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Allstate Accused Of Deflating Property Damage Payments

By Elizabeth Daley (April 26, 2023, 3:39 PM EDT) -- Property policyholders hit Allstate with a proposed class action in Arizona federal court for more than $5 million, claiming the insurer wrongly depreciated labor costs as part of actual cash value payments to insureds for Arizona property damage, though policies didn't specifically allow such reductions....

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