Source:
Associated PressAllstate, Nationwide subpoenaed by U.S. grand jury over KatrinaBy Dave Carpenter
ASSOCIATED PRESS
4:16 p.m. May 18, 2007
CHICAGO – Allstate Corp. and Nationwide Mutual Insurance Co.
have been subpoenaed by a federal grand jury investigating the
insurance industry's handling of Hurricane Katrina claims in
Mississippi, the companies said Friday.
Allstate, the nation's second-largest property and casualty
insurer behind State Farm, said it is working with the U.S.
attorney's office to comply with the subpoena.
The company said in a regulatory filing that it “remains confident
in its claim settlement practices following Hurricane Katrina and
is committed to resolving all claims fairly and appropriately.”
-snip-Nationwide spokesman Joe Case said the Columbus, Ohio-based
insurer received the subpoenas within the past week, but he
couldn't specify what the grand jury is seeking.
-snip-Read more:
http://www.signonsandiego.com/news/business/20070518-1616-allstate-katrina.html
Also:
Allstate gets subpoena from U.S. grand jury - Reuters