A decision not to approve a rate request by Allstate Floridian Insurance Company and Allstate Floridian Indemnity Company was announced by Florida Insurance Commis-sioner Kevin McCarty.
McCarty’s decision was applauded by Tom Gallagher, Florida CFO, who said an independent review by the Consumer Advocate’s Office in August revealed that the companies’ rate requests were unjustified.
“This is great news for Allstate’s policyholders,” Gallagher said. “We will continue to closely scrutinize rate requests and demand accountability.”
Was this article valuable?
Here are more articles you may enjoy.
Trump to Issue Order Creating National AI Rule 
North Carolina Sting Operation Alleges Roofer Damaged Shingles to File Claim 
Hartford: 10-Year Analysis Shows Shifts in Common, Expensive Small-Business Claims 
Aon Adds to List of Brokers Suing Howden US for Alleged Poaching, Theft From This Issue
