Latest Allstate Headlines
All the headlines from our Allstate Topic Page, ordered by recency.
Allstate Pays N.Y. Homeowners $995K for Plane Vibration Damage
Jan 9 2008 // Allstate Insurance Co. has agreed to pay $995,000 to a Brooklyn couple who claimed their house was badly damaged by vibrations caused by an Air France Concorde jet nearly five years ago. The couple, John and Annette...
A.M. Best Affirms Ratings of Allstate and Subsidiaries
Jan 9 2008 // Rating agency A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR) of “aa” of Allstate Insurance Group (Allstate) and its members. Additionally, A.M....
CarInsurance.com Adds Insurance Carriers for 2008
Jan 3 2008 // CarInsurance.com, which sells auto insurance over the Internet, has added more carriers to its current 28 state agency product offering. In November and December 2007, the firm expanded and now offers Encompass Insurance...
Survey: Teens Want Friends to be Safer on Roads
Dec 31 2007 // With motor vehicle accidents claiming between 5,000 and 6,000 teen lives each year, a new survey commissioned by Allstate Insurance reveals that many teens do not take personal responsibility for safe driving and continue...
Allstate Announces Withdrawal From Membership in PCI
Dec 23 2007 // Allstate Insurance, headquartered in Northbrook, Ill., has given notice to Des Plaines, Ill.-based Property Casualty Insurers Association of America (PCI) that the company intends to drop its membership in the insurer...
Fla. Gov. Asks Lawyers to Review Suing Property Insurers over Rates
Dec 21 2007 // Gov. Charlie Crist said Wednesday he wants three trial lawyers to review documents for a possible class-action lawsuit against property insurers, alleging that the industry hasn’t passed on savings to consumers as...
Allstate’s 4th Quarter Catastrophe Losses of $100 Million Higher than ’06
Dec 20 2007 // Allstate Corp. said Tuesday October’s California wildfires plus other disasters have hiked the insurance company’s fourth-quarter catastrophe losses by about $100 million. Allstate said it received more than...
Allstate Incurs More than $300 Million in Southern California Wildfire Losses
Dec 19 2007 // The Allstate Corp. reported that the company has received more than 7,000 claims from the Southern California wildfires in October of this year, resulting in approximately $315 million to $335 million in wildfire-related...
Allstate Announces Withdrawal from National Trade Group PCI
Dec 17 2007 // Northbrook, Ill.-based Allstate Insurance has given notice to Des Plaines, Ill.-based Property Casualty Insurers Association of America (PCI) that it intends to drop it membership effective December 2008. By-laws of PCI...
Allstate in Deal to Set Up Online Bill-Payments
Dec 6 2007 // Allstate Corp. and Fiserv Inc. said they’ve worked out a partnership to allow Allstate’s customers to receive and pay bills online through their bank, brokerage or credit union’s Web site. The e-bill...
Texans to Plug Into Wind Energy with Help from Allstate
Nov 28 2007 // Two thousand Texas homes are getting wired into the wind grid with a green donation from Allstate Insurance Company. The insurer announced it will provide enough clean, renewable, wind energy to power the equivalent of...
Florida Regulators Deny Allstate Rate Increases
Nov 19 2007 // The Florida Office of Insurance Regulation issued Notices of Intent to disapprove five rate filings submitted by Allstate Floridian Insurance Co., Allstate Floridian Indemnity Co., Encompass Floridian Insurance Co., and...
Allstate Donates On-line Access of Encarta Africana to Chicago Schools
Nov 19 2007 // Northbrook, Ill.-based Allstate Insurance Co. recently announced it had made a contribution of a three year subscription to Encarta Africana to all Chicago Public High Schools. Nearly 500 people turned out at Urban Prep...
It Figures
Nov 18 2007 // $1 Million The amount a federal judge has ordered jailed Alabama outdoorsman Edmond H. “Eddie” Smith IV to pay to an insurance firm that accused him of filing a bogus post-Hurricane Katrina damage claim for a...
Allstate Cuts West Virginia Home Insurance Rates
Nov 12 2007 // Allstate customers in West Virginia will be paying less for homeowners’ insurance. The company announced last week that West Virginia homeowners with Allstate insurance policies will get an average rate cut of 10...
Calif. Holds Hearing on Allstate’s Auto Rates
Nov 6 2007 // California’s Department of Insurance held hearings yesterday on Allstate Insurance Co.’s auto rates in San Francisco. The consumer group Foundation for Taxpayer and Consumer Rights argued that the company is...
Insurers Used Variety of Resources to Reach Out to Fire Victims
Nov 4 2007 // In the midst of the blazing wildfires that overwhelmed seven Southern California counties in October, insurance companies sprung into action. Most said they had learned from past catastrophes and that preparation was key...
Liberty Mutual to Re-quote 3,305 Dropped Coastal Home Policies in N.Y.
Nov 1 2007 // Some 3,305 coastal residents in New York whose homeowners insurance policies had not been renewed by Liberty Mutual partly because they did not have other policies with the company – such as life or automobile...
Ratings Roundup: Triad Guaranty, Allstate and Affiliates
Oct 26 2007 // Standard & Poor’s Ratings Services has placed its ‘AA’ counterparty credit and financial strength ratings on Triad Guaranty Insurance Corp. and its ‘A’ counterparty credit rating on Triad...
Bottom Line: Allstate’s Aggressive Personal Lines Strategy Paying Off
Oct 17 2007 // When a series of killer hurricanes walloped the Gulf Coast in 2005, costing Allstate Corp. a record quarterly loss of $1.55 billion, the company tried to make sure its bottom line would never be hit so hard again. The...
