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CHICAGO (AP) - Allstate Corp. said Friday it has been subpoenaed by a federal grand jury investigating the insurance industry's handling of Hurricane Katrina claims in Mississippi.
Allstate, the nation's second-largest property and casualty insurer behind State Farm, said it is working with the U.S. attorney's office to comply with the subpoena.
The company said in a regulatory filing that it "remains confident in its claim settlement practices following Hurricane Katrina and is committed to resolving all claims fairly and appropriately."
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