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Ill. Panel Won't Revive Derivative Suit Over Allstate Claims

By Lauraann Wood ( February 28, 2022, 7:33 PM EST) -- An Allstate shareholder was correctly blocked from pursuing derivative claims that the insurance company knowingly misrepresented the reason behind an increase in claims because she did not prove Allstate's board was incapable of handling a litigation demand, a state appellate panel said Friday....

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