Allstate Insurance Company Files $4 Million Insurance Fraud Case

Allstate Insurance Company ALL is seeking to recover $4 million against 20 New York area defendants in its first insurance fraud lawsuit of 2011. The complaint specifically cites six physicians, eight medical professional corporations, and the lay-owned companies allegedly used to control the medical professional corporations. Since 2003, Allstate has filed 28 fraud lawsuits in New York State, seeking more than $165 million in damages.