Allstate still to drop coastal coverage : Decision comes after senators kill insurance bill

Allstate Insurance Co. will stop issuing new policies along coastal areas of Maryland after a Senate committee quashed a bill earlier this week that would have required insurers to cover the whole state.

"We are going to continue with our previously announced action. We don't have a set date," said Debbie Pickford, an Allstate spokesman.

On Monday the Senate Finance Committee voted 9-1 to kill a bill that would have required insurers to cover the entire state.

The legislation was prompted by Allstate's announcement last year that it would stop writing new policies along coastal areas after new hurricane forecasts...