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Judge Won't Delay Rate Cut for Allstate Customers

The Sacramento Bee Car Insurance
Published: Thursday, April 24, 2008 

Apr. 24--A judge in San Francisco on Thursday denied Allstate's bid to delay cutting its auto insurance rates an average of 15.9 percent as the insurer appeals state action ordering the reduction. The rate reductions amount to an average of $124 per vehicle each year, according to the state Department of Insurance, which disagreed with Allstate's proposed rate revision filed in 2006. San Francisco Superior Court Judge Peter Busch's ruling denying Allstate's attempt to keep current rates in place could prompt rate reductions as soon as Monday, according to consumer groups who argued against Allstate....

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