krw wrote:
That is why insurance companies have a different corporation names in
different states.

Of course they do. They have different corporations depending on
who you are (your risk) too. There is little choice, given the
"maze a twisty passages, all different", that the states have
weaved.

(Allstate is "Allstate Floridian" here and I suspect they are also
Royal Palm)

Your point?

The point is that an insurance company cannot spread their risk over a
larger base if they have to operate in only one state.

Because of this limitation, hurricane insurance is cheaper in Missouri than
in Florida and flood insurance is cheaper in New Mexico than Ohio.