The U.S. Department of Homeland Security intends to subpoena Allstate Corp. and other insurance companies as part of an investigation into Hurricane Katrina claims, the company said Thursday.
Homeland Security is investigating insurers that sell policies under the National Flood Insurance Program, the company said. Spokesman Mike Siemienas said Allstate is just “one of a number of participants” in the program that will be subpoenaed.
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September 6, 2024
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