Court Reinstates Florida Allstate Ban

Law360, New York (May 14, 2008, 12:00 AM EDT) -- A Florida appeals court on Wednesday reinstated a ban preventing Allstate Insurance Co. from selling new insurance plans in the state, lifting a stay on the suspension of Allstate's license that had been in place in allow Allstate to appeal the insurance commissioner's ban.

“I’m pleased to report that the First District Court today has again affirmed the appropriateness of the office’s action in issuing the January Immediate Final Order suspending Allstate’s licenses to sell new business in Florida,” Florida Insurance Commissioner Kevin McCarty said in...
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