Allstate (ALL) said that it entered into a settlement of a nationwide class action lawsuit, Strasen v. Allstate, which has been pending in the Circuit Court of Madison County, Illinois for almost 10 years. This settlement includes all Allstate and Encompass entities. The Court entered a final order approving the settlement on November 25, 2009.
Plaintiffs alleged that Allstate utilized a computerized medical bill review system provided by ADP which failed to correctly calculate medical expenses from automobile and homeowner's claims. Allstate continues to believe its medical bill review practices were and are appropriate and fully comply with the law, but agreed to resolve the case on terms Allstate considered fair and appropriate to avoid the burden and expense of continued litigation.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.