Latest Allstate Headlines
All the headlines from our Allstate Topic Page, ordered by recency.
Allstate Sues Former Agent Over EA Agreement in Mass. Federal Court
Oct 31 2017 // Allstate is suing one of its former agents in United States District Court for the District of Massachusetts, alleging the agent breached a one-year non-compete clause by misusing Allstate’s confidential information...
Northern California Wildfires: Insurance Industry Ready to Assist With ‘Massive’ Recovery
Oct 20 2017 // Rebuilding the Northern California areas devastated by wildfire will be a long-term effort, and insurers say they will be there to help their affected policyholders get back on their feet. Tens of thousands of evacuees...
With Hurricane Losses Insurers Downgrade Anticipated Profit Goals
Oct 2 2017 // Allstate expects insurance losses of about $593 million for August mainly due to Hurricane Harvey, which left a path of destruction along the Gulf Coast. The initial accounting follows warnings from other insurers that are...
Allstate Would Consider Selling Private Flood Insurance If Federal Program Is Revamped
Sep 21 2017 // Allstate Corp.’s Chief Executive Officer Tom Wilson on Tuesday called on U.S. lawmakers to overhaul a government subsidized flood insurance program, calling for a more streamlined system that does not overburden...
Allstate To Create 2,250 Jobs With North Carolina Expansion
Aug 21 2017 // Allstate Insurance Co. plans to more than double its North Carolina workforce by expanding in the Charlotte area, creating 2,250 new jobs by 2020. Gov. Roy Cooper and leaders of the nation’s largest publicly-traded...
Ex-Esurance Worker in South Dakota Sues Over Alleged Discrimination
Aug 18 2017 // A former Esurance call center worker in South Dakota is suing the insurance company alleging discrimination and harassment because he’s Jewish. The Argus Leader reports that Brandon Marshall filed the federal lawsuit...
Allstate To Create 2,250 Jobs With North Carolina Expansion
Aug 11 2017 // Allstate Insurance Co. plans to more than double its North Carolina workforce by expanding in the Charlotte area, creating 2,250 new jobs by 2020. On Wednesday, Gov. Roy Cooper and leaders of the nation’s largest...
Allstate Doubles Q2 Profit
Aug 2 2017 // Allstate saw its profit more than double thanks to increased premiums, strong investment results and lower auto insurance claims frequency. Net income was $550 million for the second quarter of 2017 compared to $242...
Allstate’s Kennelly Joins Hub International as Head of Human Resources
Jul 25 2017 // Chicago-based global insurance brokerage Hub International Limited (Hub) has appointed Amber Kennelly chief human resources officer. Kennelly will be responsible for all HUB human resource strategic initiatives including...
Answer Financial Expands Insurance Comparison Site Into Homeowners Segment
Jul 25 2017 // Answer Financial, a personal lines insurance agency in the U.S., has expanded its insurance comparison platform to include homeowners and condo insurance. The expansion enables shoppers to compare rates and customize...
Esurance Co-Founder Wallace Joins Crowdsourced Insurer Reviewer Clearsurance
Jul 13 2017 // Esurance co-founder and former executive Chuck Wallace has joined Clearsurance, a crowdsourced review and ratings platform for the insurance industry, as an independent director. Wallace has held senior operating roles in...
Allstate’s Encompass Insurance to Exit Massachusetts This Summer
Jun 5 2017 // Encompass Insurance, an Allstate Insurance company that sells business through independent agents, outlined in its first quarter 2017 earnings release its intent to withdraw from Massachusetts starting in late June as part...
Allstate’s Encompass Insurance to Exit Massachusetts This Summer
May 11 2017 // Encompass Insurance, an Allstate Insurance company that sells business through independent agents, outlined in its first quarter 2017 earnings news release its intent to withdraw from Massachusetts as part of its profit...
Allstate’s Sadler Moves to Answer Financial as Director of Carrier Relations
May 5 2017 // Jeff Sadler has joined online insurance agency Answer Financial as director of Carrier Relations. Sadler will oversee strengthening the agency’s carrier platform to meet the needs of its growing customer base. He...
Allstate Q1 Profit Way Up as Auto Line Improves
May 3 2017 // Allstate saw its first quarter profit take a big jump this year to $666 million, up from the $217 million reported for the first quarter of 2016. Total revenue of $9.4 billion in the first quarter of 2017 increased by 6.3...
Allstate’s Catastrophe Losses Topped $780 Million in Q1
Apr 20 2017 // The Allstate Corp. announced estimated catastrophe losses for the month of March 2017 of $516 million, pre-tax ($335 million after-tax), and an estimated $781 million, pre-tax ($508 million after-tax), for first quarter...
Allstate Joins Firms Pulling Ads from ‘O’Reilly Factor’
Apr 5 2017 // More companies, including carmaker BMW and insurer Allstate, have pulled their advertising from Fox News’ “The O’Reilly Factor” television program days after the New York Times reported Fox and star...
Esurance Lays Off 30 Workers in South Dakota
Mar 31 2017 // About 30 Esurance employees in Sioux Falls have lost their jobs as part of cuts within the insurance company. The Argus Leader reports that has Esurance cut 100 jobs, mostly in Sioux Falls and in two California locations....
Allstate Ranks Collin, Smith as Texas’ Stormiest Counties
Mar 28 2017 // Storms in Texas affected more Allstate insured homes in Collin County than any other part of the state over the past five years, while Smith County saw the highest frequency of lightning, the company says. Allstate...
Fraud Investigations in Washington Lead to 2 Guilty, 2 Charged
Mar 9 2017 // Two people were found guilty of felonies and two others were charged in connection with insurance fraud investigations in Washington by Insurance Commissioner Mike Kreidler’s criminal investigations unit. Alhagie...
