The Louisiana Department of Insurance said it will investigate Hurricane Katrina-related claims-handling practices of St. Paul Travelers and Allstate.
Commissioner James Donelon said the probe of the two insurers follows a review of company complaint to marketshare ratio of all licensed carriers in the state.
Spokesmen for Allstate and St. Paul's, however, said such market conduct examinations are common following events of Katrina's magnitude and expressed pride at their claims handlers' accomplishments under trying circumstances.
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