Lilly, O'Toole & Brown Blog

FLORIDA APPEALS COURT UPHOLDS ALLSTATE SUSPENSION

A Florida appeals court has upheld the suspension of Allstate in Florida. Allstate will be unable to write new policies of any kind in the State of Florida if the Appeals Court ruling is not appealed to the Florida Supreme Court. 

If Allstate refuses to comply with a government demand for more information, they got what they deserved.  Allstate should not hide the ball like they have been.  Apparently, other insurance companies have not had that problem because nobody else is getting shut down. 

Allstate has all but eliminated real risk by not writing homeowner's policies any more.  They love to write auto policies because the risk is low.  That is why they are the second largest auto insurer in Florida.  This has been going on in the Midwest for a long time and Allstate is being fined $25,000 DAY for not complying.  Allstate has made a business decision in Missouri that $25,000 a day is the price of business and refuses to comply with state government investigator's requests for this same information.  I will be very interested to see what happens next, and I am betting on an appeal to the Florida Supreme Court.