Latest Allstate Headlines
All the headlines from our Allstate Topic Page, ordered by recency.
Allstate Picks ING to Sell Fixed Annuities to Its Home, Auto Customers
Dec 9 2013 // ING U.S. Inc. will begin selling fixed annuities through Allstate Corp. agencies as the largest publicly traded U.S. auto and home insurer ceases to offer its own brand of the retirement products. The deal gives ING U.S....
Allstate’s Bailey Joins Marsh As Head of U.S., Canada Sales
Nov 13 2013 // Insurance broker Marsh has appointed Donald Bailey as its new head of sales for U.S. and Canada. In this newly created position, Bailey will be responsible for executing the firm’s overall strategy and increasing the...
Allstate’s Esurance Hopes Bundling Auto, Home Coverages Will Separate It From Geico
Nov 12 2013 // Esurance, the online car insurance seller owned by Allstate Corp., is betting that bundling auto and home policies will help it compete with Berkshire Hathaway Inc.’s Geico unit and Progressive Corp. Esurance started...
GEICO Success Highlights Advertising Dollars vs. Agent Commissions Debate
Oct 22 2013 // Direct writer GEICO’s success in auto insurance sales is due to spending dollars on effective advertising rather than on agents, according to recent research from analysts at Nomura Equity Research, which notes that...
Allstate Sees Increasing Demand in Mass., Plans to Add 130 New Agents
Oct 10 2013 // Allstate Insurance Company announced this week it is planning to appoint more than 130 new insurance agents in Massachusetts by the end of next year. The expansion is in response to what the company described as an...
Allstate Wins Major Medical Fraud Lawsuit in Nevada
Oct 7 2013 // Allstate Insurance Co. received a judgment of more than $7 million following a Racketeering Influenced and Corrupt Organizations investigation nearly 10 years in the making. It is the company’s first medical fraud...
Allstate Plans to Hire New Agents in Penn., Conn., Maine, R.I., N.H.
Sep 30 2013 // Allstate Insurance Company announced last week that the company is planning to hire new insurance agents in Pennsylvania, Connecticut, Maine, Rhode Island and New Hampshire. The insurer would hire approximately 455 new...
Allstate Wins $7.7M Insurance Fraud Lawsuit in California
Sep 27 2013 // A Los Angeles County Superior Court has ruled in favor of Allstate Insurance Co. and the State of California in a lawsuit topping $7 million over fraudulent business and billing schemes by unlicensed medical and...
Allstate: Usage-Based Insurance Delivering Savings to 7 Out of 10
Sep 23 2013 // Allstate reports that drivers that are signed up for its usage-based insurance program, Drivewise, will register more than one billion miles driven this month. Allstate also said that Drivewise is launching in Kentucky and...
Florida Says Former Allstate Employee Diverted Claims Payments
Sep 19 2013 // Yarden Lee Bracero, 39, a former Allstate employee in Jacksonville has been convicted of diverting insurance claims payments for her own personal use, according to Florida Chief Financial Officer Jeff Atwater. Bracero...
Allstate Wins Major Medical Fraud Lawsuit in Nevada
Sep 18 2013 // Allstate Insurance Co. received a judgment of more than $7 million following a Racketeering Influenced in Corrupt Organizations investigation nearly 10 years in the making. It is the company’s first medical fraud...
Allstate Says Usage-Based Insurance Delivering Savings to 7 Out of 10
Sep 16 2013 // Allstate reports that drivers that are signed up for its usage-based insurance program, Drivewise, will register more than one billion miles driven this month. Allstate also said that Drivewise is launching in Kentucky and...
Allstate CEO Says GEICO Could Strugggle with Storefront Strategy
Sep 10 2013 // Allstate Corp. Chief Executive Officer Tom Wilson, whose company lost car insurance market share in the last three years, said competitor Geico could struggle to expand sales as it seeks to sell more policies at...
Brownsville Remains Texas’ Safest Driving City
Sep 4 2013 // Brownsville drivers are among the best in the country. The Allstate Insurance Company’ ninth annual “Allstate America’s Best Drivers Report” lists America’s 200 largest cities in terms of car...
Cities, States with Best Drivers: Allstate
Aug 27 2013 // Drivers in Washington, D.C. are the most accident-prone of any U.S. city, again placing at the bottom of an annual ranking by Allstate Corp. Motorists in the nation’s capital get in a collision every 4.8 years, more...
Mass. Division of Insurance Approves 2 New Entrants to State’s Auto Insurance Market
Aug 20 2013 // The Massachusetts Division of Insurance announced that Privilege Underwriters Reciprocal Exchange (PURE) and Esurance automobile insurance are now available for Massachusetts consumers. The Division of Insurance said that...
August 10 Is Texas’ Top Day for Home Burglary Claims: Allstate
Aug 9 2013 // More Texans file home burglary insurance claims on August 10 than any other day – according to a recent review by Allstate Insurance Co. Police say electronics, jewelry and cash are top targets during break-ins and...
Allstate’s Investments Up, Disaster Costs Down in Q2
Aug 1 2013 // Allstate Corp., the largest publicly traded U.S. auto and home insurer, said second-quarter profit climbed on investment gains and reduced costs tied to natural disasters. Net income climbed 2.6 percent to $434 million, or...
Allstate Selling Life Business to London Group
Jul 18 2013 // Clive Cowdery, who earned a fortune cutting deals that consolidated the U.K. life insurance industry, is making a foray into the U.S. by buying a business from Allstate Corp. for $600 million (394 million...
Allstate Says Book Value to Rise on Cut in Employees’ Retirement Benefits
Jul 16 2013 // Allstate Corp., the largest publicly traded U.S. home and auto insurer, said it’s cutting some retirement benefits for employees in a move that will increase book value by a range of $1.70 to $2 a share. The...
