Editing Allstate (section)

===Catastrophe exposure management===
Allstate has stated intentions of reducing its exposure in [[hurricane]]-prone [[Florida]]. In November 2006, the company did not renew 120,000 policies that were expiring at that time. Governor [[Charlie Crist]] and the Florida Cabinet passed a 90-day emergency order to temporarily prevent insurance companies from not renewing policies.<ref name="garcia">{{cite news |url=http://www.miami.com/mld/miamiherald/16744640.htm |title=Date set for insurance rate filings; Insurers can resume policy cancellations as soon as they file required rate reductions in mid-March |author=Garcia, Beatrice E. |publisher=The Miami Herald |date=February 21, 2007 }}{{dead link|date=April 2018 |bot=SheriffIsInTown |fix-attempted=yes }}</ref>

On February 20, 2007, Florida Insurance Commissioner [[Kevin McCarty]] clarified the order, stating that insurance companies can nonrenew policies if they satisfy certain conditions, including filing new, lower rates with the state and give customers 100 days’ notice.<ref>{{cite news |title=Ruling: Insurers can drop policies |publisher=St. Petersburg Times |date=February 20, 2007 |last=Zucco |first=Tom |url=http://www.sptimes.com/2007/02/20/Business/Ruling__Insurers_can_.shtml |url-status = live|archive-url=https://web.archive.org/web/20070222091757/http://www.sptimes.com/2007/02/20/Business/Ruling__Insurers_can_.shtml |archive-date=February 22, 2007 }}</ref>