With Hurricane Sandy making its way to the Eastern Seaboard, insurers such as Allstate (ALL) are...

|About: Allstate Corporation (ALL)|By:, SA News Editor

With Hurricane Sandy making its way to the Eastern Seaboard, insurers such as Allstate (ALL) are preparing to send their rapid-response teams of claims specialists to assess the damage once the storm passes. The cost to insurers is likely to be less than it would have been in the past, as they've been raising home-insurance rates, tightening underwriting standards, and scaling back sales of policies in hurricane-prone areas.