Latest Allstate Headlines

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

Appeals Court: Insurance Policy Excluded Mississippi Official’s Actions

Mar 31 2008 // A federal appeals court has found that business exclusions in Allstate Insurance Company’s policies held by former Mississippi Bureau of Narcotics director Frank Melton meant the insurer was not bound to provide...

Florida’s Allstate Workplace Division Names Watkins

Mar 24 2008 // Florida-based Allstate Workplace Division, a subsidiary of The Allstate Corp., appointed W. Wayne Watkins, RHU as executive vice president, Sales and Distribution. In his new role, Watkins will oversee all the sales...

Allstate Lowering Auto Rates in California

Mar 19 2008 // California Insurance Commissioner Steve Poizner announced a 15.9 percent decrease in auto insurance rates for customers of Allstate Insurance Co. and Allstate Indemnity Co. This $244 million reduction culminates months of...

Supreme Court Rejects Allstate Challenge to Texas Repair Shop Law

Mar 10 2008 // The U.S. Supreme Court in late February 2008 rejected Allstate Corp.’s challenge to a Texas law that restricts insurance company ownership of auto collision repair shops.Allstate sought review of its case at the high...

Allstate Settles La. Home Policy Cancellation Disputes

Feb 22 2008 // Allstate Corp. will restore insurance coverage for hundreds of customers and pay $250,000 to resolve disputes over cancellation of south Louisiana homeowner policies after Hurricane Katrina, the company said this week.The...

Supreme Court Rejects Allstate Challenge to Texas Repair Shop Law

Feb 21 2008 // The U.S. Supreme Court this week rejected Allstate Corp.’s challenge to a Texas law that restricts insurance company ownership of auto collision repair shops.Allstate sought review of its case at the high court,...

Fla. Insurance Regulator Files Complaint to Suspend Allstate Licenses

Feb 19 2008 // Florida Insurance Commissioner Kevin McCarty today announced that the Office of Insurance Regulation has filed an administrative complaint on a non-emergency basis seeking to suspend the certificates of authority of the...

Fla. Sen. Committee Wants Allstate’s Internal Documents

Feb 18 2008 // A special Senate committee asked Allstate Insurance company executives to provide them more documents within two weeks in a letter mailed last week to the insurance giant’s chairman. Sen. Steven Geller, a Cooper City...

Maryland Can’t Stop Allstate Plan to Refuse New Coastal Business

Feb 11 2008 // Maryland Insurance Commissioner Ralph S. Tyler today accepted Allstate Insurance Co.’s decision to refuse new homeowners’ policies in coastal areas.Tyler said his agency’s hands were effectively tied from...

Allstate 4Q Profit Falls 37 Percent

Feb 10 2008 // Hit by an increase in catastrophe losses, Northbrook, Ill.-based insurer Allstate Corp. saw its profit drop by more than 37 percent in the fourth quarter of 2007 compared to the same period in 2006.The fourth quarter net...

Declarations

Feb 10 2008 // Florida Sweep“While I understand the current challenge to find resources in this year’s budget, I am concerned about the recommendation to sweep $129.5 million from the Workers’ Compensation...

Allstate Still Writing in Fla. But For How Long?

Feb 10 2008 // Allstate insurance companies can keep on writing new policies in Florida under an appeals court ruling that rejected the state’s attempt to stop them, but which also potentially sets up a quick resolution to the...

Fla. Lawmakers Schedule More Hearings on Property Insurance Rates

Feb 8 2008 // After two more days of grueling questions to Florida state regulators and insurance company executives, a special Senate panel wrapped up its business Tuesday as confused as when it began.In fact, the Select Committee on...

Allstate Defends Property Insurance Rate Proposal to Lawmakers

Feb 6 2008 // Warming oceans, and the possibility they may bring more hurricanes, have to be considered when setting property insurance rates, Allstate officials told lawmakers Monday, defending themselves against allegations they are...

Allstate Cites Potential Fla. Insolvency at Senate Hearing into Rates

Feb 5 2008 // Referring to what he felt were Allstate Insurance executives’ evasive answers to questions posed by Florida senators on Monday, Sen. Bill Posey, R-Rockledge, said he hadn’t seen so much bobbing and weaving...

Court: Allstate Can Still Write Policies in Florida, for Now

Feb 4 2008 // Allstate insurance companies can keep on writing new policies in Florida under an appeals court ruling that rejected the state’s attempt to stop them, but which also potentially sets up a quick resolution to the...

Fla. Court to Expedite Allstate Appeal, Insurance Commissioner Encouraged

Jan 31 2008 // The Florida First District Court of Appeals has expedited Allstate Insurance Co.’s appeal of Insurance Commissioner Kevin McCarty’s Jan. 17 final immediate order suspending the companies’ licenses to...

Allstate 4Q Profit Falls 37% as Calif. Wildfire Losses Top $300M

Jan 31 2008 // Hit by an increase in catastrophe losses, Northbrook, Ill.-based insurer Allstate Corp. saw its profit drop by more than 37 percent in the fourth quarter of 2007 compared to the same period in 2006.The fourth quarter net...

Allstate Gets More Time in Wind-and-Hail Fight in La.

Jan 30 2008 // Allstate has been granted more time by Louisiana officials to gather data about the number of homeowners whose wind and hail coverage was dropped on technicalities.Warren Byrd, the state insurance department’s...

Declarations

Jan 27 2008 // Severe Impact“There’s a lot of scrap metal in the trees and fence lines, a lot of insulation, lumber. … The path of the tornado was several miles long and impacted a number of different areas where there...