SAN FRANCISCO, April 30 (Reuters) - California automobile insurance units of Allstate Corp will lower rates by 15.9 percent by a May 12 deadline, complying with an order by the state's insurance regulator that it had challenged, a company spokesman said on Wednesday. "Yes, we are complying with the reduction and we expect to have it in advance of the May 12 deadline," said Peter DeMarco, a spokesman for Allstate, the third largest provider of automobile insurance in California with about 2 ...
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