the gambling game or not. They shouldn't be allowed to pick and choose.

[lndrvr1972]

Hell, Insurance is nothing more than a legal way to scam people. When they need it after paying years on a policy they will either not pay,raise rates or cancel you.

[meyer]

I would think that the "hurricane" is likely to be in the form of extreme state government regulations imposed on insurers. When a state begins to require coverage that exceeds cost, then insurers will find alternatives.

I haven't read up on Jersey's approach to home insurance, but I seem to recall some rather draconian measures by the state that caused auto insurers to pull out of the state.

[Sam Cree]

This is tough on the guys who are Allstate agents in NJ as well. It's got to hurt.