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Article: FLORIDA INSURANCE COMMISSIONER MCCARTY STAYS ALLSTATE SUSPENSION, CONTINUING COMPLIANCE REQUIRED
- Article from:
- US Fed News Service, Including US State News
- Article date:
- May 14, 2008
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The Florida Office of Insurance Regulation issued the following news release:
Florida Insurance Commissioner Kevin McCarty today announced that he has ordered a stay of the suspension of the Allstate Companies' licenses to sell new business in Florida. Commissioner McCarty's decision comes as the result of Allstate's submission of an affidavit certifying that it has complied with Florida law by freely providing all documents requested by the Office of Insurance Regulation (Office) as part of its investigation of Allstate's business practices in Florida. The commissioner's announcement follows yesterday's First District Court of Appeal's (DCA) Opinion denying Allstate's motion for a ...