Allstate Insurance is resisting an order from Louisianas insurance department to reinstate 4,700 homeowner policies that the company canceled in four parishes hit by Hurricane Katrina. Louisiana Insurance Commissioner Jim Donelon said that Northbrook, Ill.-based Allstate Co. could face fines if it fails to reinstate the policies, which were canceled after company inspectors reported that the properties had been abandoned.
Allstate: La. Insurance Chief Overstepped Authority on Policies
External References & Further Reading
http://www.insurancejournal.com/news/southcentral/2007/03/12/77581.htm



