Sunday, May 20, 2007

Looks like Katrina soaked the Feds, too

Ouch! Looks like we're not the only ones to get suckered by Allstate. An investigative piece by Rebecca Mowbray in the Times-Picayune seems to indicate that Allstate has been inflating claims covered by federally-subsidized flood insurance and slashing payments for wind damage that Allstate has to pay out of its own pockets.

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