All the headlines from our Allstate Topic Page, ordered by recency.
May 19 2008 // As a result of an agreement reached by the Texas Department of Insurance, the Office of Public Insurance Counsel and Allstate Texas Lloyd’s, the company will soon begin reducing its homeowners rates and provide...
May 16 2008 // Florida Insurance Commissioner Kevin McCarty ordered a stay of the suspension of the Allstate Companies’ licenses to sell new business in the state.McCarty’s decision comes as the result of Allstate’s...
May 15 2008 // Standard & Poor’s Ratings Services has assigned its ‘A’ junior subordinated debt rating to American International Group Inc.’s $5 billion of equity units. S&P also said it has...
May 14 2008 // Florida’s First District Court of Appeals fired the latest volley in an ongoing saga between Allstate Insurance and the Office of Insurance Regulation, re-suspending the insurer from writing new business in...
May 12 2008 // The Texas Department of Insurance (TDI), the Office of Public Insurance Counsel (OPIC) and Allstate Texas Lloyd’s (Allstate) have reached agreement to settle all outstanding litigation with respect to homeowners...
May 5 2008 // A San Francisco judge has refused Allstate’s request to block a 15.9 percent automobile insurance rate decrease. Thus, the California Department of Insurance said the rate decrease should take effect immediately, and...
May 1 2008 // California automobile insurance units of Allstate Corp. will lower rates by 15.9 percent by a May 12 deadline, complying with an order by the state’s insurance regulator that it had challenged, a company spokesman...
Apr 25 2008 // A San Francisco judge has refused Allstate’s request to block a 15.9 percent automobile insurance rate decrease. According to the California Department of Insurance, the rate decrease should take effect immediately,...
Apr 24 2008 // A Florida court said Tuesday it rescinded a decision in the state’s case against Allstate Floridian Insurance Company because the order was released prematurely in violation of its own operating procedures.The order...
Apr 24 2008 // Allstate Corp. said Wednesday that first-quarter net income dropped 77 percent, hurt by write-downs in its investments and larger-than-expected catastrophe losses.The insurer said it had to write down the value of...
Apr 23 2008 // Allstate’s 1,100 insurance agents in Florida are still in business, thanks to a mistake Monday by a Florida appeals court.Less than an hour after issuing an order denying Allstate’s appeal of a state-ordered...
Apr 21 2008 // A California consumer advocate group is criticizing Allstate for allegedly “systematically underpaying claims to policyholders, or forcing them into protracted court battles to secure a fair...
Apr 16 2008 // After deliberating for three hours, a jury in California has denied an insurance claim because the property damaged was exaggerated, according to the law firm MacGregor & Berthel.Reddy v. Allstate Insurance Co....
Apr 10 2008 // Allstate’s companies doing business in Florida will have to stop writing new policies after April 14 if the insurance giant fails to apply for a rehearing by then, state officials said Tuesday.Allstate spokesman Adam...
Apr 9 2008 // Allstate has put about 150,000 pages of documents related to its pricing policy on its Web site, but it didn’t appear Monday to satisfy the state, which has suspended the insurance giant’s right to do new...
Apr 7 2008 // The Governing Board of the California Earthquake Authority has hired Glenn A. Pomeroy as CEO. Pomeroy has extensive experience in public service positions, including former commissioner of insurance of North Dakota. In...
Apr 7 2008 // A federal appeals court has found that business exclusions in Allstate Insurance Co.s policies held by former Mississippi Bureau of Narcotics director Frank Melton meant the insurer was not bound to provide coverage for,...
Apr 7 2008 // Patrick G. Ryan, founder and executive chairman of the largest insurance intermediary, Aon Corp., said he intends to retire from Aon effective Aug. 1, 2008.“After 41 years as CEO and three years as executive...
Apr 4 2008 // Policyholders may not be entitled to recover any money from a sweeping antitrust lawsuit that former Attorney General Charles Foti filed against some of the nation’s largest insurers after Hurricane Katrina, a...
Apr 4 2008 // The First District Court of Appeals of Florida ruled today that a suspension of Allstate Insurance Company’s certificates of authority to transact new insurance business in Florida is back in effect.Today’s...