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Stock impact report

Allstate Privacy Lawsuit Puts Telematics Data Practices Under Investor Scrutiny [Yahoo! Finance]

Allstate Corporation (The) (ALL) 
Last allstate corporation (the) earnings: 2/4 06:08 pm Check Earnings Report
US:NYSE Investor Relations: allstateinvestors.com
Company Research Source: Yahoo! Finance
Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. A U.S. District Judge has allowed a privacy lawsuit to proceed against Allstate that alleges the insurer tracked drivers via their cellphones without consent. The complaint claims Allstate used this data to help set premiums and coverage decisions and sold the data to other insurers. The case keeps legal and regulatory scrutiny on how insurers use telematics and customer data. For investors watching Allstate (NYSE:ALL), the lawsuit comes at a time when the stock trades at $214.18 and has delivered multi year returns of 87.4% over 3 years and 112.5% over 5 years. In the shorter term, the shares are up 2.3% over the past week, 6.7% over the past month, and 10.0% over the past year. A central issue for investors is how prolonged legal and regulatory focus on data practices could affect Allstate's brand, customer relationships, and potent Show less Read more
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