chapter 4 – dropped like a hot potato

In this morning’s Times Picayune Money section is an article on the State of Louisiana insurance commission challenging Allstate to reinstate those homeowner’s policies that were dropped on the technicality that they changed their coverage to a new Allstate insurance division within 3 years of Hurricane Katrina, This technicality made those long term policies null under the 3-year coverage rule and subsequently Allstate bailed on their longterm clients. The ruling is expected to come on January 18, next Friday. It will be interesting to see how this plays out.

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~ by maringouin on Saturday, January 12, 2008.

2 Responses to “chapter 4 – dropped like a hot potato”

  1. […] courtesy of the Times Picayune today in the Money Section a follow up to this entry Marianna LaNasa, a Terrytown resident and Allstate homeowners insurance customer since 1994, […]

  2. […] entry, in good hands So last Saturday I read the initial story in the TP on Allstate, and how they are treating their policy holders like kryptonite. Thursday described the […]

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