Latest Allstate Headlines
All the headlines from our Allstate Topic Page, ordered by recency.
Allstate, Merrill Lynch End $167 Million Mortgage Suit
Apr 9 2014 // Allstate Corp. and Bank of America Corp.’s Merrill Lynch unit agreed to end a lawsuit by the insurer over $167 million in mortgage-backed securities as the second-largest U.S. lender continues to resolve litigation...
Recruiting Allstate in Colorado Will Pay for Refers
Apr 9 2014 // Under its effort to continue expanding across Colorado, Allstate says it will appoint 24 new agency owners in the state this year and it will offer to pay people for referring qualified candidates. Including support staff...
Allstate, Bank of America Agree to End Lawsuit Over Mortgages
Apr 8 2014 // Allstate Corp. and Bank of America Corp.’s Countrywide unit have agreed to dismiss a lawsuit stemming from $700 million of toxic mortgage debt, according to a court filing on Tuesday. The parties “have agreed...
Esurance Names Gellman Chief Marketing Officer
Apr 8 2014 // Esurance, the direct-to-consumer insurance company, said that Alan Gellman has joined the company as chief marketing officer. Alan GellmanEsurance, Chief Marketing Officer Gellman will oversee all of Esurance’s...
Poll’s Preemptive Strike Against Colorado Rideshare Bill
Mar 31 2014 // Days before a key vote in Colorado Legislature on ridesharing regulation a large insurer has come out with a poll that shows the majority of Coloradans believe rideshare companies should cover their drivers with commercial...
Poll: Most Mississippians Support Ban on Texting While Driving for All Motorists
Mar 13 2014 // A new survey released this month says most Mississippians support tightening the state’s law on texting while driving. Currently Mississippi prohibits texting while driving for those with a learner’s permit or...
10 Things to Know About Home & Auto
Mar 10 2014 // New Jersey is the most expensive state for auto insurance where the average expenditure is $1,183.95. Idaho is the least expensive with an average expenditure for coverage at $535.15. – Insurance Information Institute...
Allstate Beefs Up Agency Force
Feb 21 2014 // Allstate Corp., the largest publicly traded U.S. home and auto insurer, increased its agency count for the first time since 2007 as the company targeted growth beyond the U.S. East Coast to diversify risk. The insurer had...
Esurance to Hire 450 for New South Carolina Sales Office
Feb 20 2014 // Esurance, the direct-to-consumer insurance company, will open a new sales and claims office in Greenville, South Carolina, this summer that will employ up to 450 South Carolina residents. The insurer said job openings will...
Allstate: Catastrophe Losses in January Reached $277M
Feb 20 2014 // Allstate Corp. said estimated catastrophe losses for the month of January were $277 million. The cost is $180 million after tax, the personal lines insurer said. Catastrophe losses were from six events at an estimated cost...
Allstate Seeking to Expand Agency Count in Texas
Feb 19 2014 // Allstate Insurance Co. is launching a recruitment campaign to appoint 120 new agency owners in Texas this year. Allstate agency owners are also actively searching for qualified candidates to fill more than 800 sales...
And the Winner of Esurance’s $1.5 Million Twitter Sweepstakes Is…
Feb 6 2014 // The winner of the Esurance $1.5 million Twitter sweepstakes was revealed last night on Jimmy Kimmel Live! on ABC. Aunt Chippy from Jimmy Kimmel Live! interviewed the winner to get his reaction to the news that his Tweet...
Allstate Sees No Need for Big Homeowners Rate Increases
Feb 6 2014 // Allstate Corp. aims to grow its share of the U.S. home and auto insurance markets without the need for “abnormally large” rate increases, its CEO said, after the company’s profit more than doubled in the...
Insurer to Give Away $1.5M in Twitter Contest
Feb 3 2014 // Direct car insurance provider Esurance is giving consumers a chance to win $1.5 million in a Twitter sweepstakes. Actor John Krasinski announced Esurance’s Twitter sweepstakes in a television commercial that aired on...
Best Affirms Allstate Group and Subs ‘A+’ Ratings; Outlook Stable
Feb 3 2014 // A.M. Best Co. has affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of the members of Allstate Insurance Group (Allstate). Best also affirmed...
Esurance Begins Selling Auto Insurance In West Virginia
Jan 30 2014 // Online seller Esurance is now offering car insurance in West Virginia. In addition to state-required liability coverage, Esurance provides optional auto insurance coverage options including: CarMatch Rental Coverage, which...
Allstate Insurance to Expand in Midwest with New Agencies
Jan 9 2014 // Allstate Insurance Co. has announced plans to appoint new agency owners in Indiana, Michigan and Ohio this year. The company plans to appoint 21 new insurance agency owners in Indiana. Additionally, Allstate’s new...
Allstate, State Farm, Farmers Plan to Raise Home Insurance Rates in Texas
Jan 5 2014 // Texas’ three largest home insurers are kicking off 2014 with steep increases in policyholder premiums, according to a report published on Jan. 4. The Dallas Morning News reports that Allstate, Farmers and State Farm...
Allstate Settles Lawsuit Against Deutsche Bank Over Mortgage Securities
Dec 27 2013 // Deutsche Bank AG and Allstate Corp. settled a suit the insurer brought that accused the bank of misrepresentations and omissions in connection with loans backing $185 million in mortgage securities. Allstate sued the...
Allstate Reports Q4 Pension Settlement Charge of $100-125M
Dec 24 2013 // The Allstate Corp. reported that it expects to report a fourth-quarter 2013 settlement charge of $100 to $125 million, after-tax, related to the annual measurement of its pension obligations as of Dec. 31, 2013. Settlement...
