While I agree he should sue Allstate, I do wonder why he hasn't found another job to support his family. Is the wife also unemployed? Makes one wonder if he's holding out for a settlement with Allstate to set him up for life.
I would agree ... perhaps he's considered a 'hot potato'. He could definitely work elsewhere while pursueing his lawsuit.
I also noted in the mensnewsdaily.com article from December 2004, that it clearly identifies him in his job at Allstate. That may have been a mistake.