Friday, May 4, 2007

UPDATE 1-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 on homeowners' claims arising from the 2005 hurricane, Allstate said in a regulatory filing.

In the Homeland Security Appropriations Act of 2006, the U.S. Congress authorized the department to investigate insurers participating in the National Flood Insurance Program, Allstate said.


Read more at Reuters.com Government Filings News

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