Allstate Prevails in Lawsuit with $3.8 Million Fraud Judgment
| Proquest LLC |
Based on a six-week jury trial, the
According to a release, the jury found that
"Insurance fraud affects all policyholder's premiums, and it's not fair for consumers to pay higher rates for this type of behavior," says Allstate Spokesperson Michelle Therrien. "We are committed to protecting our customers from being victimized by this type of fraud."
The RICO complaint filed by
"This case demonstrates our commitment to fight fraud wherever it lives and the victory is a testament to our zero-tolerance approach in the fight against insurance fraud," Therrien said.
More information:
((Comments on this story may be sent to newsdesk@closeupmedia.com))
| Copyright: | (c) 2014 ProQuest Information and Learning Company; All Rights Reserved. |
| Wordcount: | 332 |


International Bancshares Named to Forbes’ List of America’s 50 Most Trustworthy Financial Companies
Northwestern Mutual Retains A++ Rating from A.M. Best affirms
Advisor News
- GLP-1 users choose between medication and retirement saving
- Gen X and millennials seek new retirement model
- Are families ready for the costs of aging at home?
- When a client moves, their insurance plan needs to move, too
- A rising retirement challenge: The license to spend
More Advisor NewsAnnuity News
- A client remarried: Does their annuity still fit?
- Gen X and millennials seek new retirement model
- Global Atlantic names Dan Farrelly head of IMO and IBD channels
- A rising retirement challenge: The license to spend
- What lower interest rates mean to annuity payouts
More Annuity NewsHealth/Employee Benefits News
Life Insurance News