Latest Allstate Headlines
All the headlines from our Allstate Topic Page, ordered by recency.
Declarations
Oct 19 2009 // Bigger, Hungrier “Large brokers enjoy certain advantages of scope and scale. At least in theory, their costs are lower, and they are able to provide a broader array of services. But small brokers are the engines of...
Allstate Agents Petition IRS for Review of Independent Contractor Status
Oct 19 2009 // The National Association of Professional Allstate Agents (NAPAA) has published and is distributing a petition to the Internal Revenue Service, written by an unidentified Allstate agent, questioning whether Allstate has...
Allstate Agents Challenge IRS Over Independent Contractor Status
Oct 19 2009 // The National Association of Professional Allstate Agents (NAPAA) has petitioned the Internal Revenue Service, questioning whether Allstate has lived up to the promise it made in 2000 to make its agents true independent...
Declarations
Oct 19 2009 // Mud Flows After Fires “After the smoke has cleared from any wildfire, there is still the potential for catastrophic damage and losses to homes and neighborhoods when winter storms come. Most homeowners policies do...
Allstate Agents Petition IRS for Review of Independent Contractor Status
Oct 8 2009 // The National Association of Professional Allstate Agents (NAPAA) has published and is distributing a petition to the Internal Revenue Service, written by an unidentified Allstate agent, questioning whether Allstate has...
Allstate to Stop Paying Living Expenses for Some Louisiana Customers
Sep 25 2009 // Allstate Insurance will no longer pay emergency living expenses for about 16,000 of its coastal homeowners in Louisiana who have wind and hail coverage through another carrier. The change affects about 10 percent of...
Newest Florida Carrier, Prepared Insurance, Targets ‘Older’ Homes
Sep 23 2009 // Florida has given the go-ahead to a new homeowners insurance company that plans to focus on what it says is the underserved market of homes built before 2002. Prepared Insurance Co., headquartered in Tampa, intends to use...
Allstate to Close Mississippi Claims Office; Employees Offered Transfers
Jul 24 2009 // Allstate Insurance will close its Mississippi phone-claims center by Oct. 30, eliminating 63 local jobs. The claims center in Ridgeland has been in operation for about 30 years. Allstate spokesman Mike Siemienas says 33...
Ratings Roundup: Castle Key, Preferred Contractors
Jul 16 2009 // A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘B-‘ (Fair) from ‘B+’ (Good) and issuer credit ratings (ICR) to “bb-” from “bbb-” of Castle Key Group and...
Allstate Floridian Changes Name to Castle Key
Jul 6 2009 // Allstate Floridian Insurance Co. and Allstate Floridian Indemnity Co., property insurance subsidiaries of Allstate Insurance Co., have changed their names to Castle Key Insurance Co. and Castle Key Indemnity Co.,...
Florida Welcoming New Latin Independent Agents, While Still Coping with Old Market Problems
Jun 15 2009 // LAAIA Chief Says Property Markets Will Be a Problem in South Florida Until There’s a National Plan Being an independent agent in south Florida means never having enough property markets. That was true years ago and...
Supreme Court Nominee Sotomayor Shows Record of Favoring Insurers
Jun 15 2009 // Philadelphia-Based Insurance Attorney Finds Rulings to be ‘Very Insurer-Friendly’ The Supreme Court almost never takes up insurance related cases. Even so, President Obama’s recent Supreme Court...
Direct Writers Continue Battle for Massachusetts Auto Market
Jun 1 2009 // Allstate Announces Plan to Begin Writing After Generation-Long Hiatus Direct writers continue to target the Massachusetts personal auto insurance market, as one major national carrier announced it has written its first...
Supreme Court Nominee Sotomayor Shows Record of Favoring Insurers
Jun 1 2009 // The Supreme Court almost never takes up insurance related cases. Even so, President Obama’s recent nominee brings a long record of decisions favoring insurers, a possible plus for the insurance industry, said...
Allstate Opens Offices Across the West
Jun 1 2009 // Independent insurance agents in the West may soon see more competition. Allstate Insurance Co. announced it is expanding its presence in the West, by opening 10 offices in Nevada, 10 offices in New Mexico, 20 offices in...
Coastal Insureds, Insurers Brace for Start of New Hurricane Season
Jun 1 2009 // As the 2009 hurricane season arrives, many homeowners are finding insurance is either more expensive, or harder to get. Homeowners from New York to Florida and in the Gulf Coast region are again seeing premiums rise and...
Allstate Opens Offices Across the West
May 26 2009 // Independent agents in the West may soon see more competition. Allstate Insurance Co. announced it is expanding its presence in the West, by opening 10 offices in Nevada, 10 offices in New Mexico, 20 offices in Arizona and...
AIG CEO, Chairman Liddy Calls It Quits; Search On for 2 Replacements
May 21 2009 // American International Group, Inc. (AIG) announced today that Chairman and Chief Executive Officer Edward M. Liddy intends to step down once the board finds replacements for him. Liddy has recommended that the chairman and...
Allstate Declines TARP Bailout Funds
May 19 2009 // Allstate Corp., the largest publicly-traded U.S. home and auto insurer, said it will not take funds from the government’s Troubled Asset Relief Program, after winning eligibility last week to do so. Chief Executive...
Direct Writers Continue Battle for Massachusetts Auto Market
May 19 2009 // Direct writers continue to target the Massachusetts personal auto insurance market, as one major national carrier announced it has written its first policy in the state and another says it will begin writing direct in...
