Allstate News

10 Arrested in North Carolina Staged Auto Accident Ring

Nine residents in Pitt County, North Carolina, were arrested in connection with an alleged staged auto accident ring, according to a statement from the North Carolina Department of Insurance (NCDOI). Investigators allege the accused staged seven separate vehicle crashes between …

Chubb Estimates Q2 Cat Losses to Rise 54% from Q1 2016

Property and casualty insurer Chubb Ltd. estimated natural catastrophe losses for the second quarter to be about 54 percent higher than the first quarter, indicating another quarter of high losses due to natural disasters for insurers. Multiple weather events in …

Jury Awards $27M to Four Fired Allstate Employees in Illinois

A federal jury has awarded more than $27 million to four former Allstate employees who sued the insurer for defamation. The Chicago Tribune reported the employees worked for a now-defunct equity division of the Northbrook, Illinois-based company. According to court …

Randall, Smith Top Allstate’s List of Stormiest Texas Counties

Texas storms affected more Allstate insured homes in Randall county than any other part of the state over the past five years, while Smith county saw the highest frequency of lightning. Allstate tallied the top 25 Texas counties affected by severe weather; identifying areas with …

Allstate Moving 400 Tech Jobs to Chicago

Insurance company Allstate has announced plans to open an innovation hub with 400 employees at Chicago’s Merchandise Mart. The Northbrook-based company announced that the 45,000-square-foot office space will house the company’s Quantitative Research & Analytics and Connected Car teams. The …

Mass. AG: Encompass to Pay for Repair of Vehicles Brought to Unregistered Shops

A subsidiary of Allstate has agreed to pay for the correction of faulty repair work performed on motor vehicles brought to unregistered body shops in Massachusetts, Attorney General Maura Healey announced on Sept. 24. The assurance of discontinuance with Encompass …

Allstate to Offer Ridesharing Endorsement in Four States

Allstate has launched a “Ride for Hire” endorsement for qualified transportation network company drivers that will be available in four states – Colorado, Illinois, Texas, and Virginia – by the end of this year. The Allstate Ride for Hire endorsement …

Allstate Seeks to Recruit Over 100 New Exclusive Agency Owners in Northeast

Allstate Corp. announced its plan to grow its exclusive agency count and hire more licensed sales staff and financial professionals in the Northeast region. Allstate said Monday that it seeks to appoint 63 new Allstate-exclusive agency owners, approximately 172 licensed …

Esurance Becomes Baseball’s Exclusive Auto Insurance Partner

Esurance has become Major League Baseball’s exclusive auto insurance partner in a multiyear agreement that includes title sponsorship of the sport’s new all-digital All-Star balloting. Neither MLB nor Esurance, which was bought by Allstate Corp. in 2011 as part of …

Bell, Smith Top Allstate’s Stormiest Counties in Texas List

Allstate has tallied the top 25 Texas counties affected by severe weather; identifying areas with highest frequencies of wind and hail, and lightning related homeowner property damage claims from 2010 through 2014. Storms in Bell County, Texas, affected more Allstate …