Latest Allstate Headlines
All the headlines from our Allstate Topic Page, ordered by recency.
State Farm VP Apologizes to Homeowner, Allstate Exec Gets Grilled at Senate Hearing
Jun 2 2025 // It’s not just some Florida-domiciled insurance carriers that have allegedly altered field adjusters’ reports or low-balled property damage estimates in recent years. It’s also major national insurers,...
State Farm VP Apologizes to Homeowner While Allstate Gets Grilled at Senate Hearing
May 15 2025 // It’s not just a few Florida-domiciled insurance carriers that have allegedly altered field adjusters’ reports or low-balled damage estimates in recent years. It’s also major national insurers, according...
Auto Insurance Market Stays Rational Despite Improved Trends, Says Allstate
May 5 2025 // Allstate Corp. CEO Tom Wilson said he does not expect auto insurers to get more aggressive on pricing as the industry’s rate increases seem to have leveled off. For the most part, Wilson explained to analysts during...
Allstate Q1 Income Drops 52% on Record $3.3B Gross Catastrophe Losses
May 1 2025 // Allstate Corp. first quarter 2025 net income applicable to common shareholders fell more than 52% to $566 million primarily due to a record $3.3 billion of gross catastrophe losses. The gross loss was partially offset by...
Allstate Agent Can Be Sued Over Nonrenewal of ‘Grandfathered’ Flood Insurance Policy
Apr 15 2025 // A Connecticut agent for Allstate Insurance may be sued by an insured who faults the agent for not renewing a flood insurance policy in a timely fashion, thereby depriving the insured of the benefit of...
People Moves: Shipper to Head Beazley N.A. Commercial Property; Porch Group Names New Leadership; Allstate Names Carter as CHRO
Mar 14 2025 // Lindsay Shipper Specialty insurer Beazley appointed Lindsay Shipper as head of commercial property, North America, effective April 1. She will report to Richard Montminy, group head of property risks, and will be based in...
New York Sues National General and Allstate Over Data Breaches
Mar 11 2025 // New York’s Attorney General filed a lawsuit against National General and its parent Allstate Insurance Co. alleging they have failed to protect New Yorkers’ personal information from cyberattacks. The suit by...
Allstate to ‘Lean Into’ Turnaround in Auto Business, and Grow
Feb 7 2025 // Allstate’s plan to correct its auto insurance business has “restored profitability back to target levels,” said the insurer’s head of personal insurance. During an earnings call with analysts, Mario...
Allstate Q4 Income Up 30% Despite High Hurricane-Related Losses
Feb 5 2025 // Allstate Corp. fourth quarter net income applicable to common shareholders increased 30% to about $1.9 billion, and the insurer finished 2024 with net income of $4.6 billion compared to a loss of $316 million the prior...
Texas Lawsuit Alleges Allstate Illegally Collects Driver Data
Jan 13 2025 // The State of Texas on Monday filed a lawsuit against Allstate, alleging the insurance company illegally collects driver data through secretly embedded software in mobile apps and then uses the data to justify raising...
Texas Accuses Allstate-Owned Arity of Data Privacy Violations
Dec 13 2024 // Texas Attorney General Ken Paxton has filed a notice of violation against Allstate-owned Arity, a mobile data company that collects drivers’ information, for breaching the Texas Data Privacy and Security Act...
Allstate October Catastrophe Losses of $286M Include Milton, Helene
Nov 21 2024 // Allstate today said it estimated pretax catastrophe losses of $286 million for the month of October. Losses during October included $102 million, pretax, from Hurricane Milton as well as $144 million in unfavorable reserve...
Allstate Thinks Outside the Cubicle With Flexible Workspaces
Nov 18 2024 // After ditching two-thirds of its office space and selling its Chicago headquarters, Allstate Corp. realized that even employees who prefer working remotely still need a place to gather with their coworkers from time to...
Allstate Says It’s Ready to Grow Homeowners Line With All 3 Distribution Channels
Nov 18 2024 // Allstate said it sees opportunity where others may not — in homeowners insurance. And the insurer plans to use all three distribution channels to do it. Due to rising trends in the frequency and severity of...
Allstate Insurers Sue Hyundai, Kia to Pay for Claims From Defective Cars
Nov 14 2024 // A group of subsidiaries of Allstate have filed a subrogation suit against Hyundai and Kia to get back costs paid to insureds for damages when their cars suddenly erupted in flames. According to the lawsuit, now in U.S....
Allstate Says It’s Ready to Grow Homeowners Line With All 3 Distribution Channels
Nov 1 2024 // Allstate said it sees opportunity where others may not — in homeowners insurance. And the insurer plans to use all three distribution channels to do it. Due to rising trends in the frequency and severity of...
Allstate Turns in Net Income of $1.2B After Q3 Hurricanes
Oct 31 2024 // Allstate Corp. said its net income attributable to common shareholders for the third quarter was about $1.2 billion compared to a loss of $41 million during the same time a year ago. The Northbrook, Illinois-based insurer...
Allstate, Roberto Clemente Agency Settle Racial Bias, Fraud Dispute
Oct 30 2024 // The son of the late Major League Baseball Hall of Famer Roberto Clemente and Allstate Insurance Co. have settled their disputes over Allstate’s cancellation of the Clemente Family Agency’s contract and...
Allstate Reports $1.7B in Q3 Pretax Catastrophe Losses, $630M From Helene
Oct 17 2024 // Allstate Corp. doesn’t announce third quarter earnings until Halloween but today it released some scary September pretax catastrophe losses. In keeping with its initiative to announce monthly catastrophe losses that...
Allstate to Sell Employer Voluntary Benefits Business to StanCorp for $2 Billion
Aug 14 2024 // Insurer Allstate has agreed to sell its subsidiaries that provide employer voluntary benefits to StanCorp Financial Group (The Standard) in a $2 billion cash deal, the company said in a regulatory filing on Tuesday. The...
