Allstate Insurance Suspended For Misconduct

The Florida First District Court of Appeals in Tallahassee upheld the suspension of Allstate Insurance Company from obtaining new business in Florida for failing to produce witnesses and documents to the Office of Insurance Regulation. Allstate refused to adequately provide documents and in fact undertook a systematic scheme of removing documents that should have been turned over and providing witnesses that had little or no knowledge of the subject matter being investigated. Allstate’s problems began with their cover up of a computer program that the company uses to cheat people injured in automobile accident claims by reducing the values of their claims by 20% across the board. Allstate has utilized this underhanded practice in other states to include Missouri where the company chose to defy a court order and pay a per day fine of $25,000 which now totals $2.4 million dollars. Apparently it is profitable continuing this practice of cheating injured parties rather than producing the evidence of their activity.