Latest Allstate Headlines
All the headlines from our Allstate Topic Page, ordered by recency.
Allstate Offers Claim Satisfaction Guarantee
Jan 3 2012 // Allstate has decided to expand a claims guarantee to their auto insurance customers that will provide a credit to their auto policies if they are not satisfied with their auto claims service. The claim satisfaction...
Allstate Revises Agent Compensation Plan
Dec 27 2011 // Allstate’s captive agents have been spared part of a planned cut in their commissions as the insurer has revised its compensation strategy. The Illinois-based insurer confirmed that it would cut its base commission...
Esurance Debuts First Ad Campaign Since Being Bought by Allstate
Dec 22 2011 // Esurance, the onlinel car insurance company now owned by Allstate, has launched a new ad campaign around the concept, “Insurance for the Modern World. The campaign – which includes television, cinema, in-flight,...
Sex, Dogs and Heads That Rolled Among Top Insurance Journal News Stories in 2011
Dec 22 2011 // In 2011, Insurance Journal.com brought readers news on everything from dog bites to major catastrophes, including news on courts, legislation, regulations, politics, acquisitions, bankruptcies, markets, rates, products and...
Allstate Files $6.3M Insurance Fraud Case Against 83 N.Y. Defendants
Dec 22 2011 // Allstate Insurance Company is seeking to recover $6.3 million against 83 New York area defendants in its seventh insurance fraud lawsuit of 2011. The complaint, filed under the Racketeer Influenced and Corrupt...
Allstate Rates for Texas Homeowners Could Go Up
Dec 19 2011 // Allstate Insurance has asked Texas regulators to allow the company to raise homeowner rates by nearly 10 percent for some customers. Allstate spokesman Joe McCormick told the Dallas Morning News that the industry is...
All in the Family
Dec 16 2011 // Young Agents Survey Reveals Strong Family Ties Bryan Hanes grew up in the family business listening to stories about life in a small town. He heard his grandfather and then father sharing cheerful conversations with local...
Allstate Bundles Home Policies with Auto Policies in North Carolina
Dec 5 2011 // Allstate Insurance Co. has informed 45,000 homeowners in North Carolina that it will not renew their home policies unless they also purchase commercial or private auto insurance from the insurer by Dec. 15. Allstate...
Allstate Drops North Carolina Homeowners Who Insure Autos Elsewhere
Nov 22 2011 // Some North Carolina residents who insure their residences through Allstate are finding themselves dropped by the company for refusing to bundle their home and auto coverage. Allstate Insurance Co. has informed 45,000...
Allstate Announces $1 Billion Share Buyback Plan
Nov 10 2011 // Allstate Corp.’s board of directors has approved a new $1 billion share repurchase program. The Northbrook, Illinois-based company will issue a combination of preferred stock and senior unsecured notes totaling $1.25...
Business Moves
Nov 7 2011 // The Doctors Co., FPIC Medical liability insurer The Doctors Co. completed its previously-announced acquisition of FPIC Insurance Group Inc., a major provider of health care liability insurance in Florida, Texas, Georgia...
Pennsylvania Agency Owners Indicted for Fraud
Nov 4 2011 // Penn. Agency Owners Indicted Insurance agency owners from Pennsylvania were indicted this week with 13 counts of wire fraud, mail fraud and conspiracy to commit wire and mail fraud. Bruce and Irene Gardner, of Richboro,...
Colorado Allstate Agents Hiring Announcement Follows Lackluster Jobs Report
Nov 4 2011 // In the wake of lackluster unemployment figures released on Friday a large insurance company is trying to draw attention to opportunities within Colorado in the industry and its firm. Friday’s report from the U.S....
S&P Lowers Outlook on Allstate and Subs to Negative; Affirms Ratings
Nov 3 2011 // Standard & Poor’s Ratings Services has revised its outlook on Allstate Corp., Allstate Insurance Co. (AIC), and its core property-liability insurance companies (collectively, Allstate Protection), as well as the...
Allstate Suffers $1 Bilion in Disaster Losses in Q3
Nov 1 2011 // Allstate Corp. posted a sharply smaller profit for the third quarter, as the largest publicly traded home and auto insurer in the United States lost more than $1 billion due to natural disasters. Allstate also said it...
Allstate’s Q3 Disaster Losses Top $1 Billion
Oct 20 2011 // Allstate Corp. suffered nearly $1.1 billion in catastrophe losses in the third quarter, the country’s largest publicly traded home and auto insurer said Thursday. That is half of what Allstate lost in the second...
Allstate, Encompass Fined for Violating Delaware Auto Law
Oct 17 2011 // Delaware Insurance Commissioner Karen Weldin Stewart has fined Allstate Insurance Co. and its subsidiary Encompass Insurance Co. a total of $50,000 for violations of Delaware insurance law. The Allstate consent order...
Business Moves
Oct 17 2011 // Allstate, Esurance, Answer Financial The Allstate Corp. said it has obtained all required regulatory approvals and closed its acquisition of Esurance and Answer Financial from White Mountains Insurance Group Ltd. The...
Allstate Closes on $1 Billion Acquisition of Esurance, Answer Financial
Oct 7 2011 // The Allstate Corp. said it has obtained all required regulatory approvals and closed its acquisition of Esurance and Answer Financial from White Mountains Insurance Group Ltd. The purchase price was approximately $1...
Pennsylvania Motorcyclist Rule Upheld
Oct 3 2011 // A Pennsylvania court has ruled that an exclusion in underinsured motorist coverage for injuries incurred while on a motorcycle applies to motorcyclists injured after being thrown off their bikes. An underinsured motorist...
