Allstate Floridian Insurance Co.subscribe Highlights
Allstate Floridian Insurance Co. is the subsidiary of Allstate Insurance Co. that handles property insurance policies in Florida. Then-Insurance Commissioner Bill Nelson approved Allstate Floridian's creation in 1996, as part of a deal to keep Allstate Insurance from dropping policyholders and drastically raising its rates. Allstate Floridian is based in St. Petersburg. It has its own subsidiary, Allstate Floridian Indemnity Co., which issues policies for customers the company considers more risky. Both companies sell property policies. Their parent company, Allstate Insurance, sells other insurance products such as automobile insurance in Florida. Allstate Insurance and Allstate
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