Allstate ranked as the worst insurer for consumers, according to the results of an investigation conducted by the American Association for Justice (AAJ) that analyzed thousands of legal documents and financial filings.
The AAJ, formerly known as the Association of Trial Lawyers of America, claim that their rankings "show a distinct pattern of insurance industry greed amongst 10 companies that refuse to pay just claims, employ hardball tactics against policyholders, reward executives with extravagant salaries, and raise premiums while hoarding excessive profits."
"While Allstate publicly touts its 'good hands' approach, it has instead privately instructed its agents to employ a 'boxing gloves' strategy against its policyholders," said AAJ CEO Jon Haber. "Allstate ducks, bobs, and weaves to avoid paying claims to increase its profits."
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