May 26, 2017
I blogged here about the action of the Florida State Office of Insurance Regulation suspending the ability of Allstate Insurance to write new insurance poliicies in that state. Allstate immediately appealed that ruling. Today the First District Court of Appeal in Florida upheld the action of the Office of Insurance Regulation. You can find the decision on the court's website here.
There are a number of bits of information that are worthwhile. Part of the issues involved in the case surround Allstate's refusal to produce the McKinsey documents that David Berardinelli has worked tirelessly to have re-produced to him. While Allstate argued that the complete ban on writing new business in Florida was too harsh, the appellate court wasn't buying it.
After the decision was issued today, Allstate made available for public access what it claims is all the McKinsey documents. I'm sure we'll hear more about this matter in the coming days and weeks.
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