Latest Allstate Headlines

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

Ratings Roundup: Castle Key, Preferred Contractors

Jul 16 2009 // A.M. Best Co. has downgraded the financial strength rating (FSR) to ‘B-‘ (Fair) from ‘B+’ (Good) and issuer credit ratings (ICR) to “bb-” from “bbb-” of Castle Key Group and...

Allstate Floridian Changes Name to Castle Key

Jul 6 2009 // Allstate Floridian Insurance Co. and Allstate Floridian Indemnity Co., property insurance subsidiaries of Allstate Insurance Co., have changed their names to Castle Key Insurance Co. and Castle Key Indemnity Co.,...

Florida Welcoming New Latin Independent Agents, While Still Coping with Old Market Problems

Jun 15 2009 // Being an independent agent in south Florida means never having enough property markets.That was true years ago and remains true today, according to a leader among south Florida agents, Joseph Mier, who is the incoming...

Supreme Court Nominee Sotomayor Shows Record of Favoring Insurers

Jun 15 2009 // The Supreme Court almost never takes up insurance related cases. Even so, President Obama’s recent Supreme Court nominee— federal appeals Judge Sonia Sotomayor — brings a long record of decisions favoring...

Direct Writers Continue Battle for Massachusetts Auto Market

Jun 1 2009 // Direct writers continue to target the Massachusetts personal auto insurance market, as one major national carrier announced it has written its first policy in the state and another says it will begin writing direct in...

Supreme Court Nominee Sotomayor Shows Record of Favoring Insurers

Jun 1 2009 // The Supreme Court almost never takes up insurance related cases. Even so, President Obama’s recent nominee brings a long record of decisions favoring insurers, a possible plus for the insurance industry, said...

Allstate Opens Offices Across the West

Jun 1 2009 // Independent insurance agents in the West may soon see more competition. Allstate Insurance Co. announced it is expanding its presence in the West, by opening 10 offices in Nevada, 10 offices in New Mexico, 20 offices in...

Coastal Insureds, Insurers Brace for Start of New Hurricane Season

Jun 1 2009 // As the 2009 hurricane season arrives, many homeowners are finding insurance is either more expensive, or harder to get.Homeowners from New York to Florida and in the Gulf Coast region are again seeing premiums rise and...

Allstate Opens Offices Across the West

May 26 2009 // Independent agents in the West may soon see more competition. Allstate Insurance Co. announced it is expanding its presence in the West, by opening 10 offices in Nevada, 10 offices in New Mexico, 20 offices in Arizona and...

AIG CEO, Chairman Liddy Calls It Quits; Search On for 2 Replacements

May 21 2009 // American International Group, Inc. (AIG) announced today that Chairman and Chief Executive Officer Edward M. Liddy intends to step down once the board finds replacements for him.Liddy has recommended that the chairman and...

Allstate Declines TARP Bailout Funds

May 19 2009 // Allstate Corp., the largest publicly-traded U.S. home and auto insurer, said it will not take funds from the government’s Troubled Asset Relief Program, after winning eligibility last week to do so.Chief Executive...

Direct Writers Continue Battle for Massachusetts Auto Market

May 19 2009 // Direct writers continue to target the Massachusetts personal auto insurance market, as one major national carrier announced it has written its first policy in the state and another says it will begin writing direct in...

Some Insurers Including Allstate Might Not Need Federal Funds

May 18 2009 // Government approval for billions of dollars in taxpayer bailout funds for life insurers is dividing the industry into haves and have-nots, with Ameriprise Financial Incand possibly others rejecting the government’s...

Ratings: Allstate, Arrowhead, Nat’l. Lloyd’s/Summit, ISMIE Mutual, Greenville Casualty, Un. Farm Indiana

May 13 2009 // Standard & Poor’s Ratings Services has assigned its ‘A-‘ senior debt rating on Allstate Corp.’s (ALL) recently priced senior debt issue. S&P also affirmed its ‘A-‘ counterparty...

New York Wants Allstate Info on Credit Default-Swaps

Apr 20 2009 // The New York state Insurance Department said it wants information from Allstate Corp. on its participation in unregulated insurance markets.The agency also said Allstate officials must report anything they know about other...

Direct Writers Reconsidering Massachusetts

Apr 6 2009 // It’s finally happened: Geico is entering the auto insurance market in Massachusetts.Insurance Commissioner Nonnie Burnes confirmed in a statement earlier this month that the nation’s third-largest auto insurer...

Allstate Tests Brain Fitness Exercise Software and Driver Safety in Pennsylvania

Mar 31 2009 // Posit Science, a brain fitness company, announced today that it has extended its relationship with auto insurer Allstate. The companies began working together six months ago in a program to determine whether brain fitness...

Allstate Agents Back in Court over Claims of Age Bias by Insurer

Mar 25 2009 // A group of insurance agents asked a federal appeals court on Monday to revive an age discrimination lawsuit over the Allstate Insurance Co.’s decision to switch thousands of them from employees to independent...

Esurance Exploring Massachusetts Personal Auto Market

Mar 24 2009 // Esurance, a San Francisco-based personal auto insurance direct writer, has taken preliminary steps to obtain a license to sell auto insurance in Massachusetts — although the company says it has no immediate plans to...

Business Moves

Mar 23 2009 // State Farm Fire and Casualty Co.Nevada Insurance Commissioner Scott J. Kipper has approved a rate change for homeowners insurance premiums as filed by State Farm Fire and Casualty Co. The rate change will become effective...