"First and foremost, we're back in business in Florida," Allstate spokesman Adam Shores said after the ruling.
In at least a temporary win for Allstate, an appeals court Friday blocked a decision by state regulators that had stopped the insurer from selling new homeowners and auto policies.The 1st District Court of Appeal in Tallahassee issued a stay, setting aside a state order that suspended Allstate's licenses to write new property casualty business.
Tom Zutell, a spokesman for the Florida Office of Insurance Regulation, said the state expects to ask the court to lift the stay next week and reinstate the suspension.
The ruling gave a reprieve to Allstate agents whose right to sell new homeowners and auto policies was suspended Thursday when the state insurance commissioner issued his order.
"First and foremost, we're back in business in Florida," Allstate spokesman Adam Shores said after the ruling. [...]
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