Latest Allstate Headlines
All the headlines from our Allstate Topic Page, ordered by recency.
Could Allstate’s ‘5 Minute’ Small Business Policy Transform Commercial Lines Sales?
Oct 19 2016 // At a time when technology startups are also targeting the small commercial insurance market, giant Allstate has debuted a hi-tech business insurance quoting platform that it says makes it possible for small business owners...
Esurance Doubles-Down on Election Coverage Prank with Sweepstakes
Oct 10 2016 // Online insurance seller Esurance, which offered fake Election Insurance in an April Fools’ Day prank that it says created a “furor of demand” from Americans this election year, has created a sweepstakes...
Allstate CEO Driven by Opportunity in Transportation Disruption
Sep 14 2016 // Allstate Corp., the largest publicly traded U.S. home and auto insurer, said the country’s transportation network is highly inefficient, with vehicles sitting idle for most of the day, and that the company is betting...
Allstate Offers Home-Sharing Insurance Endorsement in Michigan
Aug 25 2016 // Allstate is now offering a home-sharing endorsement in Michigan for homeowner insurance customers who rent out their homes on a temporary basis. With participation in the home-sharing economy expected to quadruple over the...
North Carolina Agent Accused of Submitting Fraudulent Auto Policies to Allstate
Aug 22 2016 // A North Carolina insurance agent has been arrested and accused of creating false auto policies, according to a statement from North Carolina Insurance Commissioner Wayne Goodwin. Eddie Ray Butler, 29, formerly of...
Allstate Launches Stand-Alone Telematics Unit
Aug 4 2016 // Allstate Corp. Chief Executive Officer Tom Wilson created a stand-alone unit for a telematics business that he expects to grow rapidly by collecting data on drivers and selling analytics products to third parties. The firm...
Allstate Q2 Profit Hurt by Catastrophes, Auto Loss Costs
Aug 4 2016 // Allstate Corp. reported that consolidated total revenue increased by 2.0 percent to $9.2 billion in the second quarter of 2016 compared to the prior year quarter, as higher insurance premiums outweighed declines in net...
New Jersey, Allstate Recover Millions in PIP Insurance Fraud Case
Jul 28 2016 // New Jersey insurance officials said they have recovered $3.5 million in a personal injury insurance fraud case involving chiropractors, physicians, medical facilities, billing companies and others. In a case connected to...
Allstate Names Macellaro President of Encompass
Jul 14 2016 // The Allstate Corp. has promoted Patrick Macellaro, vice president, Investor Relations, to president of the Encompass insurance companies. Macellaro will report to Don Civgin, president, Emerging Businesses. Macellaro has...
Jury Awards $27M to Four Fired Allstate Employees in Illinois
Jul 5 2016 // A federal jury has awarded more than $27 million to four former Allstate employees who sued the insurer for defamation. The Chicago Tribune reported the employees worked for a now-defunct equity division of the Northbrook,...
Allstate Returns to California Homeowners Market With 12.6 Percent Reduction
Jun 14 2016 // Allstate Insurance returned to the California homeowners insurance market this week following a nine-year absence writing new policies. Insurance Commissioner Dave Jones welcomed Allstate, which entered into an agreement...
Allstate’s Domestic Violence Awareness Campaign Targets Financial Abuse
Jun 14 2016 // https://youtu.be/3XvbpYcgCrk Allstate Foundation Purple Purse has launched an awareness and fundraising campaign to call attention to the barriers that keep women trapped in abusive relationships. The #FreetoWalk campaign...
Encompass Insurance Exits North Carolina Personal Lines
Jun 6 2016 // Encompass Indemnity Insurance, an Allstate Insurance company that sells business through independent agents, has exited the North Carolina personal lines market. As of May, Encompass is no longer renewing business in the...
Allstate Debuts Insurance Coverage for Homeowners Sharing Their Homes
May 25 2016 // In a move to serve customers who rent out their homes on a temporary basis, Allstate has filed plans to offer home-sharing protection in six states — Arizona, Colorado, Illinois, Michigan, Tennessee and Utah — starting...
Encompass Insurance Exits North Carolina Personal Lines Market
May 25 2016 // Encompass Indemnity Insurance, an Allstate Insurance company that sells business through independent agents, has exited the North Carolina personal lines market. As of this month, Encompass is no longer renewing business...
Report Calls Out Insurers for Half-a-Trillion Dollars in ‘Dirty Energy’ Investments
May 24 2016 // Leading U.S. insurers have nearly half-a-trillion dollars invested the fossil fuel energy and the electric and gas utility sectors, according to a report out today that urges state insurance regulators and board members of...
Allstate: Texas Hail Event Accounts for Half of April Cat Losses
May 19 2016 // The Allstate Corp. announced estimated catastrophe losses for the month of April 2016 of more than $600 million, pre-tax ($411 million after-tax). Half of the losses stem from one severe hail event in Texas last...
Allstate App Helps Insureds Get Price Quotes, Schedule Car Repairs
May 17 2016 // Allstate has teamed up with Openbay, an online marketplace for non-collision auto-repair and maintenance services, to allow consumers to receive multiple price quotes and schedule auto repairs for anything from an engine...
Allstate Rate Hikes for Georgia Drivers Move Forward, For Now
May 17 2016 // Allstate can go ahead raise auto insurance rates for Georgia drivers later this month because a state review of the planned increase won’t be done in time to stop the higher rates from taking effect, state regulators...
Allstate Absorbed Higher Catastrophe Losses, Lower Investments in Q1
May 9 2016 // Catastrophe losses including those from two severe hailstorms left their mark on the Allstate Corp. in the first quarter, with net income during the period plunging more than 65 percent. Echoing trends from other...
