SquareTrade News

Allstate Says Q2 Results Reflect Strategy Momentum

The Allstate Corp. said its second quarter results show that its strategy of increasing its market share in property and liability insurance products while also expanding into other protection products is working. Overall net income was $821 million compared to …

Allstate Buys Smartphone Repairer iCracked, Expanding Its Consumer Services

The Allstate Corp. said it has acquired iCracked, a provider of on-site, on-demand repair services for smartphones and tablets in North America. The privately held San Francisco-based company will join SquareTrade, a company Allstate purchased in 2019 for $1.4 billion …

Allstate to Pay $1.4 Billion for SquareTrade, Seller of Warranties for Mobile Devices, Appliances

The Allstate Corp. agreed to acquire SquareTrade, a consumer electronics and appliance protection plan provider that distributes through many of America’s major retailers. Allstate said it will acquire the privately-held company for approximately $1.4 billion from a group of shareholders, …

Schools, Parents Seek Protection for Kids’ Pricey Smart Devices

In the couple of weeks since the Academy of Our Lady in Marrero, Louisiana, began its school year, three of the 450 students have already broken their school-issued iPads. One got crushed by books in a backpack, and one got …