Latest Allstate Headlines

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

News Briefs

Nov 6 2005 // ALABAMAVesta Reinsurance To Cover Wilma Vesta Insurance of Birmingham, issued a statement saying it has complete reinsurance coverage for Hur-ricane Wilma claims in Florida.“As previously disclosed, Vesta’s...

News Briefs

Nov 6 2005 // Arkansas2006 Comp Rates Released The Arkansas Workers’ Compens-ation Commission released its revised Advisory 2000-1, which describes the maximum and minimum rates to be paid to employees who suffer job-related...

White Mountains Notes Book Value Per Share of $345

Nov 1 2005 // Bermuda-based White Mountains Insurance Group Ltd. ended the third quarter of 2005 with a fully converted tangible book value per share of $345, down $14 from the second quarter of 2005 primarily due to the Gulf Coast...

Texas Judge Extends Allstate Injunction

Oct 24 2005 // Travis County, Texas, District Judge Stephen Yelenosky has extended until Dec. 12 an injunction prohibiting Allstate Insurance Company from denying claims related to Hurricane Rita, the Austin American-Statesman...

ALL SIGNS POINT DOWN:

Oct 17 2005 // Massachusetts auto rates will be going down in 2006, although by how much is not yet known. Insurance Commissioner Julianne Bowler received her third recommendation, this one calling for a 5.4 percent reduction in rates,...

Gallagher Applauds McCarty’s Decision Not to Approve Allstate ‘s Rate Request

Oct 11 2005 // A decision not to approve a rate request by Allstate Floridian Insurance Company and Allstate Floridian Indemnity Company was announced last week by Florida Insurance Commissioner Kevin McCarty.McCarty’s decision was...

Allstate Ordered to Cover Expenses of Rita Evacuees

Oct 10 2005 // A state judge in Texas has ordered Allstate Insurance Co. to cover the living expenses of its Texas policyholders displaced by Hurricane Rita last month.Acting on a petition filed by the attorney general and the Texas...

Allstate Challenges Mississippi Attorney General Hood’s Lawsuit

Sep 21 2005 // Allstate Corp. has issued a direct challenge to the lawsuit filed last week by Mississippi Attorney General Jim Hood in which it refutes the charges made by the attorney general.On Sept. 16, Hood sued Allstate Property and...

Latin Agents Urge Insurers to Join the Hispanic Market Explosion

Sep 19 2005 // As the Hispanic population surpasses 40 million with a combined purchasing power of more than $700 million, the insurance industry is keeping its eye on this ever-growing market segment. Hispanic agents and Latin agent...

Associations educate agents

Sep 19 2005 // As the Hispanic population surpasses 40 million with a combined purchasing power of more than $700 million, the insurance industry is keeping its eye on this ever-growing market segment. Hispanic agents and Latin agent...

Fitch Moves 5 Insurers to Rating Watch Negative Following Katrina

Sep 13 2005 // Fitch Ratings has placed the ratings of five North American property/casualty insurance and reinsurance organizations on Rating Watch Negative Tuesday based on potential large loss exposures to Hurricane Katrina.The...

SHRP Names Allstate’s Crockett HR Pro of Year

Sep 7 2005 // The Society of Human Resource Professionals, (SHRP), the Chicago chapter of the national Society of Human Resource Management, (SHRM), named Joan M. Crockett, senior vice president of human resources at Allstate Insurance...

Allstate Offers Deferred Payment for Katrina Victims

Sep 6 2005 // Companies within the Allstate family announced that, effective Aug. 26, 2005, they have implemented up to a 90-day deferred payment period for customers located in counties and parishes directly affected by Hurricane...

State Farm of Florida’s Rate Request Questioned

Sep 5 2005 // Citing concern that insurance companies are using the 2004 hurricanes to unfairly raise rates, Florida’s Chief Financial Officer Tom Gallagher has called for an independent review of a rate increase on homeowners...

The Allstate Foundation Earmarks $1M for Hurricane Katrina Recovery

Sep 2 2005 // The Allstate Foundation is establishing a $1 million “Hurricane Recovery Fund” to aid the thousands of Hurricane Katrina victims. Foundation funds will be administered by organizations in the affected areas.The...

Allstate Settles Class Action Lawsuit for $120 Million

Sep 1 2005 // Allstate Corp. has agreed to pay up to $120 million to settle a class-action lawsuit in California brought by employees for overtime pay issues, but it still denies any wrongdoing. The Northbrook, Ill.-based...

Allstate Renews U.S. Olympic Sponsorship

Aug 15 2005 // Allstate today announced it has extended the company’s sponsorship with the United States Olympic Committee, maintaining Allstate’s designation as the Official Home and Auto Insurance Sponsor for U.S. Olympic...

Only One Policyholder Turned Out For Allstate Floridian Public Hearing

Aug 11 2005 // The Florida Office of Insurance Regulation reserved a high school auditorium for five hours so that homeowners could voice their opinion on Allstate Floridian Insurance Company’s request to increase rates by 30...

Florida CFO Gallagher Questions Allstate Rate Request

Aug 5 2005 // Florida’s Chief Financial Officer Tom Gallagher said that an independent review of Allstate Floridian Insurance Company’s request for higher rates shows deficiencies and raises troubling questions about the...

Allstate Promotes Telgenhoff, Romero and Nyunt

Jul 22 2005 // Rancho Cordova, Calif.-based Allstate Insurance Company announced several promotions. Phil Telgenhoff was promoted to the position of regional distribution leader. He will have complete accountability for more than 1,300...