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Hardesty, Tyde, Green & Ashton, P.A. blog

Friday, January 18, 2008

Allstate Deception is Typical of Insurance Industry

Allstate Insurance Company has refused to comply with a subpoena to examine their outrageous profits and malfeasance while gouging Florida consumers with excessive rates for auto and home policies while at the same time abandoning longtime customers because of their location. Florida Insurance Commissioner Kevin McCarty issued an order yesterday prohibiting Allstate and its numerous subsidiaries from issuing any new policies until the subpoena is complied with. It is evident that Allstate has much to hide. Shamefully, this is the same company that last spring petitioned for and received permission to raise may of their rates 30 to 50 percent. To read more regarding Allstate's obstruction of the investigation see the following link:
http://www.jacksonville.com/apnews/stories/011708/D8U7S1U83.shtml

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posted by Attorney W. Marc Hardesty at 4:28 AM

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