Allstate Settles Bad-Faith Lawsuit

Jul. 11--A bad-faith case against Allstate Insurance that drew national attention and prompted the judge to levy fines against the insurer topping $7 million has been settled on undisclosed terms. Attorneys for both sides declined to disclose the terms of the settlement. Mike Siemienas, a spokesman for Allstate, the nation's second-biggest home and auto insurer, said the company was pleased the case had been resolved but declined to elaborate.....

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