Allstate may write policies for weekend, at least

April 18th, 2008 | Category: Tampa Blog

That silence you compose out from the 1st District Court of Appeal means Allstate Corp. can continue writing new insurance policies in Florida. For how distant, no one is certain.
“I guess we’ll have at least until Monday,’’ Allstate spokeswoman Amy Moore said Friday.
Allstate asked the court Monday for a new hearing, but the court has yet to produce a ruling.

The Illinois insurer is trying to fight an order by Florida insurance commissioner Kevin McCarty that suspends the company from writing new policies until it hands by documents regulators say are key to an review of Allstate’s rate-making practices.
Allstate has managed to avoid the suspension since January.

–Tom Zucco, Times Staff Writer

Original post by tampabaycom

Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.