Texas Sues Allstate Over Its Collection of Driver Data
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Texas has filed a lawsuit against Allstate, accusing its subsidiary Arity of collecting driver data through mobile apps, which allegedly led to increased insurance rates.
January 13, 2025 | 11:00 pm
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Allstate is facing a lawsuit from Texas, accusing its subsidiary Arity of collecting driver data via mobile apps, potentially leading to higher insurance rates.
The lawsuit could lead to legal expenses and potential fines for Allstate, as well as reputational damage. This may negatively impact Allstate's stock price in the short term.
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