Allstate Insurance Co. has no immediate plan to drop wind coverage for homeowners in 18 coastal parishes, but the insurer wants to find new ways to offset potential losses if more hurricanes trigger big claims in south Louisiana, the state’s …
After a July 31 meeting between Louisiana Commissioner of Insurance Jim Donelon, Governor Kathleen Blanco and Allstate President Thomas J. Wilson regarding Louisiana’s homeowners market and Allstate’s presence in Louisiana, Donelon said although the company indicated it will continue to …
Louisiana Commissioner of Insurance Jim Donelon and Allstate President and Chief Operating Officer Thomas Wilson will meet Monday, July 31 at the company’s headquarters in Northbrook, Ill., the Louisiana Department of Insurance announced. Commissioner Donelon requested the meeting with top …
The Chicago Tribune reported that Allstate Corp., the nation’s second-biggest auto and homeowner’s insurer after Bloomington-based State Farm Insurance Cos., will be offering a voluntary termination program to employees as a way to cut expenses. Northbrook, Ill.-based Allstate recently posted …
Allstate releasing 700 employees The Chicago Tribune reported that Allstate Corp., the nation’s second-biggest auto and homeowner’s insurer after Bloomington-based State Farm Insurance Cos., will be offering a voluntary termination program to employees as a way to cut expenses. Northbrook, …
The Chicago Tribune reported today that Allstate Corp., the nation’s second-biggest auto and homeowner’s insurer after Bloomington-based State Farm Insurance Cos., will be offering a voluntary termination program to employees in its corporate office as a way to cut expenses. …
Allstate Corp. announced this week that customers living in areas hard-hit by hurricanes and other natural disasters, including North Carolina, are likely to see their premiums rise this year as a result of the insurer’s costly new reinsurance obligations. The …
Liberty Mutual Insurance Company has hired the mediator who oversaw the Sept. 11 Victim Compensation Fund to help settle insurance claims filed by homeowners after hurricanes Katrina and Rita. The Boston insurer’s customers with unresolved claims can have them reviewed …
State treasurers and controllers from around the country are urging major insurance companies to analyze and disclose their financial risk from climate change, warning that higher rates and loss of coverage are inevitable. The officials, who oversee more than $800 …
Hull and Company, headquartered in Fort Lauderdale, Fla., promoted Tim Ramsey to vice president, national personal lines. Ramsey joined Hull and Company in 1998 as manager of the company’s newly formed Charlotte personal lines department. In that role, he oversaw …
