The saga continues. Quoting Reuters:
A Florida court stayed an order on Friday from the state’s insurance commissioner, clearing the way for Allstate Corp ALL.N to once again write new auto and other policies in the state.
Insurance Commissioner Kevin McCarthy had suspended Allstate on Wednesday from writing new policies because it had not fully complied with a subpoena to testify about its property insurance business.
The 10-day stay by the Florida First District Court of Appeal allows Allstate’s more than 1,100 Florida agents to continue doing business, the insurer said in a statement.