Allstate Insurance Co. News

Allstate Seeking to Expand Agency Count in Texas

Allstate Insurance Co. is launching a recruitment campaign to appoint 120 new agency owners in Texas this year. Allstate agency owners are also actively searching for qualified candidates to fill more than 800 sales professional positions in agencies across the …

Allstate Settles Lawsuit Against Deutsche Bank Over Mortgage Securities

Deutsche Bank AG and Allstate Corp. settled a suit the insurer brought that accused the bank of misrepresentations and omissions in connection with loans backing $185 million in mortgage securities. Allstate sued the Frankfurt-based lender in New York state Supreme …

Allstate Wins $7.7M Insurance Fraud Lawsuit in California

A Los Angeles County Superior Court has ruled in favor of Allstate Insurance Co. and the State of California in a lawsuit topping $7 million over fraudulent business and billing schemes by unlicensed medical and chiropractic personnel. Allstate alleged Maria …

Allstate Wins Major Medical Fraud Lawsuit in Nevada

Allstate Insurance Co. received a judgment of more than $7 million following a Racketeering Influenced in Corrupt Organizations investigation nearly 10 years in the making. It is the company’s first medical fraud lawsuit in the state. “Medical insurance fraud affects …

Allstate Accelerates California Recruiting

Allstate Insurance Co. plans to add additional agency owners in California in 2013, expanding its recruiting campaign for the fifth consecutive year. Allstate said it signed 58 new exclusive agents in California last year and in 2011, after adding 44 …

Allstate: Texas Car Crashes Spike More than 20% Around the Holidays

More Texans crash their cars during the holiday season than any other time of the year, according to an Allstate Insurance Co. review of its claims data over the five year period between 2006 and 2010. The number of auto …