The Florida Office of Insurance Regulation has suspended the license of Allstate Insurance Company from selling new auto insurance policies in the state of Florida because of their relationship with rating organizations such as AM Best and Hurricane modeling companies and industry trade groups. This is an unprecedented move in Florida and sends a clear warning to other auto insurance companies that the State is willing to act if companies fail to comply with the Office’s investigation. The investigation began after the Florida Legislature passed legislation last year directing insurance companies to lower homeowners’ policy premiums. The Office asked for documents from Allstate and the large insurance company refused to supply them. The suspension applies to Allstate Insurance Co., Allstate Indemnity Co. and Allstate Property and Casualty Co., all of which sell auto insurance policies.
For more information on this subject, please refer to the section on Car and Motorcycle Accidents.
Admitted to both the California State Bar and the Florida State Bar, Joseph Saunders has also practiced in the United States District Court and the United States Court of Appeals. His philosophy is to provide aggressive, quality representation and seek fair compensation for individuals and their families who have suffered injury or death at the hands of insurance companies, large corporations, medical providers or governmental entities.