Latest Allstate Headlines

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

Executives See Only Moderate Growth for P/C Industry in 2008

Jan 27 2008 // Property casualty insurance insiders predicted 2008 will be a year of marginal growth as continued pricing competition will keep premiums low and profits lower — although that could quickly worsen if a natural...

Fla. Regulator: Allstate Compliance Still in Question

Jan 25 2008 // Allstate Insurance Co., in an ongoing exchange with the Florida Office of Insurance Regulation, submitted between 12,000 and 13,000 pages of documents Wednesday, according to a company spokesman.Allstate’s Adam...

Fla. Insurance Regulator Files to Reinstate Allstate Suspension

Jan 24 2008 // The Florida Office of Insurance Regulation filed its response with the First District Court of Appeal seeking to have a suspension of the Allstate Companies’ certificates of authority reinstated.The 12-page response...

Allstate Back in Business, Fla. Court of Appeals Grants Stay

Jan 18 2008 // Allstate and Allstate Floridian are pleased with the Florida First District Court of Appeal’s decision to grant an immediate stay from the Florida Office of Insurance Regulation’s order to cease writing new...

Fla. Halts Allstate from Writing New Business in All Lines; Insurer Appeals

Jan 18 2008 // The Florida Office of Insurance Regulation issued a final order immediately suspending Allstate Insurance Co. and its subsidiaries from writing any new business in all lines of insurance in Florida – including auto...

S&P: Allstate’s Ratings Unaffected by Florida Suspension

Jan 17 2008 // Standard & Poor’s Ratings Services said today that news reports (See IJ web site) about the suspension issued to Allstate Corp. (ALL) by the Florida Insurance Commissioner that prohibit some of the companies...

Fla. Insurance Commissioner Says Allstate Uncooperative, Stops Hearing

Jan 16 2008 // Florida Insurance Commissioner Kevin McCarty abruptly halted the scheduled two-day hearing Tuesday into Allstate Companies’ reinsurance program, their relationships to risk modeling companies, insurance rating...

Florida Blocks Allstate Insurance from Writing New Business in State

Jan 16 2008 // Florida Insurance Commissioner Kevin McCarty suspended the certificate of authority of Allstate Companies to write new property insurance in Florida until the company fully complies with the subpoenas served Oct. 16 by his...

Allstate Responds to Fla. Insurance Commissioner’s Regulatory Actions

Jan 16 2008 // In a written statement responding to the Florida Insurance Commissioner suspending Allstate’s certificate of authority Wednesday, the insurer said it is committed to working diligently with the Office of Insurance...

Allstate Pays N.Y. Homeowners $995K for Plane Vibration Damage

Jan 9 2008 // Allstate Insurance Co. has agreed to pay $995,000 to a Brooklyn couple who claimed their house was badly damaged by vibrations caused by an Air France Concorde jet nearly five years ago.The couple, John and Annette...

A.M. Best Affirms Ratings of Allstate and Subsidiaries

Jan 9 2008 // Rating agency A.M. Best Co. has affirmed the financial strength rating (FSR) of A+ (Superior) and issuer credit ratings (ICR) of “aa” of Allstate Insurance Group (Allstate) and its members.Additionally, A.M....

CarInsurance.com Adds Insurance Carriers for 2008

Jan 3 2008 // CarInsurance.com, which sells auto insurance over the Internet, has added more carriers to its current 28 state agency product offering.In November and December 2007, the firm expanded and now offers Encompass Insurance...

Survey: Teens Want Friends to be Safer on Roads

Dec 31 2007 // With motor vehicle accidents claiming between 5,000 and 6,000 teen lives each year, a new survey commissioned by Allstate Insurance reveals that many teens do not take personal responsibility for safe driving and continue...

Allstate Announces Withdrawal From Membership in PCI

Dec 23 2007 // Allstate Insurance, headquartered in Northbrook, Ill., has given notice to Des Plaines, Ill.-based Property Casualty Insurers Association of America (PCI) that the company intends to drop its membership in the insurer...

Fla. Gov. Asks Lawyers to Review Suing Property Insurers over Rates

Dec 21 2007 // Gov. Charlie Crist said Wednesday he wants three trial lawyers to review documents for a possible class-action lawsuit against property insurers, alleging that the industry hasn’t passed on savings to consumers as...

Allstate’s 4th Quarter Catastrophe Losses of $100 Million Higher than ’06

Dec 20 2007 // Allstate Corp. said Tuesday October’s California wildfires plus other disasters have hiked the insurance company’s fourth-quarter catastrophe losses by about $100 million.Allstate said it received more than...

Allstate Incurs More than $300 Million in Southern California Wildfire Losses

Dec 19 2007 // The Allstate Corp. reported that the company has received more than 7,000 claims from the Southern California wildfires in October of this year, resulting in approximately $315 million to $335 million in wildfire-related...

Allstate Announces Withdrawal from National Trade Group PCI

Dec 17 2007 // Northbrook, Ill.-based Allstate Insurance has given notice to Des Plaines, Ill.-based Property Casualty Insurers Association of America (PCI) that it intends to drop it membership effective December 2008.By-laws of PCI...

Allstate in Deal to Set Up Online Bill-Payments

Dec 6 2007 // Allstate Corp. and Fiserv Inc. said they’ve worked out a partnership to allow Allstate’s customers to receive and pay bills online through their bank, brokerage or credit union’s Web site.The e-bill...

Texans to Plug Into Wind Energy with Help from Allstate

Nov 28 2007 // Two thousand Texas homes are getting wired into the wind grid with a green donation from Allstate Insurance Company.The insurer announced it will provide enough clean, renewable, wind energy to power the equivalent of...