Allstate said it is continuing to comply with a Florida regulator's subpoena that asks the insurance giant to deliver virtually every piece of dirty linen in its files concerning improper claims handling.
The Office of Insurance Regulation on Oct. 16, announcing the subpoena in advance of a scheduled two-day hearing next month, said it was interested in the company's policies, its reinsurance program and its relationships with rating agencies, risk modelers and trade groups.
But the subpoena itself goes much further, demanding 59 specific and general items, including any bad-faith judgments against the company in the past three years, any bad-faith federal lawsuits that have been filed in Florida, and details of accusations by ex-adjusters of questionable Allstate claims handling.
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