Latest Allstate Headlines

All the headlines from our Allstate Topic Page, ordered by recency.

Allstate Plans to Hire New Agents in Penn., Conn., Maine, R.I., N.H.

Sep 30 2013 // Allstate Insurance Company announced last week that the company is planning to hire new insurance agents in Pennsylvania, Connecticut, Maine, Rhode Island and New Hampshire. The insurer would hire approximately 455 new...

Allstate Wins $7.7M Insurance Fraud Lawsuit in California

Sep 27 2013 // A Los Angeles County Superior Court has ruled in favor of Allstate Insurance Co. and the State of California in a lawsuit topping $7 million over fraudulent business and billing schemes by unlicensed medical and...

Allstate: Usage-Based Insurance Delivering Savings to 7 Out of 10

Sep 23 2013 // Allstate reports that drivers that are signed up for its usage-based insurance program, Drivewise, will register more than one billion miles driven this month.Allstate also said that Drivewise is launching in Kentucky and...

Florida Says Former Allstate Employee Diverted Claims Payments

Sep 19 2013 // Yarden Lee Bracero, 39, a former Allstate employee in Jacksonville has been convicted of diverting insurance claims payments for her own personal use, according to Florida Chief Financial Officer Jeff Atwater.Bracero...

Allstate Wins Major Medical Fraud Lawsuit in Nevada

Sep 18 2013 // Allstate Insurance Co. received a judgment of more than $7 million following a Racketeering Influenced in Corrupt Organizations investigation nearly 10 years in the making.It is the company’s first medical fraud...

Allstate Says Usage-Based Insurance Delivering Savings to 7 Out of 10

Sep 16 2013 // Allstate reports that drivers that are signed up for its usage-based insurance program, Drivewise, will register more than one billion miles driven this month.Allstate also said that Drivewise is launching in Kentucky and...

Allstate CEO Says GEICO Could Strugggle with Storefront Strategy

Sep 10 2013 // Allstate Corp. Chief Executive Officer Tom Wilson, whose company lost car insurance market share in the last three years, said competitor Geico could struggle to expand sales as it seeks to sell more policies at...

Brownsville Remains Texas’ Safest Driving City

Sep 4 2013 // Brownsville drivers are among the best in the country. The Allstate Insurance Company’ ninth annual “Allstate America’s Best Drivers Report” lists America’s 200 largest cities in terms of car...

Cities, States with Best Drivers: Allstate

Aug 27 2013 // Drivers in Washington, D.C. are the most accident-prone of any U.S. city, again placing at the bottom of an annual ranking by Allstate Corp.Motorists in the nation’s capital get in a collision every 4.8 years, more...

Mass. Division of Insurance Approves 2 New Entrants to State’s Auto Insurance Market

Aug 20 2013 // The Massachusetts Division of Insurance announced that Privilege Underwriters Reciprocal Exchange (PURE) and Esurance automobile insurance are now available for Massachusetts consumers.The Division of Insurance said that...

August 10 Is Texas’ Top Day for Home Burglary Claims: Allstate

Aug 9 2013 // More Texans file home burglary insurance claims on August 10 than any other day – according to a recent review by Allstate Insurance Co. Police say electronics, jewelry and cash are top targets during break-ins and...

Allstate’s Investments Up, Disaster Costs Down in Q2

Aug 1 2013 // Allstate Corp., the largest publicly traded U.S. auto and home insurer, said second-quarter profit climbed on investment gains and reduced costs tied to natural disasters.Net income climbed 2.6 percent to $434 million, or...

Allstate Selling Life Business to London Group

Jul 18 2013 // Clive Cowdery, who earned a fortune cutting deals that consolidated the U.K. life insurance industry, is making a foray into the U.S. by buying a business from Allstate Corp. for $600 million (394 million...

Allstate Says Book Value to Rise on Cut in Employees’ Retirement Benefits

Jul 16 2013 // Allstate Corp., the largest publicly traded U.S. home and auto insurer, said it’s cutting some retirement benefits for employees in a move that will increase book value by a range of $1.70 to $2 a share.The...

‘Mayhem’ Outspends ‘Good Neighbor’ in Advertising: SNL

Jul 1 2013 // Allstate’s “Mayhem” trumped State Farm Mutual’s the “Good Neighbor” in advertising dollars in 2012.According to an analysis by SNL Financial, Allstate’s ad spend increased 14.8...

Allstate: Profit to Be Cut by $320 Million on Retiring Debt

Jun 24 2013 // Allstate Corp., the largest publicly traded U.S. home and auto insurer, said second-quarter earnings will be cut by about $320 million on costs tied to extinguishing debt. Allstate paid about $2.3 billion to retire bonds...

‘Mayhem’ Outspending ‘Good Neighbor’ in P/C Insurance Advertising: SNL

Jun 13 2013 // Allstate’s “Mayhem” trumped State Farm Mutual’s the “Good Neighbor” in advertising dollars in 2012. According to an analysis by SNL Financial, Allstate’s ad spend increased 14.8...

Allstate Appoints Sedillo as Chief Executive of Texas Operations

Jun 4 2013 // The Allstate Insurance Company has named Larry Sedillo field senior vice president for the company’s Texas region, where he will lead business operations.Being appointed to this top spot in Texas has special meaning...

Allstate, Citigroup Settle Mortgage Securities Lawsuit

May 30 2013 // Allstate Corp. and Citigroup Inc. agreed to settle a lawsuit filed by the insurer in New York state court accusing the bank of fraudulently selling hundreds of millions of dollars of mortgage-backed securities.Allstate,...

S&P Updates Allstate and Subs Ratings; Outlook Revised to Stable from Negative

May 29 2013 // Standard & Poor’s Rating Services announced that it has completed a review of Allstate Corp. and, under its revised insurance criteria, has affirmed the ‘A-‘ issuer credit rating on the holding...