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by zmeeks from Palm Harbor Florida

Last Post 4 days, 11 hours Ago


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      Even after this hit the news today, I had an agent call me and ask if I would still like to have Allstate as my automobile insurance, when I asked her about the news today, she says "actually That is a lie" I politely hung up on her.   Is that Gall or what?                                  Allstate suspended from writing new auto policies in Florida   

TALLAHASSEE, Florida — Florida Insurance Commissioner Kevin McCarty has suspended Allstate companies from writing new car insurance policies in Florida for refusing to comply fully with a state subpoena.

McCarty abruptly ended a scheduled two-day meeting yesterday after just two hours.

He was angered that Allstate officials failed to turn over some information the state requested on property coverage rates and that company officials described the state's request as “irrelevant.”

The decision affects all five Allstate subsidiaries in Florida.

McCarty said the order, which he will issue this afternoon, will only affect Allstate's ability to sell new automotive insurance policies, and has no impact on renewals or new home insurance policies.

Governor Charlie Crist issued this statement on the suspension:

“I applaud Commissioner McCarty for sending a clear message to Allstate Companies and protecting Florida's consumers. It is clear to me that Allstate must have something to hide if they are unwilling to comply with the Commissioner's requests. This type of behavior is an unconscionable disregard for this process and their customers.                           I came so close to changing to this company for my Auto insurance this month......So glad that I didnt   Z

 

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elkanah
Jan 16, 2008 | 2:09 PM

Absolute support is given to Mr. McCarty in his efforts to FINALLY find out why these large insurance companies think they can rob and pillage the citizens of Florida with impunity. Although I do not have any insurance with Allstate I do with another large company I'm sure he will be talking to shortly. It will be at the least interesting to see how they determine that they need these vast premiums while they say they are suffering great loss while posting billion dollar profits and then wanting more still. My homeowners insurance has almost tripled since 2003. I say thanks Mr. McCarty and my question is simply ,"What took you so Long?" Stick to your quest of full disclosure under the law and be prepared for them to act like children and threaten to remove themselves from Florida. Stick to the cause and if we all have to use Citizens to stop the pillaging then so be it!

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zmeeks

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Member Since: 11/18/2006