Allstate Suspension Resumed in Florida
Allstate has once again been suspended from writing new insurance policies in Florida. Florida Insurance Commissioner Kevin McCarty announced the immediate resumption of the ban late yesterday. The suspension is for all lines of business and will stay in effect until Allstate produces all the necessary documents requested by the Office of Insurance. "I’m pleased
Allstate Bid to Halt California Auto Rate Cut Denied
According to a report from NU Online News Service, a California court yesterday turned down a request by Allstate to stay a regulator’s demand that the firm cut its auto insurance rates by 15.9 percent. Insurance Commissioner Steve Poizner called the ruling “a $250 million victory for consumers in California and for Allstate customers.” "I
Allstate, Florida Still Wrangling Over Documents
Florida Insurance Commissioner Kevin McCarty is not backing down and continues to demand from Allstate all requested documents related to the company’s policies. The battle between the state and Allstate began several months ago when the insurer filed a rate request with the state for a rate increase for many of its property insurance customers
Allstate Appoints New Manager of PRO Program
Allstate Insurance Company announced that Randy Hanson has been named claim service manager of the insurer’s Priority Repair Option (PRO) program. Hanson will be responsible for managing the PRO program, which includes approximately 4,500 vehicle repair facilities nationwide. Hanson replaces Sam Whiteman, who will serve as claims field director of Allstate’s Midwest Region. Allstate launched
Allstate’s McKinsey Documents Now Available
But Allstate’s suspension of writing new policies in Florida will resume
South Carolina Shop Accuses Allstate of Steering
When State Farm announced its switch to Select Service in 2006, Gus Mallios had a business decision to make. The new Select Service agreement asked that shops match rates and discounts equal to the lowest rates and/or highest discounts they were giving to other customers. Mallios, owner of the multi-location Summit Collision Centers in Columbia,
Florida Insurance Department Seeks Allstate Suspension
Florida Insurance Commissioner Kevin McCarty announced on Feb. 19 that the Office of Insurance Regulation (OIR) has filed an administrative complaint on a non-emergency basis seeking to suspend the certificates of authority of the Allstate Companies to write new insurance policies in Florida. The complaint is based in part on Allstate’s failure to provide witnesses
Supreme Court Denies Allstate Petition
The U.S. Supreme Court has denied Allstate’s petition for writ of certiorari. Most recently, Allstate filed a reply brief to the Supreme Court in regard to the Texas statute prohibiting insurance companies from owning collision repair shops. This reply brief followed the Automotive Service Association’s (ASA’s) response and Allstate’s appeal after the U.S. Court of
Allstate Gives Florida McKinsey Documents
The ongoing saga between Allstate and Florida has so far resulted in the insurer forking over the so-called McKinsey documents, which are purported to detail Allstate’s claims handling procedures. Attorney David Berardinelli and other lawyers say the materials, developed by consultant McKinsey & Co., detail Allstate’s instructions to settle claims quickly with low-ball offers. If
Allstate Insurance Company Files Appeal to U.S. Supreme Court
Allstate Insurance Company has filed an appeal to the U.S. Supreme Court in regard to the Texas statute prohibiting insurance companies from owning collision repair shops. The Automotive Service Association (ASA) also has filed a response. The appeal comes after the U.S. Court of Appeals, 5th Circuit, New Orleans, affirmed the District Court ruling in