NEW YORK (Dow Jones)--Allstate Corp. (ALL) executives said rivals are beginning to raise U.S. home-insurance rates, joining Allstate in an effort to offset rising claims costs.
Allstate has been boosting the price of coverage for years as severe weather pushed the company to repeated underwriting losses in its home-insurance operation.
But several analysts ...
NEW YORK (Dow Jones)--Allstate Corp. (ALL) executives said rivals are beginning to raise U.S. home-insurance rates, joining Allstate in an effort to offset rising claims costs.
Allstate has been boosting the price of coverage for years as severe weather pushed the company to repeated underwriting losses in its home-insurance operation.
But several analysts ...
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