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Oklahoma AG Sues Allstate Over Alleged 'Disaster Payment Minimization Scheme'
  • Oklahoma Attorney General Gentner Drummond filed suit July 7 alleging Allstate used internal programs, restrictive standards, and third-party engineering firms since at least 2020 to systematically deny or underpay wind and hailstorm claims, seeking civil penalties.
  • The lawsuit targets one of the largest U.S. personal-lines insurers and echoes the industry-wide claims-handling scrutiny that has drawn attention from other state AGs and plaintiffs' firms.
  • Bloomberg reports the state is aiming to hold Allstate accountable for what it calls deceptive practices that boosted profits at homeowners' expense.
about 9 hours ago