A California court yesterday denied a request by Allstate to stay a regulator's order that the firm cut its auto insurance rates by 15.9 percent.

Insurance Commissioner Steve Poizner reacted by issuing a statement calling the ruling by Superior Court Judge Peter Busch in San Francisco "a $250 million victory for consumers in California and for Allstate customers."

Allstate said that while disappointing, the ruling "has no impact on the merits of Allstate's appeal, and we believe we will ultimately win the appeal."

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