ALLSTATE v. Toyota | SUBRO action | Sudden acceleration claims

NATIONAL - According to the Los Angeles Times (10/5, Bensinger, Vartabedian) reports, "Allstate Corp. has sued Toyota Motor Corp. over sudden-acceleration-related claims it has paid, alleging that the accidents were caused by vehicle defects. The suit, filed Friday in Los Angeles County Superior Court, seeks $3 million in compensation for about 270 claims that the insurance giant has paid out since January 2007."

Allstate spokeswoman Christina Loznicka "said the suit was 'a last resort' taken after negotiations on the claims with Toyota, a practice called subrogation, failed out of court."

Allstate Floridian Insurance Company changes name to Castle Key Insurance Company

TALLAHASSEE - Allstate Floridian Insurance Company is changing its name to Castle Key Insurance Company to differentiate itself from its national parent company. The name change also applies to Allstate Floridian Indemnity Company.

A news release said, "The name changes were made in order to better reflect the fact that these property companies are separately capitalized from Allstate Insurance Company."

Allstate and other major insurers set up separate Florida companies after Hurricane Andrew caused $30 billion in damage. Allstate Floridian announced the name change Thursday. It said the new name will be the only difference customers see.

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