Allstate News
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Allstate Introduces Large Language Model, ALLIE
Aug 7 2026 // Allstate CEO Tom Wilson said the insurer has a “technology-drive strategy, not a strategy supported by technology.” Allstate CEO Tom Wilson And the next step in the strategy is the build of ALLIE –...
Allstate Q2 Net Income Jumps 56% on Underwriting
Aug 6 2026 // Allstate Corp. second quarter 2026 net income applicable to common shareholders shot up nearly 56% with underwriting income up 56.7% during the period. Net income was about $3.2 billion for Q2 versus $about $2.1 billion...
Allstate’s $1.7M RICO Claims Fraud Suit Merits Trial, Not Arbitration: NJ High Court
Jul 21 2026 // New Jersey’s high court has ruled that Allstate Insurance has a right to a jury trial for its fraud and conspiracy claims brought against more than 30 medical providers under the state’s Insurance Fraud...
Allstate Sued by Oklahoma for Alleged Scheme to Underpay Claims
Jul 8 2026 // Oklahoma’s attorney general sued Allstate Corp., alleging the insurer schemed to minimize payouts to homeowners for wind and hailstorm damage in order to boost its profits. The state’s top lawyer, Gentner...
Allstate’s SquareTrade Europe Launches Licensed Insurer Headquartered in Brussels
Jul 6 2026 // SquareTrade Europe, an Allstate company, has launched a new licensed insurer, SquareTrade Europe Insurance, headquartered in Brussels. SquareTrade said the move will strengthen its ability to design, launch and scale...
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