Florida Subpoenas Allstate

Allstate Corp
The largest publicly traded U.S. insurer, was subpoenaed on Tuesday by Florida regulators in an ongoing probe into possible industry collusion to thwart state efforts to slash homeowner insurance rates. Calling the industry "tenacious" and "greedy," Florida Gov. Charlie Crist, a Republican, said the investigation would shed light on the failure of Allstate and others to provide meaningful rate relief to Florida customers despite legislation earlier this year to lower rates.......here