Progressive Casualty Insurance Company has reached a settlement agreement with Allstate Insurance Company and Allstate Fire and Casualty Insurance Company regarding litigation in which Progressive alleged that Allstate infringed on its patents for usage-based insurance and online insurance policy-serving technology, as well as trademark infringement.
As part of the agreement, Progressive has granted a license to Allstate under Progressive’s usage-based insurance and policy-servicing patent portfolios; and the companies have entered into a trademark co-existence agreement involving the “Drive” and “DriveWise” trademarks.
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