Commissioner McCarty Issues Statement on Meeting with Allstate Agents

Florida Insurance Commissioner Kevin McCarty has issued the statement below regarding his meeting with Allstate agents today, April 9, 2008.

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Statement by Florida Insurance Commissioner Kevin McCarty on Meeting With Allstate Agents

TALLAHASSEE, Fla. – Florida Insurance Commissioner Kevin McCarty today met with several Allstate agents in his office to hear their personal stories and concerns about how the ongoing legal matters between the Allstate Companies and the Florida Office of Insurance Regulation are affecting them.

Commissioner McCarty conveyed the following thoughts to the agents:
“It is unfortunate that the company has put you in this position, jeopardizing your livelihoods. But, I cannot, and will not, allow any insurance company doing business in Florida to avoid their legal duties under the Florida Insurance Code.

“Suspending the Allstate licenses is a very serious action, but I had no other choice given that Allstate’s actions have been contrary to the best interests of Florida consumers and are in violation of the law.

“Allstate agents are encouraged to express their concerns to the Allstate corporate office in Northbrook (Ill.). Resolution of this matter is up to Allstate company officials.

“As the District Court stated very clearly in its April 4 ruling, Allstate can comply with the law and produce all of the documents my office has requested, or I will continue to do everything I can to ensure that their license is suspended.

“I reassured the agents that any suspension would be immediately lifted upon Allstate’s full compliance with the subpoenas.”

 

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