National media articles have highlighted Ed Liddy’s appointment as the head of AIG during its unwinding. His task is a large one. A BestWeek article presents Liddy as a champion corporate strategist. The article quoted one person as saying Liddy was extremely "ethical." He may be, but my perception of Ed Liddy was shaped by his role … Continue Reading
The Florida First District Court of Appeal upheld the Florida Office of Insurance Regulation’s suspension of Allstate writing any new policies in an opinion issued last Friday. Allstate had refused or was slow producing documents to the Department as it investigated Allstate’s role in duping Florida legislators and regulators into passing legislation which should have … Continue Reading
The Tampa Tribune reported Friday that the Florida Department of Insurance is seeking McKinsey & Company consulting reports which are allegedly tied to an Allstate plan to underpay claimants. These documents are at the heart of contention in a Colorado case where Allstate is being fined for not providing them, and also in a Missouri Department of Insurance investigation where … Continue Reading
