A couple of weeks ago Allstate made its McKinsey & Co. documents available on its website. The document dump involved approximately 150,000 pages of material. So what's the word on the documents? I haven't heard much so far. However, the New Orleans Times-Picayune had an article a week after the documents were posted on Allstate's website. It indicates that plaintiffs searching for information relating to Allstate's treatment of catastrophic claims that may be relevant to litigation on the Gulf Coast arising out of Hurricanes Katrina and Rita haven't found any smoking gun. At least not yet. It will take some time to work through all those documents.
In related news, David Berardinelli is releasing a new, more public oriented, book about the McKinsey documents and Allstate's business practices next month.