Allstate Must Face Investor Claims Over Shoddy Underwriting
By Lauraann Wood ( February 27, 2018, 9:55 PM EST) -- An Illinois federal judge on Tuesday rejected The Allstate Corp.'s bid to dismiss a proposed class action accusing it of unlawfully concealing its lowered underwriting standards as the reason for a spike in auto insurance claims, saying the plaintiffs cited enough allegedly misleading statements to allow their case to proceed....
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