Friday, May 4, 2007

Allstate unit to get subpoena on Katrina

(Reuters) - The U.S. Department of Homeland Security has told the company that its Allstate Insurance Co. unit will be served with a subpoena for documents with respect to homeowners' claims arising from the hurricane, Allstate said in the filing with the U.S. Securities and Exchange Commission.

U.S. Congress authorised the department in 2006 to investigate insurers participating in the National Flood Insurance Program, Allstate said.


Read more at Reuters.com Government Filings News

No comments: