It's part of our effort to manage our exposure in the state of Florida. We are trying to take steps we feel will ensure our long-term stability and keep our promise to current Nationwide policyholders across the nation. |
Nationwide is currently reviewing a variety of public policy proposals regarding natural disasters, including the Allstate proposal. It would be premature to announce a position until we have fully evaluated the pros and cons of the proposals in the public domain. |
Rates are based on computer modeling that predicts future risk, not about recouping past losses. |
We are committed to investigating each claim on its own merits before making any coverage decisions. |