Allstate Insurance Company is seeking to recover $3.8 million against six physicians and five medical professional corporations in its third insurance fraud lawsuit of 2013. Since 2003, Allstate has filed 47 fraud lawsuits in New York State seeking more than …
Philadelphia drivers have been ranked as the worst among big cities with at least 1 million residents, according to an annual report from the Allstate Insurance Company.The eighth annual “Allstate America’s Best Drivers Report” is based on Allstate’s claims data. …
Home and auto insurer Allstate Corp. said on Thursday it lost $280 million in April on natural disasters, more than it lost in the first three months of the year combined. Allstate said the pre-tax loss came from 10 separate …
Allstate Insurance reported a first quarter profit of $766 million, up by about 46 percent from a year-earlier profit of $524 million. The increase was due to improvement in operating income and, to a lesser extent, realized capital gains. Operating …
Allstate Corp.’s board of directors has approved a new $1 billion share repurchase program. The Northbrook, Illinois-based company will issue a combination of preferred stock and senior unsecured notes totaling $1.25 billion to fund the buyback, which is expected to …
Delaware Insurance Commissioner Karen Weldin Stewart has fined Allstate Insurance Co. and its subsidiary Encompass Insurance Co. a total of $50,000 for violations of Delaware insurance law. The fines are contained in two separate consent orders, signed by Stewart this …
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