All the headlines from our Allstate Topic Page, ordered by recency.
Mar 16 2009 // Tony Laska has joined workers’ compensation insurer BrickStreet Mutual Insurance Co. as its senior vice president and chief information officer. Laska comes to West Virginia from the Chicago area, where he had been...
Mar 11 2009 // A federal appeals court, ruling in a case linked to the 1985 MOVE bombing in Philadelphia, blasted a Texas company that offers lump-sum advances to plaintiffs who settle lawsuits.The settlement stemmed from a lawsuit filed...
Mar 4 2009 // The Board of Directors of the Personal Insurance Federation of California (PIFC) has voted unanimously to accept Allstate Insurance Co. as the newest member of PIFC. Allstate is the first new company to join PIFC in 15...
Feb 20 2009 // A federal appeals court upheld the dismissal of Allstate Corp. and State Farm Fire and Casualty Co. from a lawsuit accusing them of overbilling the U.S. government for flood damage in Louisiana related to the 2005 storm...
Feb 18 2009 // Colorado’s Division of Insurance announced that Allstate Insurance Group has decreased its rates for private passenger automobile policies in the state, providing a savings of $6.8 million to consumers through...
Feb 5 2009 // The right coverage at the right price could cost more in New Jersey.Allstate New Jersey Insurance Co. is asking the state for permission to raise rates by 15.4 percent on average. The insurer says the higher premiums are...
Feb 3 2009 // A.M. Best Co. has commented that its ratings and outlook on Allstate Insurance Group and The Allstate Corporation (Allcorp) “remain unchanged, despite recently reported fourth quarter 2008 financial results, which...
Feb 3 2009 // In contrast to A.M. Best and Standard & Poor’s, Fitch Ratings has downgraded the senior debt rating of the Allstate Corporation to ‘BBB+’ from ‘A’, and the financial strength ratings of...
Jan 30 2009 // Standard & Poor’s Ratings Services has lowered its counterparty credit and financial strength ratings on Allstate Corp.’s core property-liability (Allstate Protection) and life insurance (Allstate...
Jan 29 2009 // Allstate reported consolidated revenues were $6.6 billion in the fourth quarter of 2008 and $29.4 billion for the 2008 year, a 9 percent drop from the previous year. The decrease in revenue of $2.4 billion and $7.4 billion...
Jan 11 2009 // Some have called New Year’s Eve “amateur hour” on the roads. That couldn’t be more true for teen drivers, who, even if they haven’t been drinking, lack experience behind the wheel.A recent...
Jan 6 2009 // The California Department of Insurance has approved Allstate Insurance’s request to raise its homeowners multi-peril insurance rates 6.9 percent. For information, visit...
Dec 30 2008 // Some have called New Year’s Eve “amateur hour” on the roads. That couldn’t be more true for teen drivers, who, even if they haven’t been drinking, lack experience behind the wheel.A recent...
Dec 1 2008 // A.M. Best Co. has affirmed the financial strength ratings (FSR) and issuer credit ratings (ICR) of selected subsidiaries of the Bermuda-based White Mountains Insurance Group, Ltd., including the FSRs of ‘A’...
Nov 30 2008 // Generally, the statute of limitations for the breach of an oral agreement is four years. However, a shorter period is mandated by California Insurance Code Section 2071 for all policies containing fire coverage (which...
Oct 23 2008 // Catastrophe losses and the global financial crisis contributed to a $923 million net loss for the third quarter of 2008, which reflects an operating loss of $190 million and net realized capital losses of $728 million, The...
Oct 20 2008 // Michigan’s new insurance consumer advocate wants the state to investigate Allstate Insurance Company.Melvin “Butch” Hollowell said on Oct. 7 that the insurer reported that Michigan’s drivers...
Oct 20 2008 // Florida remains focused on recovery of its property insurance market. But new rules for reinsurers, a national catastrophe plan and the use of occupational rating in insurance are also on the radar of Florida Insurance...
Oct 9 2008 // Michigan’s new insurance consumer advocate wants the state to investigate Allstate Insurance Company.Melvin “Butch” Hollowell said Tuesday the insurer reported that Michigan’s drivers drastically...
Oct 6 2008 // A man accused of faking his own death to swindle a Chicago-area insurance company out of more than $400,000 has been arrested by FBI agents.Fifty-six-year-old Abdelhamid Sedrati was the subject of an eight-year...