We have just received today’s ruling issued by the Florida First District Court of Appeal and are in the process of reviewing the Court’s opinion. Since the court’s ruling is not yet final, we believe the stay is still in effect and continue to write new business.
We are very disappointed in today’s ruling and disagree with the Court’s opinion. We continue to work with the Florida Office of Insurance Regulation and have produced more than 400,000 pages to date in response to their subpoenas.
Allstate is committed to serving our nearly two million customers in Florida and remains focused on helping to ensure a healthy insurance market in the state.
The Allstate Corporation (NYSE: ALL) is the nation’s largest publicly held personal lines insurer. Widely known through the “You’re In Good Hands With Allstate®” slogan, Allstate helps individuals in approximately 17 million households protect what they have today and better prepare for tomorrow through approximately 14,900 exclusive agencies and financial representatives in the U.S. and Canada. Customers can access Allstate products and services such as auto insurance and homeowners insurance through Allstate agencies, or in select states at allstate.com and 1-800 Allstate®. Encompass® and Deerbrook® Insurance brand property and casualty products are sold exclusively through independent agents. The Allstate Financial Group provides life insurance, supplemental accident and health insurance, annuity, banking and retirement products designed for individual, institutional and worksite customers that are distributed through Allstate agencies, independent agencies, financial institutions and broker-dealers.