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Ruling on Allstate ban could come Thursday

Arguing that Allstate has come up with no new evidence and that "interestingly'' the company's request for a second hearing was eight pages longer than its request for the first, the Florida Office of Insurance Regulation filed a response late Wednesday to Allstate's bid to have an appeals court revisit its case.

Regulators won a court battle two weeks ago to have Allstate suspended from writing any new insurance in the state. But the ruling by the 1st District Court of Appeal was put on hold while Allstate asked for a rehearing.

Now regulators want the court to deny Allstate's request and reinstate the ban. They contend Allstate has been violating state law since January by not turning over documents key to a state investigation into rate making.

The court could rule as early as Thursday.

Ruling on Allstate ban could come Thursday 04/16/08 [Last modified: Wednesday, April 16, 2008 8:19pm]
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