Latest Allstate Headlines
All the headlines from our Allstate Topic Page, ordered by recency.
Allstate Says Book Value to Rise on Cut in Employees’ Retirement Benefits
Jul 16 2013 // Allstate Corp., the largest publicly traded U.S. home and auto insurer, said it’s cutting some retirement benefits for employees in a move that will increase book value by a range of $1.70 to $2 a share. The...
‘Mayhem’ Outspends ‘Good Neighbor’ in Advertising: SNL
Jul 1 2013 // Allstate’s “Mayhem” trumped State Farm Mutual’s the “Good Neighbor” in advertising dollars in 2012. According to an analysis by SNL Financial, Allstate’s ad spend increased 14.8...
Allstate: Profit to Be Cut by $320 Million on Retiring Debt
Jun 24 2013 // Allstate Corp., the largest publicly traded U.S. home and auto insurer, said second-quarter earnings will be cut by about $320 million on costs tied to extinguishing debt. Allstate paid about $2.3 billion to retire bonds...
‘Mayhem’ Outspending ‘Good Neighbor’ in P/C Insurance Advertising: SNL
Jun 13 2013 // Allstate’s “Mayhem” trumped State Farm Mutual’s the “Good Neighbor” in advertising dollars in 2012. According to an analysis by SNL Financial, Allstate’s ad spend increased 14.8...
Allstate Appoints Sedillo as Chief Executive of Texas Operations
Jun 4 2013 // The Allstate Insurance Company has named Larry Sedillo field senior vice president for the company’s Texas region, where he will lead business operations. Being appointed to this top spot in Texas has special meaning...
Allstate, Citigroup Settle Mortgage Securities Lawsuit
May 30 2013 // Allstate Corp. and Citigroup Inc. agreed to settle a lawsuit filed by the insurer in New York state court accusing the bank of fraudulently selling hundreds of millions of dollars of mortgage-backed securities. Allstate,...
S&P Updates Allstate and Subs Ratings; Outlook Revised to Stable from Negative
May 29 2013 // Standard & Poor’s Rating Services announced that it has completed a review of Allstate Corp. and, under its revised insurance criteria, has affirmed the ‘A-‘ issuer credit rating on the holding...
Allstate Sues 6 Physicians, Medical Corporations in New York
May 20 2013 // 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...
Esurance Now Offering Renters Insurance in Oklahoma
May 7 2013 // Esurance announced it is now offering renters insurance to new and existing customers in Oklahoma. Oklahomans who are renting or leasing a condo, home, or apartment can add the coverage to their auto insurance quote or...
Nearly 40% of Texans Admit Being Scared by Texas Weather: Survey
Apr 2 2013 // Thirty-seven percent of Texans say Lone Star State spring storms scare them, and more than a third say they feel the weather is getting worse year after year, according to a new survey by Allstate Insurance Co. The number...
Esurance and Walmart Team Up for Auto Insurance Discount Program
Mar 22 2013 // Esurance is launching a pilot program offering auto insurance discounts to customers at select Walmart stores in Illinois. Through the pilot program, drivers may obtain a savings card from Esurance kiosks located in...
Texas Market Share: Homeowners and Personal Auto
Mar 11 2013 // Top 40 Insurers/Homeowners Based on 2011 Texas Written Premium Rank Company $ Written Premium % of Market 1 State Farm Lloyds $1,678,075,665 28.09% 2 Allstate Texas Lloyd’s 462,398,477 7.74% 3 Texas Farmers Ins....
Esurance Now Offering Renters Coverage in Indiana
Mar 8 2013 // Esurance, the direct-to-consumer personal car insurance company, is now offering renters coverage in Indiana. The renters coverage is offered as an add-on to an Esurance car insurance policy, and is available to both new...
Allstate Looking for 50 New Agency Owners in Florida
Mar 8 2013 // Allstate Insurance said it is ramping up its recruiting in Florida again and is looking for more than 50 new agency owners. “We see a significant opportunity in the current job climate to attract well capitalized...
Report Questions Insurer Readiness, Attitudes on Climate Change
Mar 7 2013 // A report out Thursday that details responses to a climate change survey from insurers doing business in California, Washington and New York shows many insurers are prepared to deal with today’s extreme weather...
Allstate Slaps 2 N.Y. Medical Corporations With $1.7M Fraud Lawsuit
Feb 28 2013 // Allstate Insurance Company said it is seeking to recover $1.7 million against New York area defendants in its second insurance fraud lawsuit of 2013. Since 2003, Allstate has filed 46 fraud lawsuits in New York State...
N.Y. Insurers ‘Report Cards’ Show 70% of Sandy Claims Closed With Payment So Far
Feb 25 2013 // The New York regulators’ latest Sandy response report cards show 272,878 Sandy-related claims — representing 70 percent of some 389,801 Sandy claims filed in the state — have been closed with payment, as...
Esurance Hiring in San Antonio
Feb 19 2013 // Esurance, the direct-to-consumer personal car insurance company, is opening a new office in San Antonio and will hire up to 150 new associates during the next 18 months, the company announced. The company will be hiring...
Allstate Accelerates California Recruiting
Feb 19 2013 // Allstate Insurance Co. plans to add additional agency owners in California in 2013, expanding its recruiting campaign for the fifth consecutive year. Allstate said it signed 58 new exclusive agents in California last year...
$1.2 Billion in Sandy Losses Paid, Allstate Pursuing Rate Hikes
Feb 7 2013 // Allstate Corp.’s quarterly profit fell 45 percent on losses from superstorm Sandy, but the home and auto insurer said it has paid out about 95 percent of Sandy claims and is seeing rate increases across...
