Nearly six in 10 Americans favor a federal law that would impose driving restrictions on teen drivers and institute a graduated driving license system. A recent national survey from Allstate Insurance shows that support for a national graduated driver licensing …
The majority of Americans consider themselves to be good drivers but their habits on the road tell a different story. American drivers believe their own driving knowledge, ability and safe driving habits are well above other drivers on the road, …
Allstate Corp. reported improved underlying profitability across all business lines for the second quarter quarter, but those gains were more than offset by $2.3 billion in record second quarter catastrophe losses. Allstate reported a net loss of $620 million, compared …
Allstate Insurance agency owners across Texas are planning to hire at least 350 licensed sales professionals by the end of the year, the company announced. Allstate is encouraging its 1,000 plus agency owners to continue to build their agencies by …
Some unhappy Allstate Insurance agents who say the insurer controls them like employees even though they are independent contractors are moving to affiliate with a union. The National Association of Professional Allstate Agents (NAPAA) claims that the giant insurer is …
Florida’s consumer advocate says Allstate’s two Florida home insurers are among the state’s best run and deserve double-digit rate increases along the lines they have requested. The Allstate units, Castle Key Insurance Co. and Castle Key Indemnity Co., which insure …
The Allstate Corp. said on July 18 that the president of its struggling Allstate Protection subsidiary was leaving the company immediately. After the announcement, Allstate’s shares fell more than 5 percent in midday trading. The company gave no explanation for …
The Allstate Corp. announced $0.3 billion, pre-tax, in estimated catastrophe losses for the month of June 2011. June catastrophe losses comprised 13 events. Allstate previously announced $2.0 billion in estimated pre-tax catastrophe losses for the months of April and May …
Two subsidiaries of Allstate Insurance Company Florida are seeking homeowners rate increases worth more than $90 million. Castle Key Indemnity Co. is seeking a 36 percent statewide average rate increase and Castle Key Insurance Co. is seeking a 31 percent …
Esurance, the online car insurance company, said that it is partnering with Security First Insurance Co. as an underwriter to offer homeowners insurance in Florida. The move comes a little more than a month after Allstate Insurance announced it is …
