Court denies Allstate, regulators can sanction

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May 14, 2008

Court denies Allstate, regulators can sanction

The First District Court of Appeals just announced they've denied Allstate's appeal, like the Court had suggested they might a few weeks ago. Read the opinion here. That means Insurance Commissioner Kevin McCarty can stop Allstate from writing new auto business until the insurer complies with regulators' subpoenas requesting property insurance information.

Jennifer Liberto, Times Staff Writer

Posted by Times Editor at 10:13:17 AM on May 14, 2008
in Business | Permalink

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