Allstate Settles Insurance Lawsuit in Texas

Published on:
12 September 2006 at 10:21 a.m. ET

Written by: Unknown Author –

http://www.insidearm.com/news/00000278-allstate-settles-insurance-lawsuit-in-tex/

Allstate Corp. said Friday it will modify its use of credit reports in setting rates for home and auto insurance in the settlement of a federal class-action lawsuit brought by consumers over the practice, according to a story last week by Reuters.

Seven minorities who claimed Allstate’s use of credit scoring discriminated against Hispanics and African-Americans filed the lawsuit in 2001 in San Antonio, TX.

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