Latest Allstate Headlines

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

Allstate’s Chief Executive’s Compensation Cut by 10 Percent

Mar 28 2006 // A proxy statement issued by Allstate Corp. has shown that Chief Executive Edward Liddy’s compensation was cut by 10 percent in 2005, to $11.1 million, the second straight decrease. The Proxy statement is filed with...

Federal Judge Rejects Allstate Request to Dismiss Miss. Hurricane Lawsuit

Mar 27 2006 // A federal judge in Gulfport, Miss. has refused to throw out a lawsuit that a couple filed against Allstate Insurance Co. after the insurer refused to cover damage to their home from Hurricane Katrina.The lawsuit, filed by...

TEXAS JUDGE’S RULING PARTIALLY FAVORS ALLSTATE AND STERLING

Mar 20 2006 // Allstate and Sterling Autobody Centers can communicate benefits of its shops, a federal district judge in Texas has ruled.In a news release, Allstate reported that on March 9, 2006, the judge in Allstate, et al. v. Abbott,...

Multi-state class actions could infringe on state regulators

Mar 20 2006 // Allstate Insurance Co., the National Association of Mutual Insurance Companies and the Property Casualty Insurers Association of America have joined forces requesting a review of a Court of Appeals decision involving a...

People and Places

Mar 6 2006 // Jim Donelon became Louisiana’s Commissioner of Insurance on Feb. 16 following the retirement of J. Robert Wooley. Donelon previously served as the insurance department’s Executive Counsel and Chief Deputy...

Survey of Agents Finds No Immediate Crisis in N.Y. Homeowners Market

Feb 28 2006 // The Professional Insurance Agents of New York State Inc. reported that a week-long survey of its members regarding the current conditions of the homeowners market in downstate New York found there is no immediate crisis in...

N.Y. Homeowners Insurance Market: Strong or Weak?

Feb 28 2006 // New York’s homeowners insurance market is either strong, stable or fragile depending upon whether the speaker is an agent or an insurer.Also, Allstate Insurance Co.’s decision to limit its business in eight...

Fitch Upgrades FSR of Encompass Companies; Outlook is Stable

Feb 21 2006 // Fitch Ratings has upgraded the insurer financial strength ratings of the Encompass companies to ‘AA+’ from ‘A-‘. The Rating Outlook is Stable.The upgrade reflects Allstate’s acquisition of the...

N.Y. Senator Schumer criticizes Allstate’s metro-area retreat

Feb 20 2006 // New York State’s largest provider of homeowners insurance should reconsider its decision to stop writing new policies in the metropolitan area over concerns about hurricane damage, according to Sen. Charles...

Allstate Consent Order for Fla. Policyholders Could Trigger Refunds

Feb 16 2006 // A Consent Order between Allstate Floridian Indemnity Insurance Company, Allstate Floridian Insurance Company and the Florida Office of Insurance Regulation includes a provision that could trigger refunds for policyholders...

Crist Appointed Field Vice President of Allstate’s Texas Region

Feb 10 2006 // Richard C. Crist, Jr., previously field vice president and president of Allstate New Jersey, was recently appointed to the position of field vice president (FVP) of Allstate’s Texas Region, headquartered in...

Agents Object to Allstate Ads in Ohio Bureau of Motor Vehicle Mailings

Feb 7 2006 // Ohio Governor Bob Taft has asked a state agency to look into a contract that allows an insurance company to advertise in thousands of vehicle registration renewal notices sent to drivers, according to the Associated...

Allstate releasing 700 employees

Feb 6 2006 // The Chicago Tribune reported that Allstate Corp., the nation’s second-biggest auto and homeowner’s insurer after Bloomington-based State Farm Insurance Cos., will be offering a voluntary termination program to...

Court sides with Allstate in Rita evacuee expenses case

Feb 6 2006 // A state district judge in Austin, Texas, has ruled Allstate will not have to cover the living expenses of evacuees displaced from their homes by Hurricane Rita if thier homes were not damaged, the Houston Chronicle and the...

News Currents

Feb 5 2006 // Allstate releasing 700 employeesThe Chicago Tribune reported that Allstate Corp., the nation’s second-biggest auto and homeowner’s insurer after Bloomington-based State Farm Insurance Cos., will be offering a...

News Currents

Feb 5 2006 // Court sides with Allstate in Rita evacuee expenses caseA state district judge in Austin, Texas, has ruled Allstate will not have to cover the living expenses of evacuees displaced from their homes by Hurricane Rita if...

Allstate Earnings Drop 9% on Hurricane Damages from 3 Storms

Feb 2 2006 // Insurer Allstate Corp. says it has settled about 75 percent of the property claims and nearly all auto claims stemming from Hurricanes Katrina, Rita and Wilma.But the company cited Wilma, which battered south Florida in...

Texas Court Sides with Allstate in Rita Evacuee Expenses Case

Jan 26 2006 // A state district judge in Austin, Texas, has ruled Allstate will not have to cover the living expenses of evacuees displaced from their homes by Hurricane Rita if their homes were not damaged, the Houston Chronicle and the...

Allstate Releasing 700 Employees

Jan 26 2006 // The Chicago Tribune reported today that Allstate Corp., the nation’s second-biggest auto and homeowner’s insurer after Bloomington-based State Farm Insurance Cos., will be offering a voluntary termination...

People

Jan 22 2006 // Michael J. Roche, senior vice president of Protection Technology and Administration for Allstate Insurance Company, recently was named to IDG’s Computerworld Premier 100 IT Leaders Award Program. Roche was selected...