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Florida lifts suspension of Allstate license

Sat May 17, 2008 12:01am IST
 
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MIAMI, May 16 (Reuters) - Florida Insurance Commissioner Kevin McCarty said on Friday he was lifting a suspension on insurer Allstate (ALL.N: Quote, Profile, Research) issuing new policies in the state after the company stated it had complied with requests from his office for documents.

The move came two days after the First District Court of Appeal in Florida rejected Allstate's request for a rehearing of its attempt to get the state ban lifted. (Reporting by Michael Christie, Editing by Jim Loney)

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