Search
  9911 Seminole Blvd. Seminole, FL 33772       Ph. 727-397-5563   View TBN's FREE e-Edition today!  
Click here to learn more
Front Page Facebook Twitter
Court order puts Allstate back in business
Article published on
  Print E-Mail
 
TALLAHASSEE – The District Court of Appeal, First District, granted Allstate Insurance’s emergency motion for immediate relief Friday afternoon, allowing the insurance company to again write policies in the state of Florida.

Florida Insurance Commissioner Kevin McCarty announced Feb. 16 that he is suspending the certificate of authority of Allstate Companies to write new insurance in Florida until they fully comply with the subpoenas served Oct. 16 by the Office of Insurance Regulation.

"In view of Allstate's ongoing, blatant disregard of our subpoenas, I have little choice but to take an action that will send a clear message about how seriously I am taking this issue," McCarty said. "Suspending their certificate of authority to write new business in our state should make my point.

"If Allstate is willing to pay $25,000 per day in fines to a Missouri court for its ongoing failure to provide similar documents, it's obvious to me that it will take more than a monetary sanction to get them to comply with our subpoenas."

Allstate argued that the Office of Insurance Regulation “abused its power by issuing an emergency order that is intended to function as a punitive stick against the Allstate Companies.”

In the appeal Allstate said it had attempted “and are continuing in good faith to respond to the subpoenas and produce as best they can and as quickly as is practicable the huge volumes of documents requested by the Office of Insurance Regulation, while preserving their right to interpose appropriate objections to improper requests.”

Allstate further stated that the Office of Insurance Regulation’s actions had damaged the company’s reputation and jeopardized the livelihoods of agents and their support staff who rely on revenues resulting from writing new policies.

McCarty said despite the court order he would continue to do what’s necessary to protect Florida consumers.

"I stand behind the order I issued Thursday suspending the Allstate companies from writing any new business in Florida until they have fully complied with the subpoenas my office sent them Oct. 16,” McCarty said.
Article published on
Copyright © Tampa Bay Newspapers: All rights reserved.
Printable Version E-mail article
NuSmile
Community Focus Online
Featured Print Advertisers
NuSmile Dental
13611 Park Blvd., Suite G
Seminole
(727) 475-7866

Web site        View Ad
:)
Donna's Cleaning Angels
(727) 942-8289
Web site        View Ad
:)
Tarpon Springs Merchants Association

Hippie Fest
Saturday, Aug. 15 @ 5-10 p.m.

Web site        View Ad
:)
Florida Center for Back & Neck Pain
Dr. Greg Hollstrom
11444 Seminole Blvd.
Largo
(727) 393-6100

Web site        View Ad
:)
Tarpon Springs Recreation Division
Sunset Beach Concert
Red House Road, 8/6 @ 7 p.m.
(727) 942-5628

Web site        View Ad
:)
Oakhurst & East Bay Medical
13020 Park Blvd., Seminole
(727) 393-3404
3800 East Bay Dr., Largo
(727) 539-0505

Web site        View Ad
:)
Law Office of Stephen C. Whalen, P.A.
1968 Bayshore Blvd., Dunedin
(727) 726-0439
(727) 409-7347(Cell)

Web site        View Ad
:)
Casino Over Under

Web site        View Ad
:)
Bell Hearing Instruments, Inc.
801 West Bay Dr., Suite 405, Largo (727) 585-2675
Factory Location
700 Stevens Ave., Oldsmar (813) 814-2355

Web site        View Ad
:)
Custom Couture of Tarpon Springs
208 East Tarpon Ave., Tarpon Springs
(727) 238-7194

Web site        View Ad
:)
Flooring America
9012 Seminole Blvd., Seminole
(727) 397-5509
100 Patricia Ave., Dunedin
(727) 733-1356

Web site        View Ad
:)
Abbey Carpet & Floor of Largo
13120 66th St. N.
Largo
(727) 524-1445

Web site        View Ad
:)
Tampa Bay Newspapers
Online Advertising
For information, e-mail
webmaster@tbnweekly.com
:)
Online Services Directory
MEDICAL DIRECTORY   ONLINE DINING GUIDE
MEDICAL DIRECTORY ONLINE DINING GUIDE
AUTOMOTIVE GUIDE REAL ESTATE GUIDE
AUTOMOTIVE GUIDE REAL ESTATE GUIDE
Tampa Bay Newspapers
9911 Seminole Blvd.,
Seminole, FL 33772
Phone: (727) 397-5563
Fax: (727) 397-5900
Submit News