Buying Insurance in Florida

Learn more about how Florida residents can once again buy car insurance from Allstate on the insurance blog. Find out how the Allstate suspension was removed online now.

Florida residents can once again begin buying car insurance from Allstate Corporation in Florida, say news reports. The company had been suspended from selling car insurance since the beginning of the year for non-compliance. Allstate had been shut down for not complying with multiple requests from regulators to share information about how the Florida insurance company calculates homeowners’ insurance rates.

The Florida Insurance Commissioner removed the Allstate ban when the insurance company began complying with requests to provide information to the state department of insurance. The company also included documents that confirmed that everything requested was included.

I did some freelance work writing optimized website pages a while ago for a company that specializes in forensic accounting consulting services. I’d never heard of forensic accounting, but the concept makes sense and could apply to any company under investigation, including insurance carriers. Investigating insurance carriers falls upon regulatory agencies, and knowing what to look for is really part and parcel of the regulators’ jobs.

Forensic investigations might bring to mind shows like CSI or Patricia Cornwell’s books, but it really just means following the paper trail to make the court discovery process or any investigation more relevant. I’ve written a number of articles here about interesting insurance career paths and hot insurance jobs but I think that now I’m going to have to find out who attorneys work with when they need to get forensic insurance information, too.