Latest Allstate Headlines

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

Allstate Readies Homeowners Product for More States

Feb 7 2012 // Look for Allstate to roll out a new homeowners product in phases to additional states through 2014.The insurer launched its new homeowners product, House & Home, in Oklahoma in October 2011. It offered new discounts...

Allstate Doubles Q4 Profit

Feb 2 2012 // Allstate Corp. reported that its profit more than doubled in the fourth quarter thanks to lower catastrophe losses and improved homeowners business.The big insurance company posted a fourth quarter net profit of $724...

Maryland High Court Sides With Allstate in Coastal Homeowners Case

Jan 31 2012 // The Maryland Court of Appeals, the state’s highest court, ruled in favor of Allstate last week. It upheld a previous lower court’s ruling that the insurer was within its rights to stop writing new homeowners...

Allstate Wants a Rate Increase in Louisiana

Jan 25 2012 // Allstate Corp. is asking to raise rates for 144,000 Louisiana homeowners who get their insurance coverage from two Allstate companies.According to the state insurance department, Northbrook, Ill.-based Allstate wants an...

Allstate Revises Agent Compensation Plan

Jan 23 2012 // Allstate’s captive agents have been spared part of a planned cut in their commissions as the insurer has revised its compensation strategy.The insurer said it would cut its base commission to its agents to 9 percent...

N.J. Court Rules for Allstate in Agency Lawsuits

Jan 23 2012 // Allstate said the Superior Court of New Jersey has entered judgment in favor of Allstate New Jersey Insurance Company, a unit of Allstate Insurance Company, and dismissed claims in the franchise lawsuits filed against...

Allstate Revises Agent Compensation Plan

Jan 9 2012 // Allstate’s captive agents have been spared part of a planned cut in their commissions as the insurer has revised its compensation strategy.The Illinois-based insurer confirmed that it would cut its base commission to...

N.J. Court Rules in Favor of Allstate in Agency Franchise Lawsuits

Jan 7 2012 // Allstate announced on Friday that the Superior Court of New Jersey has entered judgment in favor of Allstate New Jersey Insurance Company, a wholly owned subsidiary of Allstate Insurance Company, and dismissed all claims...

Allstate Files $1.1M Fraud Case Against N.Y. Chiropractor Businesses

Jan 5 2012 // Allstate Insurance is seeking to recover more than $1.1 million from 16 New York-area defendants.According to its federal complaint filed last week, the insurer alleges that a chiropractor, together with one layperson and...

Allstate Offers Claim Satisfaction Guarantee

Jan 3 2012 // Allstate has decided to expand a claims guarantee to their auto insurance customers that will provide a credit to their auto policies if they are not satisfied with their auto claims service.The claim satisfaction...

Allstate Revises Agent Compensation Plan

Dec 27 2011 // Allstate’s captive agents have been spared part of a planned cut in their commissions as the insurer has revised its compensation strategy.The Illinois-based insurer confirmed that it would cut its base commission to...

Esurance Debuts First Ad Campaign Since Being Bought by Allstate

Dec 22 2011 // Esurance, the onlinel car insurance company now owned by Allstate, has launched a new ad campaign around the concept, “Insurance for the Modern World.The campaign – which includes television, cinema, in-flight,...

Sex, Dogs and Heads That Rolled Among Top Insurance Journal News Stories in 2011

Dec 22 2011 // In 2011, Insurance Journal.com brought readers news on everything from dog bites to major catastrophes, including news on courts, legislation, regulations, politics, acquisitions, bankruptcies, markets, rates, products and...

Allstate Files $6.3M Insurance Fraud Case Against 83 N.Y. Defendants

Dec 22 2011 // Allstate Insurance Company is seeking to recover $6.3 million against 83 New York area defendants in its seventh insurance fraud lawsuit of 2011.The complaint, filed under the Racketeer Influenced and Corrupt Organizations...

Allstate Rates for Texas Homeowners Could Go Up

Dec 19 2011 // Allstate Insurance has asked Texas regulators to allow the company to raise homeowner rates by nearly 10 percent for some customers.Allstate spokesman Joe McCormick told the Dallas Morning News that the industry is...

All in the Family

Dec 16 2011 // Bryan Hanes grew up in the family business listening to stories about life in a small town. He heard his grandfather and then father sharing cheerful conversations with local towns folk about personal relationships, local...

Allstate Bundles Home Policies with Auto Policies in North Carolina

Dec 5 2011 // Allstate Insurance Co. has informed 45,000 homeowners in North Carolina that it will not renew their home policies unless they also purchase commercial or private auto insurance from the insurer by Dec. 15.Allstate...

Allstate Drops North Carolina Homeowners Who Insure Autos Elsewhere

Nov 22 2011 // Some North Carolina residents who insure their residences through Allstate are finding themselves dropped by the company for refusing to bundle their home and auto coverage.Allstate Insurance Co. has informed 45,000...

Allstate Announces $1 Billion Share Buyback Plan

Nov 10 2011 // Allstate Corp.’s board of directors has approved a new $1 billion share repurchase program.The Northbrook, Illinois-based company will issue a combination of preferred stock and senior unsecured notes totaling $1.25...

Business Moves

Nov 7 2011 // The Doctors Co., FPICMedical liability insurer The Doctors Co. completed its previously-announced acquisition of FPIC Insurance Group Inc., a major provider of health care liability insurance in Florida, Texas, Georgia and...