NU Online News Service

Allstate Corp. will pay almost $12 million to settle a class action discrimination suit over its use of credit scoring and issue a new scoring formula under terms of an agreement reached last week and approved by a federal court in Texas.

U.S. District Court Judge Fred Biery, sitting in the Western District of Texas in San Antonio, approved a settlement in the case of DeHoyos vs. Allstate Corp. on Feb. 14.

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