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Friday, 07 January 2011 18:15

Allstate along with seven other insurance companies suing Toyota

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Allstate along with seven other insurance companies suing Toyota Image courtesy of thetorquereport.com

Allstate, one of the largest car insurance companies, is joining a group of other companies pursuing civil litigation against Toyota. Insurance companies say they are owed money from the car maker.

Still under investigation, the alleged sudden-acceleration issue that plagued certain 2009 Toyota models could be to blame for a slew of claims that were covered by Allstate and other providers.

According to Fox Business, “the National Highway Traffic Safety Administration is looking into claims that roughly 89 accident fatalities since 2000 may have resulted from sudden acceleration in Toyota and luxury Lexus vehicles.”

Toyota could be responsible for over $10 billion in damages if the company is found liable for the deaths—that’s not including the upcoming litigation being pursued by car insurance providers.

Allstate, along with seven other companies, are requesting a minimum of $188,000. Allstate previously asked for $3 million in October.

—Theo Romeo

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