State Farm Will Start Hiking Auto Rates, Allstate CEO Predicts December 9, 2022 By Susanne Sclafane Allstate’s chief executive officer said his company will likely continue pushing for auto insurance rate hikes next year, and he...
Auto Loss Costs Not Coming Down; Bigger Rate Hikes Ahead: Allstate CEO September 20, 2022 Higher auto loss costs are here to stay, according to the leader of Allstate, who also said that his company...
Allstate Outlines ‘Surgical’ Auto Rate Hikes to Combat Inflation May 6, 2022 By Chad Hemenway Rate increases in Allstate’s auto insurance business are in integral part of the insurer’s overall plan to address the impact...
Allstate Q1 Net Income Returns to Black Despite Adverse Auto Results May 4, 2022 By Chad Hemenway First quarter 2022 insurance premiums earned grew 6.5% to about $11 billion at Allstate Corp., as net income was $630...
Integro Acquires UK’s Kite Warren & Wilson, Marine Broker Specialist May 15, 2015 Integro Ltd., an insurance brokerage and risk management firm based in New York City, has acquired London-based Kite Warren &...
Allstate CEO Says GEICO Could Strugggle with Storefront Strategy September 10, 2013 Allstate Corp. Chief Executive Officer Tom Wilson, whose company lost car insurance market share in the last three years, said...
Allstate Reports Higher Q3 Profit; Expects ‘Significant But Not Material’ Sandy Losses November 1, 2012 Home and auto insurer Allstate Corp. reported a larger profit for the third quarter on a decline in disaster losses...
Allstate Agents Hope Unionization Sparks Changes at Insurer July 26, 2011 By Andrew G. Simpson Some unhappy Allstate Insurance agents who say the insurer controls them like employees even though they are independent contractors are...