Allstate ordered to pay $750,000 fine

Published



Allstate Insurance Company has been ordered to pay a record $750,000 fine for improper rate increases and policy changes affecting tens of thousands of Marylanders.

Maryland Insurance Commissioner Ralph S. Tyler announced the fine, the largest the Maryland Insurance Administration has ever imposed against a property and casualty insurer, against Allstate for violating state laws about how it notifies consumers of changes and files notice of those changes with the agency.

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