Allstate gets OK to sell in Florida
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From Times Wire Services
Allstate Corp., the largest publicly traded home and auto insurer in the U.S., won emergency approval from a Florida court to resume selling insurance in the state.
Allstate had filed a motion to reverse the decision by state Insurance Commissioner Kevin McCarty this week blocking it from selling new policies.
McCarty said the company failed to provide documents sought by regulators probing possible collusion in setting prices and dealing with claims.
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