Latest Allstate Headlines

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

New Orleans Couple Drops Suit Against Allstate over Katrina Damage

Feb 16 2007 // The first federal trial in New Orleans in the wave of insurance litigation spawned by Hurricane Katrina ended abruptly Feb. 15 when a couple suing Allstate Indemnity Co. dropped their lawsuit amid allegations they...

Maryland Mulls Ways to Keep Insurers from Abandoning Coastal Properties

Feb 15 2007 // Alarmed that homeowners on Maryland’s coasts may one day be cut off from home insurance, state lawmakers are mulling new rules prohibiting insurers from pulling out of areas they deem risky.But insurers met with...

Allstate Says It Paid Katrina Claims of Type State Farm Denied

Feb 15 2007 // Giant insurer Allstate Corp. doesn’t have much to fear from a Mississippi class-action lawsuit that seeks to have insurers in the state reopen closed Hurricane Katrina claims, according to the company’s chief...

Allstate Profit Rose 17% in 4th Quarter

Jan 31 2007 // Allstate Corp., the second-biggest U.S. personal-lines insurer behind State Farm, said its fourth-quarter profit rose 17 percent as it continued to benefit from a benign year for hurricanes.The $1.21 billion (euro930...

Fla. Lawmakers Face Balancing Act in This Week’s Insurance Session

Jan 15 2007 // Florida lawmakers wish they could simply outlaw hurricanes. That would solve the state’s insurance crisis.Unfortunately, changing the weather seems easier than what legislators have on their hands. As they return to...

Declarations

Jan 8 2007 // One New York “Every policy, every action, every decision we make in this administration will further two overarching objectives: we must transform our government so that it is as ethical and wise as all of New York,...

Declarations

Jan 7 2007 // One New York“Every policy, every action, every decision we make in this administration will further two overarching objectives: we must transform our government so that it is as ethical and wise as all of New York,...

No rule change for Allstate in La.

Dec 25 2006 // A panel of state insurance regulators on Dec. 15 rejected a proposed rule change that Allstate Insurance Co. cites as critical to deciding the company’s long-term future in Louisiana after Hurricane Katrina.The...

ALLSTATE: NO NEW RISKS IN CONN., N.J. AND DEL.

Dec 25 2006 // Allstate Insurance Co., continuing its reappraisal of its hurricane loss exposure along the East Coast, has decided to stop writing new property insurance policies in all areas of Connecticut, New Jersey and Delaware.The...

Allstate: no new risksin Conn., N.J. and Del.

Dec 24 2006 // Allstate Insurance Co., continuing its reappraisal of its hurricane loss exposure along the East Coast, has decided to stop writing new property insurance policies in all areas of Connecticut, New Jersey and Delaware.The...

Allstate Adds Maryland Coast to Its ‘No New Business’ List

Dec 22 2006 // Citing concerns that a warmer Atlantic Ocean will lead to more strong hurricanes hitting the region, Allstate Corp. will stop writing homeowners’ policies in coastal areas of Maryland.Starting in February, the...

Ind. Conseco President Moves to Allstate Financial

Dec 20 2006 // Carmel, Ind.-based Conseco Inc. today announced that President and Chief Operating Officer James Hohmann will be leaving the firm to become president of Allstate Financial.Conseco Chairman R. Glenn Hilliard said,...

La. Rating Commission Rejects Key Rule Change for Allstate

Dec 18 2006 // A panel of state insurance regulators on Dec. 15 rejected a proposed rule change that Allstate Insurance Co. cites as critical to deciding the company’s long-term future in Louisiana after Hurricane Katrina.The...

Allstate Floridian Lowers Rate Bids

Dec 14 2006 // Under pressure from state regulators, Allstate’s two Florida homeowners insurance companies are drastically shrinking the size of the rate increase they’re seeking.Allstate spokesman Ryan Priest said the...

Allstate to Halt New Property Business in Conn., N.J. and Del.

Dec 8 2006 // Allstate Insurance Co., continuing its reappraisal of its hurricane loss exposure along the East Coast, has decided to stop writing new property insurance policies in all areas of Connecticut, New Jersey and Delaware.The...

Allstate Floridian Reduces Rate Increase Request

Nov 10 2006 // Allstate Floridian Insurance, the state’s third largest home insurer, is lowering its proposed rate increase in the face of resistance from state regulators.The company said that it was still seeking a rate increase,...

People

Nov 5 2006 // Peter McMurtrie has joined Columbus, Ohio-based Grange Insurance in the new position of chief claims officer. The company said McMurtrie would focus on three main areas of operation: transactional excellence, best...

Esurance Seeks to Grow in Oregon

Oct 26 2006 // Esurance, a direct-to-consumer personal auto insurance company, announced the launch of its auto insurance program in Oregon. Gary Tolman, Esurance President & CEO, stated, “We think Oregon drivers will...

People

Oct 23 2006 // The Allstate Corporation announced a leadership transition, which will occur over the next 18 months. Edward M. Liddy, currently chairman and chief executive officer, plans to step down as CEO at the end of 2006. Thomas J....

Alabama coastal property owners face more insurer restrictions

Oct 23 2006 // Two of the Alabama’s largest insurance firms said they’re reducing coverage and increasing deductibles in Mobile and Baldwin counties, citing frequent hurricanes, coastal construction growth, lack of strong...