Allstate Settles Auto Suit For $59 Million

Allstate has become the latest auto insurer in Georgia to reach a multi-million-dollar class action settlement over claims for diminished market value of damaged vehicles.

A $59 million settlement fund will be created, the Northbrook, Ill.-based insurer said. The case, Earl et. al. v. Allstate, involved Allstate Insurance Company and Allstate Indemnity Company.

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