Esurance News

Esurance Now Offering Renters Coverage in Indiana

Esurance, the direct-to-consumer personal car insurance company, is now offering renters coverage in Indiana. The renters coverage is offered as an add-on to an Esurance car insurance policy, and is available to both new and existing Esurance customers. The coverage …

Esurance Hiring in San Antonio

Esurance, the direct-to-consumer personal car insurance company, is opening a new office in San Antonio and will hire up to 150 new associates during the next 18 months, the company announced. The company will be hiring customer service associates, managers, …

Esurance Offering Discount to Texas Drivers for Facebook ‘Like’

Esurance announced it is now offering drivers in Texas a 10 percent discount on their car insurance for “liking” Esurance on Facebook. The company said “Like to Save” discount is a natural extension of Esurance’s heritage as a company born …

Allstate Doubles Q4 Profit

Allstate Corp. reported that its profit more than doubled in the fourth quarter thanks to lower catastrophe losses and improved homeowners business. The big insurance company posted a fourth quarter net profit of $724 million compared to a fourth quarter …

Esurance Debuts First Ad Campaign Since Being Bought by Allstate

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, online video and streaming radio among other media …

Allstate Closes on $1 Billion Acquisition of 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 purchase price was approximately $1 billion. The transaction is expected to be non-dilutive …

Esurance, Security First to Sell Homeowners Insurance in Florida

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 …

Ratings Analyst Views Allstate Buy of Esurance Positively

Allstate Insurance Corp.’s plan to buy Esurance Insurance Group is being viewed positively by a key ratings analyst. A.M. Best Co. placed the financial strength rating of A- (Excellent) and issuer credit ratings of “a-“of Esurance Insurance Group under review …

Allstate Targets Online Insurance Sales; Buys Esurance, Answer Financial

In a bid to capture more business from customers who shop online, giant Allstate Corp. has agreed to pay $1 billion to buy two popular online insurance sellers — Esurance and the associated site, Answer Financial. Allstate will pay a …