Latest Allstate Headlines
All the headlines from our Allstate Topic Page, ordered by recency.
Allstate Disappointed with EEOC Decision to Sue
Jan 1 2002 // The Allstate Corporation announced in a company release it was displeased with the Equal Opportunity Commission’s decision to file a lawsuit against its Allstate Insurance Company subsidiary, which recently...
EEOC Sues Allstate Over Age Bias
Dec 31 2001 // Allstate Corp. has been hit with a lawsuit from the U.S. Equal Employment Opportunity Commission. The suit alleges that the company engaged in age discrimination against its agents. According to a New York Times report,...
ALLSTATE GETS RATE HIKE IN OKLA.
Dec 17 2001 // Allstate received a 30 percent homeowners insurance rate increase in Oklahoma, the largest premium increase in that state since the 1980s. According to BestWire, Allstate lost money in Oklahoma in five of the last six...
Top 10 Stories of 2001
Dec 17 2001 // Recollections and Renewal: Looking Back at 2001 with an Eye to the Future This is the year that was. It is one that many people will be glad to see come to an end because the new year always brings hope—for a rebirth,...
ESURANCE EXPANDS INTO TEXAS
Dec 3 2001 // Esurance Inc., a San Francisco-based direct-to-consumer personal auto insurer and subsidiary of the White Mountain Insurance Group’s Folksamerica Holding Co., plans to begin selling auto insurance to customers in...
Michigan-Based NAPAA Files Lawsuit Against Allstate
Nov 21 2001 // Canton, Mich.-based National Association of Professional Allstate Agents (NAPAA) filed a lawsuit in U.S. District Court in Tampa, Fla. against Allstate Insurance Co., claiming that the insurer breached its agreement with...
Retreating Insurers Create Turmoil in the Texas HO Market
Oct 8 2001 // Despite efforts by the Texas Department of Insurance to stabilize the homeowners insurance market in the state, property/casualty insurers are bailing out of the Texas market or scaling back coverage, at least temporarily,...
Courts Continue to Reject Diminished Value Concept in Class Actions
Sep 5 2001 // In spite of an ongoing influx of litigation, U.S. courts continue to reject class-action lawsuits involving diminished value, a concept referring to the difference between the value of a vehicle before and after it was...
2000 Market Share For Insurers in Texas
Sep 3 2001 // The books are closed on 2000 Texas premium and loss information for the insurance industry. IIAT’s annual review of market share data contains a few surprises, some good news and some bad news. Here are the...
NJ Woman Wins Reversal of Allstate Decision
Aug 27 2001 // Allstate New Jersey got one of its good hands slapped by an Administrative judge, who ruled that the company had unfairly forced Jennifer Bencivengo into an assigned risk plan following an accident which wasn’t her...
Esurance Teams with Patelco to Launch Integrated Online Auto Loan and Insurance Platform August 23,
Aug 23 2001 // Esurance Inc., a nationwide direct-to-consumer personal auto insurance provider and subsidiary of Folksamerica Holding Company Inc., along with San Francisco-based Patelco Credit Union, announced the launch of the first...
Allstate Approved to Establish Full-Service Bank
Jul 24 2001 // On July 20, U.S. regulators gave Allstate Corp. the green light to form a full-service federal savings bank, according to a Reuters report. The process will essentially upgrade Allstate’s existing banking subsidiary,...
Study Says Eight Insurers Command 65 Percent Market Share in Hurricane-Prone States
Jul 23 2001 // A recent study by Palm Beach Gardens, Fla.-based Weiss Ratings Inc. indicated that just eight large property and casualty insurers provide homeowners coverage to residents in hurricane-prone states. Weiss Ratings, a...
Study Says Eight Insurers Command 65% Market Share in Hurricane-Prone States
Jul 13 2001 // A recent study by Palm Beach Gardens, Fla.-based Weiss Ratings Inc. indicated that just eight large property and casualty insurers provide homeowners coverage to residents in hurricane-prone states. Weiss Ratings, a...
Allstate To Sell German, Italian Auto to Direct Line
Jun 21 2001 // Allstate announced yesterday that it would sell its direct auto insurance businesses in Germany and Italy to the U.K.’s Direct Line. The German operation, launched in 1997 has around 117,000 policies in force. The...
Allstate Grants Financial Selling Power to One-Third of Its Agents
Jun 15 2001 // Nearly one-third of Allstate’s 13,000-member exclusive agency force is now licensed to provide personal financial products and mutual funds. More than 4,300 Allstate exclusive agents have earned the “Personal...
After Deal with iwix.net Goes Sour, ebix.com Turns to Esurance
Jun 11 2001 // On May 29, Atlanta-based ebix.com struck a deal with Esurance Inc., a national quote-to-claims Internet-based provider of personal auto insurance. Under the terms of the deal, Esurance will offer instant online auto...
Article 21.55: Reason Prevails
Jun 4 2001 // For a generation, or so, courts around the country have thought that contract law was insufficient to regulate the claims conduct of insurance companies. Consequently, the common law of insurer bad faith has been created....
Esurance to Provide Quoting, Binding of Auto Policies on Ebix.com
May 31 2001 // Esurance Inc., a national quote-to-claims Internet-based provider of personal auto insurance, announced an agreement with the insurance portal ebix.com Inc. Under the terms of the agreement, Esurance will provide instant...
Allstate’s Good Hands Put Death Grip on Fraud Perpetrators
May 21 2001 // “You’re in good hands.” Those words have a profoundly different context if you happen to be part of a group of individuals who submit “creative” claims to Allstate. In that case, those good...
