Latest Allstate Headlines

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

Maryland Orders Allstate Return $17.5M to Auto Insureds

Oct 20 2006 // Maryland Insurance Commissioner R. Steven Orr has ordered Allstate Insurance to return $17.5 million to 20,571 of its auto policyholders in Maryland whom he says were improperly charged.This restitution is in addition to a...

Allstate Swings to $1.16 Billion Gain in 3rd Quarter with Fewer Hurricanes

Oct 19 2006 // Northbrook, Ill.-based Allstate Corp., the second-largest U.S. personal-lines insurer behind State Farm, reported a $1.16 billion third-quarter profit Wednesday as it benefited from a quiet hurricane season.The company...

Insure.com Names Romito Vice President, Chief Information Officer

Oct 16 2006 // Darien, Ill.-based Insure.com Inc. announced it has named former Allstate technology executive, Daniel A. Romito, as vice president and chief information officer. The company is also reported that Eric Bergquist has...

Ala. Coastal Property Owners Facing More Insurer Restrictions

Oct 10 2006 // More insurance cutbacks for Alabama coastal properties — not only for buildings and homes near the beaches — are coming in the wake of 2004 and 2005 hurricanes.Two of the state’s largest insurance firms said...

Cora Barran was elected president of the Insurance

Oct 9 2006 // PeopleErnie Csiszar, the Romania-born former South Carolina regulator who two years ago was named president and chief executive officer of the then newly-formed Property Casualty Insurers Association of America, resigned...

Allstate CEO Liddy to Retire; Wilson Named Successor

Sep 19 2006 // The Allstate Corporation board of directors announced a leadership succession transition, which will occur over the next 18 months.Edward M. Liddy, currently chairman and chief executive officer, plans to step down as CEO...

Allstate drops Alaska earthquake coverage

Sep 4 2006 // Nearly 7,000 Alaskans will lose their earthquake insurance as their policies come up for renewal.Allstate Insurance Co. is cutting its optional earthquake coverage nationwide, and will drop this plan as policies come up...

News Currents

Sep 4 2006 // Allstate drops Alaska earthquake coverageNearly 7,000 Alaskans will lose their earthquake insurance as their policies come up for renewal. Allstate Insurance Co. is cutting its optional earthquake coverage nationwide, and...

La.’s Gov. Blanco: No Quick Fixes for Insurance Woes

Aug 21 2006 // Louisiana Gov. Kathleen Blanco met with insurance industry executives on Aug. 17, seeking ways to keep insurers writing homeowners policies in Louisiana after the twin punches of hurricanes Katrina and Rita.The private...

No reinsurance for Louisiana cost Allstate $2 billion

Aug 21 2006 // Allstate Insurance Co. failed to buy reinsurance last year to cover some of the cost of policies in Louisiana a gamble that cost the company $2 billion in claims, The Associated Press reported.The company’s models...

Floridians begin to question insurers’ ‘pup companies’

Aug 21 2006 // A lot of Floridians have had their homeowners insurance company — call it XYZ Florida Insurance — increase their premium because of huge losses. Weeks later, the residents see XYZ Insurance USA, based in...

Allstate Drops Alaska Earthquake Coverage

Aug 18 2006 // Nearly 7,000 Alaskans will lose their earthquake insurance as their policies come up for renewal in the coming months.Allstate Insurance Co. is cutting its optional earthquake coverage nationwide, and will drop this plan...

Not Buying Reinsurance for La. Cost Allstate $2 Billion

Aug 8 2006 // Allstate Insurance Co. bought reinsurance to cover some of the cost of policies all along the East Coast last year, but not for Louisiana – a gamble that cost it $2 billion in claims.The company’s models did...

Allstate beats Wall Street projections, Q2 profit up by 5 percent

Aug 7 2006 // Allstate Corp. said recently that growth in premiums and stronger property-liability underwriting helped the insurer increase second-quarter profit by 5 percent.The nation’s largest publicly traded home, car and life...

Allstate; La. commissioner attempt dispute resolution

Aug 7 2006 // Louisiana Commissioner of Insurance Jim Donelon, Governor Kathleen Blanco and Allstate President Thomas Wilson met July 31 at the company’s headquarters in Northbrook, Ill., in an attempt to resolve a dispute over...

Allstate; La. commissioner attempt dispute resolution

Aug 7 2006 // Louisiana Commissioner of Insurance Jim Donelon, Governor Kathleen Blanco and Allstate President Thomas Wilson met July 31 at the company’s headquarters in Northbrook, Ill., in an attempt to resolve a dispute over...

State-run Insurer Could Cover Dropped Allstate Policies in La.

Aug 4 2006 // Louisiana Citizens Property Insurance Corp., Louisiana’s state-run insurance company, could provide wind damage coverage for about 30,000 homeowners along the coast if Allstate Insurance Co. drops that coverage,...

Allstate Seeks Options for South La. Homeowners Policies

Aug 2 2006 // Allstate Insurance Co. has no immediate plan to drop wind coverage for homeowners in 18 coastal parishes, but the insurer wants to find new ways to offset potential losses if more hurricanes trigger big claims in south...

La. Commissioner Says Allstate is not Leaving State

Aug 1 2006 // After a July 31 meeting between Louisiana Commissioner of Insurance Jim Donelon, Governor Kathleen Blanco and Allstate President Thomas J. Wilson regarding Louisiana’s homeowners market and Allstate’s presence...

La. Commissioner to Meet with Allstate President About Coverage Issues

Jul 27 2006 // Louisiana Commissioner of Insurance Jim Donelon and Allstate President and Chief Operating Officer Thomas Wilson will meet Monday, July 31 at the company’s headquarters in Northbrook, Ill., the Louisiana Department...