Last week Allstate was ordered by the Florida state insurance commissioner to stop writing insurance policies after their refusal to answer state subpeonas. The subpeonas were issued in an investigation into why Allstate wanted to raise their rates by 41.9 percent. Then on Friday the Court of Appeals issued an injuction allowing Allstate to write insurance policies again.
Before the ruling, McCarty said he stood by his decision Wednesday to suspend Allstate from writing new policies.
“This is just another step in the process that enables Allstate to further delay production of the documents we requested,” McCarty said in a statement. “Allstate’s motion is not unexpected, and it will not stymie my commitment to Florida’s consumers to get to the bottom of this issue.”
The court is giving the insurance commissioner till the 28th to argue its case on why the decision to suspend Allstate should be upheld. The Governor of Florida is asking residents to choose cancel their policies with Allstate and choose a different company to do business with.
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