What does this have to do with homeowners insurance? Allstate's penalty stems from what state regulators say is the company's failure to comply with subpoenas related to an investigation into rate-setting strategies for homeowners insurance. Allstate is not writing homeowners' policies in Florida under its own nameplate, but its auto insurance business is lucrative. Insurance Commissioner Kevin McCarty said the state is "going to hit them where it hurts." ...more

January 17, 2008

Florida insurance regulators angrily and abruptly ended a hearing with Allstate executives Tuesday, upset the company and its attorneys failed to fully comply with a subpoena demanding information on property coverage rates. ...more

January 16, 2008

Florida insurance regulators angrily and abruptly ended a hearing with Allstate executives after just two hours Tuesday, upset that the company and its attorneys failed to fully comply with a subpoena on its property coverage rates. ...more

January 15, 2008

Florida insurance regulators' long-running battle with St. Petersburg-based insurer Universal Health Care has ended with the company agreeing to pay $450,000 in fines and reimbursements to the state and follow more stringent financial reporting rules. ...more

December 22, 2007