Latest Allstate Headlines
All the headlines from our Allstate Topic Page, ordered by recency.
Allstate Reports $500M in Losses from Hurricane Irene
Sep 15 2011 // Allstate Corp. lost $500 million on Hurricane Irene, the largest publicly traded home and auto insurer in the United States said Thursday, much less than it lost from tornadoes earlier this year. In total, Allstate said...
Ealy In, Young Out as President of Encompass
Sep 5 2011 // Encompass Insurance, the independent agency unit of Allstate Insurance Co., will have a new president on Sept. 12. Thomas V. Ealy will replace Cynthia Young, who has left the company. Encompass, which sells home and auto...
Home Insurers in Georgia Seek Rate Hikes
Aug 31 2011 // A year after most Georgia insurers increased homeowners premiums by 9 to 23 percent, a new wave of increase requests is pending. State Farm, Georgia’s largest writer of homeowners policies, is seeking a 7 percent...
Ealy In, Young Out as President at Allstate’s Encompass
Aug 25 2011 // Allstate Insurance Co. said Thomas V. Ealy will become president of its independent agency unit, Encompass Insurance, on Sept. 12. Ealy will replace Cynthia Young, president since 2006, who has left the company. Encompass,...
Allstate Files $5 Million Insurance Fraud Case in New York
Aug 24 2011 // Allstate Insurance Company is seeking to recover $5 million against 10 New York area defendants in its fourth insurance fraud lawsuit of 2011. Since 2003, Allstate has filed 31 fraud lawsuits in New York State, seeking...
Allstate Launches Identity Theft Coverage in Calif.
Aug 23 2011 // Approximately 9 million Americans annually are victims of identity theft, spending millions of hours resolving problems associated with having their identity stolen. Allstate Insurance Co. has launched identity theft...
Group of Allstate Agents Votes to Unionize
Aug 18 2011 // A group of Allstate agents who say the insurer controls them like employees rather than as independent contractors voted to affiliate with a union — a move the agents hope will help dissolve some of their concerns...
Allstate Sues Goldman Sachs Over Toxic Mortgage Securities
Aug 17 2011 // Allstate Corp. is suing Goldman Sachs Group Inc., saying more than $122 million in mortgage-backed securities the insurance company bought beginning in 2006 were fraudulent. Allstate said in a statement that it filed the...
Allstate Reports High Catastrophe Losses, Increased Revenues for Q2
Aug 1 2011 // Allstate Corp. reported improved underlying profitability across all business lines for the second quarter quarter, but those gains were more than offset by $2.3 billion in record second quarter catastrophe...
People
Aug 1 2011 // Wholesale insurance broker AmWINS Group Inc. is expanding its operations with a new office location in Morehead City, North Carolina. Karen G. Toler, formerly of Burns & Wilcox, has joined AmWINS to lead this new...
Double Digit Rate Hikes for Allstate in Florida
Aug 1 2011 // Florida’s consumer advocate says Allstate’s two Florida home insurers are among the state’s best run and deserve double-digit rate increases along the lines they have requested. The Allstate units, Castle...
Allstate Agents Hope Unionization Sparks Changes at Insurer
Aug 1 2011 // Some unhappy Allstate Insurance agents who say the insurer controls them like employees even though they are independent contractors are moving to affiliate with a union. The National Association of Professional Allstate...
Allstate Urging Texas Agency Owners to Boost Hiring of Sales Professionals
Jul 27 2011 // Allstate Insurance agency owners across Texas are planning to hire at least 350 licensed sales professionals by the end of the year, the company announced. Allstate is encouraging its 1,000 plus agency owners to continue...
Allstate Agents Hope Unionization Sparks Changes at Insurer
Jul 26 2011 // Some unhappy Allstate Insurance agents who say the insurer controls them like employees even though they are independent contractors are moving to affiliate with a union. The National Association of Professional Allstate...
Florida Consumer Chief Backs Double-Digit Hikes for Allstate
Jul 22 2011 // Florida’s consumer advocate says Allstate’s two Florida home insurers are among the state’s best run and deserve double-digit rate increases along the lines they have requested. The Allstate units, Castle...
President of Allstate Protection Unit Leaves
Jul 19 2011 // The Allstate Corp. said on July 18 that the president of its struggling Allstate Protection subsidiary was leaving the company immediately. After the announcement, Allstate’s shares fell more than 5 percent in midday...
Business Moves
Jul 18 2011 // Esurance, Security First Esurance, the online car insurance company, said that it is partnering with Security First Insurance Co. as an underwriter to offer homeowners insurance in Florida. The move comes a little more...
Allstate Q2 Catastrophe Losses Now at $2.3 Billion
Jul 13 2011 // The Allstate Corp. announced $0.3 billion, pre-tax, in estimated catastrophe losses for the month of June 2011. June catastrophe losses comprised 13 events. Allstate previously announced $2.0 billion in estimated pre-tax...
Allstate Seeks Double-Digit Home Insurance Hikes in Florida
Jun 28 2011 // Two subsidiaries of Allstate Insurance Company Florida are seeking homeowners rate increases worth more than $90 million. Castle Key Indemnity Co. is seeking a 36 percent statewide average rate increase and Castle Key...
Esurance, Security First to Sell Homeowners Insurance in Florida
Jun 28 2011 // Esurance, the online car insurance company, said that it is partnering with Security First Insurance Co. as an underwriter to offer homeowners insurance in Florida. The move comes a little more than a month after Allstate...
