All the headlines from our Allstate Topic Page, ordered by recency.
Apr 18 2011 // Allstate Insurance says it wants to open nearly 50 new agency offices in Florida. About half of those openings will be in north Florida, the company said.“North Florida has shown incredible growth for our...
Apr 13 2011 // Mississippi Insurance Commissioner Mike Chaney has agreed to let Allstate Property and Casualty Co. increase homeowner insurance rates 19.4 percent in the state.Chaney said that Allstate was threatening to drop 18,000...
Apr 7 2011 // Allstate Insurance says it wants to open nearly 50 new agency offices in Florida. About half of those openings will be in north Florida, the company said.“North Florida has shown incredible growth for our...
Apr 4 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...
Mar 16 2011 // Allstate has launched a recruitment campaign across the West, seeking 15 exclusive agents in New Mexico, 34 in Arizona, 19 in Nevada and 20 in Utah.In New Mexico, targeted areas for agents include Albuquerque, Santa Fe and...
Mar 1 2011 // Allstate Corp. on Monday sued Credit Suisse Group AG, accusing the Swiss bank of causing losses by hiding the risks on $232 million of mortgage securities it bought.Allstate, the largest publicly traded U.S. home and auto...
Feb 23 2011 // Allstate Insurance Co. announced it plans to add 120 new agency owners in California during 2011, in an “aggressive recruiting campaign” in the state. Allstate signed on 44 new California “exclusive...
Feb 22 2011 // Allstate Corp. sued Citigroup Inc. and Deutsche Bank AG, accusing the banks of causing losses by hiding the risks on more than $385 million of mortgage securities it bought.Allstate, the largest publicly traded U.S. home...
Feb 21 2011 // Allstate Exits Banking“Allstate Financial has refocused on insurance, retirement and investment products. That, combined with the changing regulatory environment, led us to the determination that operating Allstate...
Feb 21 2011 // The Allstate Corp., the nation’s largest publicly held personal lines insurer, is getting out of the banking business.Discover Bank, a division of Discover Financial Services, is purchasing the $1.1 billion deposits...
Feb 17 2011 // Allstate Corp. sued JPMorgan Chase & Co. on Wednesday to recover losses after the bank allegedly misrepresented the risks on more than $757 million of mortgage securities the insurer bought.The lawsuit against the...
Feb 11 2011 // Standard & Poor’s Ratings Services announced that its ratings on Allstate Corp. (A-/Stable/A-2) and its operating subsidiaries “are not affected by the announcement that Allstate is exiting the banking...
Feb 10 2011 // To increase presence in the Colorado marketplace, Allstate Insurance Co. announced it plans to appoint 54 Colorado agency owners by the end of 2011. Allstate’s new and existing agencies in the state will also hire...
Feb 10 2011 // Allstate Insurance net income fell 43 percent in the fourth quarter as rising claims from auto insurance customers and catastrophes took their toll.Allstate’s fourth quarter 2010 net profit was $296 million compared...
Feb 9 2011 // The Allstate Corp., the nation’s largest publicly held personal lines insurer, is getting out of the banking business.Discover Bank, a division of Discover Financial Services, is purchasing the $1.1 billion deposits...
Jan 24 2011 // A.M. Best Co. has commented that the financial strength rating of ‘A+’ (Superior) and issuer credit rating of “aa-” of Iowa-based Berkley National Insurance Company are unchanged following internal...
Jan 24 2011 // Allstate Insurance has agreed to stop selling its “Your Choice Auto” (YCA) insurance program in California, in response to a challenge brought by the nonprofit Consumer Watchdog. The insurer has stopped issuing...
Jan 11 2011 // Allstate Insurance has agreed to stop selling “Your Choice Auto” (YCA) insurance program in California, in response to a challenge brought by the nonprofit Consumer Watchdog. The company has stopped issuing new...
Dec 29 2010 // Allstate has filed its seventh lawsuit this year against what it says are medical corporations committing fraud in New York State.The $1.9 million suit claims that three medical corporations in the state were owned and...
Dec 28 2010 // A.M. Best Co. has affirmed the financial strength rating of ‘A+’ (Superior) and issuer credit ratings of “aa” of Allianz Global Corporate & Specialty North America (AGCS NA), which includes...