All the headlines from our Allstate Topic Page, ordered by recency.
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...
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 losses.Allstate...
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...
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...
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...
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 to...
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...
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...
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...
Jul 18 2011 // Esurance, Security FirstEsurance, 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...
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...
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...
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...
Jun 24 2011 // Allstate Insurance is seeking to recover more than $1 million against 10 New York area defendants it alleges filed fraudulent claims for psychological services.The lawsuit seeks reimbursement for personal injury protection...
Jun 16 2011 // Allstate Corp., the largest publicly traded U.S. home and auto insurer, said it lost $2 billion in April and May from severe tornadoes and thunderstorms, nearly equaling its catastrophe losses for all of 2010.The...
Jun 1 2011 // Angelo Mozilo, the former Countrywide Financial Corp. chief executive, urged a federal judge to throw out Allstate Corp.’s lawsuit seeking to hold him responsible for losses on toxic mortgage debt it bought.The...
May 23 2011 // Allstate Insurance Corp.’s plan to buy Esurance Insurance Group is being viewed positively by a key ratings analyst.A.M. Best Co. placed the financial strength rating of A- (Excellent) and issuer credit ratings of...
May 18 2011 // In a bid to capture more business from customers who shop online, giant Allstate Corp. has agreed to pay $1 billion to buy two popular online insurance sellers — Esurance and the associated site, Answer...
May 12 2011 // The Allstate Corp. today announced $1.4 billion in estimated catastrophe losses for the month of April.The estimated April catastrophe losses total about $1.37 billion for the Allstate brand and about $30 million for...
Apr 28 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...