Allstate Data Privacy Lawsuit Puts Telematics Strategy And Returns Under Review

A U.S. District Judge has allowed a class action lawsuit against Allstate to proceed.
The suit alleges Allstate collected and used driver behavior data from cellphones without proper consent.
Plaintiffs claim the company adjusted premiums, denied coverage, and shared data with other insurers.
Alleged violations include the Federal Wiretap Act and Fair Credit Reporting Act.

For investors watching Allstate (NYSE:ALL), this case puts data practices and customer trust under a spotlight. The...