NAPAA, et al. v. Allstate Insurance Company

On Tuesday, the National Association of Professional Allstate Agents, Inc. (“NAPAA”) and several former Allstate agents filed a federal lawsuit against Allstate Insurance Company. The lawsuit alleges that the insurance giant breached its contract with its NAPAA member agents and the individual agents in several significant ways:

(1) making it difficult for agents to sell their books of business by refusing to consider current agents as buyers;

(2) allowing independent agents to sell in territories covered by exclusive agents;

(3) “poaching” customers from agents via Allstate's phone and internet portals; (4) requiring agents to purchase Allstate's phone system; (5) interfering in agents' negotiations for the sale of their books of business; (6) interfering in bad faith in agents' negotiations for the sale of their books of business; and (7) unjustly terminating agents' contracts for cause. I Read Press Release

Illinois state court judge issued a ruling that contained good news for the National Association of Professional Agents (“NAPAA”) and for the individual agents who are suing Allstate for various breach of contract claims I Read Press Release