Latest Allstate Headlines
All the headlines from our Allstate Topic Page, ordered by recency.
Allstate Dropping Appeal of Calif. Auto Rate Cuts
Jun 20 2008 // Insurer Allstate Corp said it has dropped its bid to fight a reduction on auto policy rates imposed earlier this year by California’s insurance regulator. An Allstate spokesman, in an e-mailed statement, said the...
Update: 2 Insurers to Pick up State Farm’s Non-renewals
Jun 16 2008 // Nationwide and Allstate will insure homes along the Mississippi coast where the current insurer decided not to renew policies, officials said. The State Farm Insurance action involves 892 policies within 1,000 feet of...
Auto Insurers Seek to Attract Latinos
Jun 16 2008 // Majority of Advertising Appearing in Spanish-Language Media Automobile insurers are hungering for the Hispanic market’s premium dollars, according to a report by Hispanic Market Weekly that analyzed marketing and...
Florida Lifts Allstate Suspension
Jun 2 2008 // Florida Insurance Commissioner Kevin McCarty has lifted the suspension of the Allstate Companies’ licenses to sell new business in the state. McCarty said the decision came after Allstate submitted an affidavit...
Allstate: Nearly 40% of Houstonians Won’t Evacuate
Jun 2 2008 // Thirty-nine percent of Harris County, Texas, and surrounding area residents won’t evacuate if a major hurricane was heading for Houston if the results from a survey by Allstate Insurance Company hold true. Among...
Auto Insurers Seek to Attract Latinos
Jun 2 2008 // Majority of advertising appearing in Spanish language media Automobile insurers are hungering for the Hispanic market’s premium dollars, according to a new report by Hispanic Market Weekly that analyzed marketing and...
Business Moves
Jun 2 2008 // Areté Partners Ronald J. Leston, broker, financial planner and benefits/retirement consultant, announced the launch of Areté Partners LLC, a Denver-based management and human capital consultancy that will offer insurance...
Oregon Collision Shops Give State Farm High Customer Service Marks
May 27 2008 // State Farm and several smaller Northwest-based auto insurers continue to be among the best at taking care of their customers after an accident. And some of the other larger, best-known insurers –including...
Solera National Bank, Allstate Enter Partnership
May 20 2008 // Solera National Bank, a wholly-owned subsidiary of Solera National Bancorp Inc. has announced a a strategic partnership with James Muniz, Exclusive Agent for Allstate Insurance Co., whereby Allstate will establish a...
Allstate to Begin Homeowners Rate Reductions, Refunds in Texas
May 19 2008 // As a result of an agreement reached by the Texas Department of Insurance, the Office of Public Insurance Counsel and Allstate Texas Lloyd’s, the company will soon begin reducing its homeowners rates and provide...
Florida Regulator Lifts Allstate Suspension; Continuing Compliance Required
May 16 2008 // Florida Insurance Commissioner Kevin McCarty ordered a stay of the suspension of the Allstate Companies’ licenses to sell new business in the state. McCarty’s decision comes as the result of Allstate’s...
Ratings Roundup: AIG-Equity, MBIA, Great Lakes, Country-Wide, Infinity, Allstate, Farmers Mutual (Nebr.)
May 15 2008 // Standard & Poor’s Ratings Services has assigned its ‘A’ junior subordinated debt rating to American International Group Inc.’s $5 billion of equity units. S&P also said it has...
Florida Court Denies Allstate Rehearing; Business Ban in Force
May 14 2008 // Florida’s First District Court of Appeals fired the latest volley in an ongoing saga between Allstate Insurance and the Office of Insurance Regulation, re-suspending the insurer from writing new business in...
Texas, Allstate Reach Agreement on Homeowners Reductions, Refunds
May 12 2008 // The Texas Department of Insurance (TDI), the Office of Public Insurance Counsel (OPIC) and Allstate Texas Lloyd’s (Allstate) have reached agreement to settle all outstanding litigation with respect to homeowners...
Court Denies Allstate’s Request to Avoid Rate Decrease
May 5 2008 // A San Francisco judge has refused Allstate’s request to block a 15.9 percent automobile insurance rate decrease. Thus, the California Department of Insurance said the rate decrease should take effect immediately, and...
Allstate to Comply with Order to Lower Calif. Auto Rates by 15.9%
May 1 2008 // California automobile insurance units of Allstate Corp. will lower rates by 15.9 percent by a May 12 deadline, complying with an order by the state’s insurance regulator that it had challenged, a company spokesman...
California Court Denies Allstate’s Request to Avoid $250 Million Rate Reduction
Apr 25 2008 // A San Francisco judge has refused Allstate’s request to block a 15.9 percent automobile insurance rate decrease. According to the California Department of Insurance, the rate decrease should take effect immediately,...
Update: Florida Court Says Allstate Ruling was Premature
Apr 24 2008 // A Florida court said Tuesday it rescinded a decision in the state’s case against Allstate Floridian Insurance Company because the order was released prematurely in violation of its own operating procedures. The order...
Allstate’s Profit Drops 77% in 1Q
Apr 24 2008 // Allstate Corp. said Wednesday that first-quarter net income dropped 77 percent, hurt by write-downs in its investments and larger-than-expected catastrophe losses. The insurer said it had to write down the value of...
Court Mistake Keeps Allstate in Business in Florida
Apr 23 2008 // Allstate’s 1,100 insurance agents in Florida are still in business, thanks to a mistake Monday by a Florida appeals court. Less than an hour after issuing an order denying Allstate’s appeal of a state-ordered...
