Allstate Insurance getting spanked by Fla. court

Joseph Bernardo

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Allstate is at it again. Misbehaving badly has become their norm and they are finally getting some of what they've been giving:

Wednesday's 1st District Court of Appeal ruling denied Allstate's request for a rehearing of an earlier decision that sided with the state's Office of Insurance Regulation, giving it the power to sanction the company for failing to cooperate in the ongoing investigation.

"Allstate's willful, indeed potentially criminal, failure to comply with its disclosure obligations has prevented OIR from adequately investigating its reasoned belief that Allstate is systematically defrauding its policyholders," wrote Judge Paul Hawkes for a unanimous three-judge panel.