Latest Allstate Headlines
All the headlines from our Allstate Topic Page, ordered by recency.
Surge in Auto Claims Dampens Allstate Q4 Profit
Feb 4 2016 // Allstate Corp., the largest publicly traded U.S. car and home insurer, said fourth-quarter profit fell on a surge in auto claims. Net income declined 41 percent to $489 million, or $1.18 a share, from $824 million, or...
Ex-Allstate Exec Lacher Succeeds Southwell as Kemper President, CEO
Nov 29 2015 // Joseph P. Lacher Jr., 46, has joined Kemper Corp. as president, chief executive officer and a member of the Kemper board of directors. At the same time, Donald G. Southwell, who had previously announced his plans to...
Allstate Profit Down in Q3 as Auto Claims Rise
Nov 4 2015 // Allstate Corp., the largest publicly traded U.S. car and home insurer, said third-quarter profit slipped 17 percent as claims rose and policy growth slowed in the automobile insurance business. Net income decreased to $650...
Allstate Names Green as President of Encompass Insurance
Oct 29 2015 // The Allstate Corp. has announced that Mark Green named president of the Encompass insurance companies, which sells through independent agents. Green has 25 years of experience in the insurance industry. Last year he was...
Esurance Launches Mileage-Based Insurance Policy in Oregon
Oct 19 2015 // Esurance has launched a new mileage-based insurance offering called Esurance Pay Per Mile, available first to Oregon drivers. Eric Madia, auto products vice president at Esurance, said the through the program customers...
Esurance Launches Mileage-Based Insurance Policy in Oregon
Oct 7 2015 // Esurance, the direct-to-consumer insurance company, has launched a new mileage-based insurance offering called Esurance Pay Per Mile, available first to Oregon drivers. “Esurance is responding to consumer demand for...
Insurance Company Investors Assess Hurricane Joaquin Damage
Oct 2 2015 // The hurricane strengthening off the U.S. East Coast is buffeting insurance providers as investors assess the possible damages. Losses began to accelerate as Joaquin grew into a Category 4 hurricane, with top winds...
Esurance, Major League Baseball Team Up on New Awards
Sep 16 2015 // Esurance and Major League Baseball are establishing a new awards series that will hand out 24 prizes including best major leaguer, fan catch and social media post. The first-of-its-kind series adds content for MLB’s...
Allstate’s Drivewise Telematics App Adds Shopping Rewards, Challenges
Aug 27 2015 // In addition to offering auto insurance savings to its insureds, the Allstate Insurance mobile telematics app known as Drivewise now allows drivers to earn safe driving points they can spend on merchandise, gift cards and...
Auto Losses Seen Cutting P/C Insurance Profits Until 2016
Aug 10 2015 // The property/casualty insurance industry has made money on its personal lines underwriting since 2013 but that is likely to change in 2015. At the same time, commercial auto insurance should still make an underwriting...
Auto Claims Hit Allstate’s Q2 Results
Aug 5 2015 // Allstate Corp. reported net income fell to $355 million in the second quarter, down from $645 million, as the insurer coped with rising auto claims costs. The Allstate brand suffered an underwriting loss for the...
Firms Interested in Driver Data Collected by Auto Insurers
Jul 24 2015 // The restaurants and doughnut shops that consumers pass on their commute would love to predict when they’ll be driving by. Their auto insurer may already know, and could be looking for a way to profit from that...
North Carolina Man Charged with 8 Counts of Insurance Fraud
Jul 20 2015 // A Raleigh, N.C., man has been charged with eight counts of insurance fraud, eight counts of obtaining property by false pretense, four counts of attempting to obtain property by false pretense and four counts of providing...
North Carolina Man Charged with 8 Counts of Insurance Fraud
Jul 8 2015 // A Raleigh, N.C., man has been charged with eight counts of insurance fraud, eight counts obtaining property by false pretense, four counts of attempting to obtain property by false pretense and four counts of providing a...
CAMICO Wins IMCA Marketing Award; Allstate, Hartford, Jackson Also Honored
Jun 25 2015 // CAMICO won the SAMMY Award for overall Best of Show in insurance industry marketing and communications at the annual Insurance Marketing and Communications Association (IMCA) Showcase Awards gala this week in...
Allstate Estimates May Catastrophe Losses at $178M
Jun 19 2015 // The Allstate Corp. has estimated its catastrophe losses in the U.S. for the month of May 2015 of $178 million before tax from eight events. Four severe weather events accounted for over 77 percent of the estimated...
Allstate Announces Recruiting Campaign
Jun 15 2015 // 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 in May that it seeks to appoint 63 new...
Allstate Reunites Owner with ’72 Corvette 43 Years After It Was Stolen
Jun 9 2015 // Terry Dietrich celebrated her 62nd birthday by reigniting a teenage romance. The 62-year-old accountant from Duluth, Georgia, was finally reunited last week with the 1972 Corvette Stingray that was stolen from her more...
Allstate to Offer Ridesharing Endorsement in Four States
Jun 5 2015 // 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...
Allstate Sees Profit in Selling Customer Driving Data
May 28 2015 // Allstate Corp. said improved technology will eventually give the auto insurer a chance to boost revenue by selling customer driving data, much as Google Inc. profits by collecting information on those who use its search...
