Policyholders of the state�s two largest insurance companies Allstate and Farmers are alleging that the organizations overcharged them more than $100 million in the past decade through illegal billing practices.
Allstate and Farmers insurance organizations agreed on Friday to pay $35.7 million to settle a class-action lawsuit that has claimed the insurers of overcharging their policyholders for the recent decade. Texans originally sought more than $100 million in damages.
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