Latest Allstate Headlines
All the headlines from our Allstate Topic Page, ordered by recency.
Allstate: no new risksin Conn., N.J. and Del.
Dec 24 2006 // Allstate Insurance Co., continuing its reappraisal of its hurricane loss exposure along the East Coast, has decided to stop writing new property insurance policies in all areas of Connecticut, New Jersey and Delaware. The...
Allstate Adds Maryland Coast to Its ‘No New Business’ List
Dec 22 2006 // Citing concerns that a warmer Atlantic Ocean will lead to more strong hurricanes hitting the region, Allstate Corp. will stop writing homeowners’ policies in coastal areas of Maryland. Starting in February, the...
Ind. Conseco President Moves to Allstate Financial
Dec 20 2006 // Carmel, Ind.-based Conseco Inc. today announced that President and Chief Operating Officer James Hohmann will be leaving the firm to become president of Allstate Financial. Conseco Chairman R. Glenn Hilliard said,...
La. Rating Commission Rejects Key Rule Change for Allstate
Dec 18 2006 // A panel of state insurance regulators on Dec. 15 rejected a proposed rule change that Allstate Insurance Co. cites as critical to deciding the company’s long-term future in Louisiana after Hurricane Katrina. The...
Allstate Floridian Lowers Rate Bids
Dec 14 2006 // Under pressure from state regulators, Allstate’s two Florida homeowners insurance companies are drastically shrinking the size of the rate increase they’re seeking. Allstate spokesman Ryan Priest said the...
Allstate to Halt New Property Business in Conn., N.J. and Del.
Dec 8 2006 // Allstate Insurance Co., continuing its reappraisal of its hurricane loss exposure along the East Coast, has decided to stop writing new property insurance policies in all areas of Connecticut, New Jersey and Delaware. The...
Allstate Floridian Reduces Rate Increase Request
Nov 10 2006 // Allstate Floridian Insurance, the state’s third largest home insurer, is lowering its proposed rate increase in the face of resistance from state regulators. The company said that it was still seeking a rate...
People
Nov 5 2006 // Peter McMurtrie has joined Columbus, Ohio-based Grange Insurance in the new position of chief claims officer. The company said McMurtrie would focus on three main areas of operation: transactional excellence, best...
Esurance Seeks to Grow in Oregon
Oct 26 2006 // Esurance, a direct-to-consumer personal auto insurance company, announced the launch of its auto insurance program in Oregon. Gary Tolman, Esurance President & CEO, stated, “We think Oregon drivers will...
People
Oct 23 2006 // The Allstate Corporation announced a leadership transition, which will occur over the next 18 months. Edward M. Liddy, currently chairman and chief executive officer, plans to step down as CEO at the end of 2006. Thomas J....
Alabama coastal property owners face more insurer restrictions
Oct 23 2006 // Two of the Alabama’s largest insurance firms said they’re reducing coverage and increasing deductibles in Mobile and Baldwin counties, citing frequent hurricanes, coastal construction growth, lack of strong...
Maryland Orders Allstate Return $17.5M to Auto Insureds
Oct 20 2006 // Maryland Insurance Commissioner R. Steven Orr has ordered Allstate Insurance to return $17.5 million to 20,571 of its auto policyholders in Maryland whom he says were improperly charged. This restitution is in addition to...
Allstate Swings to $1.16 Billion Gain in 3rd Quarter with Fewer Hurricanes
Oct 19 2006 // Northbrook, Ill.-based Allstate Corp., the second-largest U.S. personal-lines insurer behind State Farm, reported a $1.16 billion third-quarter profit Wednesday as it benefited from a quiet hurricane season. The company...
Insure.com Names Romito Vice President, Chief Information Officer
Oct 16 2006 // Darien, Ill.-based Insure.com Inc. announced it has named former Allstate technology executive, Daniel A. Romito, as vice president and chief information officer. The company is also reported that Eric Bergquist has...
Ala. Coastal Property Owners Facing More Insurer Restrictions
Oct 10 2006 // More insurance cutbacks for Alabama coastal properties — not only for buildings and homes near the beaches — are coming in the wake of 2004 and 2005 hurricanes. Two of the state’s largest insurance firms said...
Cora Barran was elected president of the Insurance
Oct 9 2006 // People Ernie Csiszar, the Romania-born former South Carolina regulator who two years ago was named president and chief executive officer of the then newly-formed Property Casualty Insurers Association of America, resigned...
Allstate CEO Liddy to Retire; Wilson Named Successor
Sep 19 2006 // The Allstate Corporation board of directors announced a leadership succession transition, which will occur over the next 18 months. Edward M. Liddy, currently chairman and chief executive officer, plans to step down as CEO...
Allstate drops Alaska earthquake coverage
Sep 4 2006 // Nearly 7,000 Alaskans will lose their earthquake insurance as their policies come up for renewal. Allstate Insurance Co. is cutting its optional earthquake coverage nationwide, and will drop this plan as policies come up...
News Currents
Sep 4 2006 // Allstate drops Alaska earthquake coverage Nearly 7,000 Alaskans will lose their earthquake insurance as their policies come up for renewal. Allstate Insurance Co. is cutting its optional earthquake coverage nationwide, and...
La.’s Gov. Blanco: No Quick Fixes for Insurance Woes
Aug 21 2006 // Louisiana Gov. Kathleen Blanco met with insurance industry executives on Aug. 17, seeking ways to keep insurers writing homeowners policies in Louisiana after the twin punches of hurricanes Katrina and Rita. The private...
