allstate esurance News

Allstate to Retire Esurance Brand

Allstate is retiring its Esurance brand and combining its remaining Allstate, Encompass and Answer Financial personal lines brands under a single business model. The company says dropping Esurance and creating the new business model will lower costs and allow it …

Allstate Doubles Q2 Profit

Allstate saw its profit more than double thanks to increased premiums, strong investment results and lower auto insurance claims frequency. Net income was $550 million for the second quarter of 2017 compared to $242 million in the same period last …

Esurance, Major League Baseball Team Up on New Awards

Esurance and Major League Baseball are establishing a new awards series that will hand out 24 prizes including best major leaguer, fan catch and social media post. The first-of-its-kind series adds content for MLB’s media properties while catering to its …

White Mountains Buys Majority Stake in Internet Insurance Broker Tranzact

White Mountains Insurance Group Ltd. purchased a majority stake in Tranzact for $178 million as the insurer renews its bet on policy sales through the Internet. White Mountains acquired 63 percent of Tranzact, which operates DirectHealth.com, the online insurance comparison …