Allstate Insurance News

Don’t Expect the Same Raise You Got Last Year: Surveys

Companies are trimming their budgets for merit raises next year, a sign of belt-tightening that could surprise some employees who had enjoyed two straight years of increases. US employers surveyed by Aon Plc, which compiles compensation data on more than …

Allstate’s Castle Key Plans to Drop 33,000 Condo Policies in Florida

At least one of Allstate Insurance group’s Florida subsidiaries plans to non-renew 33,000 Florida condominium policies, starting in June. In a notice sent to Florida agents this month, Allstate said its Castle Key subsidiary had sent a letter Jan. 11 …

Oklahoma Commissioner: Allstate Eases Personal Auto Terms for Delivery Drivers

Oklahoma’s insurance commissioner says Allstate Insurance Co. is voluntarily easing certain policy restrictions to aid delivery drivers using their personal vehicles for delivery of food and medicine during the COVID-19 health emergency. The Oklahoma Insurance Department said Allstate has notified …

3 Changes at the Top at Allstate as Winter to Retire as President

Allstate announced three senior leadership promotions in preparation for the retirement of Matt Winter, president of The Allstate Corp. The promotions include Steve Shebik to vice chairman of The Allstate Corp., Glenn Shapiro to president of Allstate Personal Lines and …

Allstate’s Encompass Insurance to Exit Massachusetts This Summer

Encompass Insurance, an Allstate Insurance company that sells business through independent agents, outlined in its first quarter 2017 earnings news release its intent to withdraw from Massachusetts as part of its profit improvement actions starting in late June of this …

Allstate Ranks Collin, Smith as Texas’ Stormiest Counties

Storms in Texas affected more Allstate insured homes in Collin County than any other part of the state over the past five years, while Smith County saw the highest frequency of lightning, the company says. Allstate Insurance tallied the top …

Allstate Returns to California Homeowners Market With 12.6 Percent Reduction

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 with the commissioner to reduce its homeowner insurance rates by an …

Allstate Rideshare Coverage Approved in California

California Insurance Commissioner Dave Jones has approved a new rideshare insurance product from Allstate Insurance. The Allstate coverage is for for people driving for transportation network companies like Uber and Lyft. Beginning in April, TNC drivers will have the option …

Former California Probation Officer Nabbed For Fraud While on Probation – for Fraud

A former Los Angeles County probation officer, Robyn Palmer, 29, of Long Beach, Calif. was arrested Thursday on six felony counts of insurance fraud for allegedly forging documents to illegally collect disability insurance benefits while serving probation for another insurance …

California Windshield Repairer Ordered To Pay Insurer $1.4M

The owner of a Sonoma County windshield repair business accused in a fraudulent billing scheme has been ordered to pay Allstate Insurance and the state of California more than $1.4 million. The Santa Rosa Press Democrat reported the judgment against …