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Allstate’s Castle Key Plans to Drop 33,000 Condo Policies in Florida

By February 13, 2023FL Insurance News

Written by: William Rabb on InsuranceJournal.com

‘At least one of Allstate Insurance group’s Florida subsidiaries plans to non-renew 33,000 Florida condominium policies, starting in June.

In a notice sent to Florida agents this month, Allstate said its Castle Key subsidiary had sent a letter Jan. 11 to the Florida Office of Insurance Regulation about dropping the coverage. The letter was marked “trade secret,” so details about the policies were not made public by the OIR.’

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