NU Online News Service
A Florida appeals court said yesterday that Allstate can stay in business in the state and put off a final decision on whether Insurance Commissioner Kevin McCarty has cause to lift the insurer's license.
Mr. McCarty issued a suspension order on Jan. 17, but the company went to the First District Court of Appeal in Tallahassee and secured a temporary restraining order, which is in effect until an expedited appeal is heard.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
