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CHICAGO --- After months of fighting with California insurance regulators, Allstate Corp. has relented and agreed to follow state orders to cut its rates in the state by 15.9 percent by May 12.
Read More →TALLAHASSEE, Fla. --- An appeals court last week ruled in favor of the Florida Office of Insurance Regulation, affirming the agency's power to sanction Allstate for failing to turn over documents in an ongoing investigation of property insurance rates and policy cancellations, the News-Press reported.
Read More →SACRAMENTO, Calif. --- California Insurance Commissioner Steve Poizner has ordered Allstate Corp. to cut its auto rates by 15.9 percent -- an average of $124 per car, the Los Angeles Times reported.
Read More →WASHINGTON, D.C. --- The U.S. Supreme Court this week rejected Allstate's request to hear its case challenging a Texas law restricting insurance company ownership of body shops.
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