In dealing with Florida car accidents and Florida homeowner’s claims we Jacksonville attorneys know how horrible Allstate is when it comes to protecting it’s insureds. Now it is official. According to the American Association for Justice Allstate ranks as the worst insurer for consumers, according to a comprehensive investigation of thousands of legal documents and financial filings.
The rankings show a distinct pattern of insurance industry greed amongst 10 companies that refuse to pay just claims, employ hardball tactics against policyholders, reward executives with extravagant salaries, and raise premiums while hoarding excessive profits.
“While Allstate publicly touts its ‘good hands’ approach, it has instead privately instructed its agents to employ a ‘boxing gloves’ strategy against its policyholders,” said American Association for Justice CEO Jon Haber. “Allstate ducks, bobs and weaves to avoid paying claims to increase its profits.”
Allstate (NYSE: ALL) set the standard for insurance company greed and placing profits over policyholders. Allstate contracted with consulting giant McKinsey & Co. in the mid-1990s to systematically force consumers to accept lowball claims or face its “boxing gloves,” an aggressive strategy designed to deny claims at any cost. One Allstate employee reported that supervisors told agents to lie and blame fires on arson, and in turn, were rewarded with portable fridges.
Many Florida attorneys have stopped taking cases against Allstate. We have represented injured clients against Allstate for the last 16 years and will continue to do so. If you have been hurt in a Jacksonville accident involving Allstate remember to call the Law Offices of Henry E. Gare at (904) 387-6101.