Latest Allstate Headlines

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

Esurance Cuts Staff by 25 Percent, seeks Buyer

Oct 2 2000 // San Francisco-based Esurance Inc. has laid off approximately one-quarter of its staff, according to Jean-Bernard Duler, founder and CEO.“We’re looking into either a merger or an acquisition by an insurance...

CEO of Esurance Confirms Staff Lay-offs

Sep 18 2000 // Jean-Bernard Duler, founder and CEO of San Francisco-based Esurance, confirmed today that the company had laid-off approximately one-quarter of its staff.“We’re looking into either a merger or an acquisition by...

Allstate Named ‘Top 10’ Company for Working Mothers

Sep 5 2000 // Working Mother selected this year’s 100 Best Companies based on six criteria: child care, leave for new parents, flexible work arrangements, work/life benefits such as elder care and adoption assistance, and...

UnumProvident Announces Reinsurance Agreements; To Sell Inactive Subsidiary to Allstate

Aug 29 2000 // UnumProvident Corp., the largest U.S. disability insurer, announced the signing of definitive agreements for a series of strategic transactions designed to more closely focus its operations on its core businesses and...

Allstate First to Apply As India Opens Insurance Market

Aug 17 2000 // U.S. insurer Allstate and the U.K.’s Prudential Plc became the first foreign companies to submit applications, in conjunction with their Indian partners, to establish private insurance companies to sell life products...

Allstate Files Suit Against New Jersey Fraud Ring

Aug 16 2000 // Allstate New Jersey Insurance Company filed its second lawsuit Tuesday in the ongoing investigation of a major staged automobile accident insurance fraud ring in Camden County, New Jersey.One hundred seventy-five...

Esurance Extends Auto Insurance to New York, Georgia

Aug 14 2000 // Esurance Inc., a quote-to-claims Internet-based provider of personal insurance, announced the expansion of its auto insurance business to 24 states with the addition of New York, Georgia and Oklahoma. Esurance offers auto...

Personal Auto Profits Plummet

Aug 14 2000 // As Losses Top 66 Percent Will Texas Soon Bench the Benchmark System?Personal auto losses increased last year in 35 of 51 markets across the country, making for an average pure loss ratio of 65.6 percent, the highest level...

Maryland Reaches Agreement with Allstate to Revise ‘Do I Need An Attorney” Literature

Jul 26 2000 // Maryland Insurance Commissioner Steven B. Larsen and Allstate Insurance Company, one of the state’s top-selling insurers, reached an agreement in which Allstate will modify its “Do I Need An Attorney?”...

Allstate Profits Drop 40 Percent

Jul 21 2000 // Allstate Corp.’s second-quarter profits fell 40 percent due, in large part, to a battering of spring storms. The unusually heavy losses from catastrophes were not helped by higher claims and increased competition...

NAII Looks to Reverse Court Ruling, Files Friend of the Court Brief

Jul 11 2000 // The National Association of Independent Insurers (NAII) filed a friend of the court brief on June 28 asking for a reversal of a California Superior Court ruling related to the case of Lugo v. Allstate Insurance Company....

Esurance Expands Auto Insurance Into Five States

Jun 27 2000 // Esurance Inc., an Internet-exclusive provider of personal insurance, is expanding its auto insurance coverage area to five states with the addition of Colorado, Oregon, Minnesota, Virginia and Washington. Esurance now...

ALLSTATE’S CATASTROPHE LOSSES HIGH

Jun 26 2000 // There were no April Showers or May Flowers for Allstate Corp. this year. Rather the two spring months produced $340 million in catastrophe losses for the direct writer, whose announcement June 15 triggered a 7 percent...

LOSSES FOR ALLSTATE

Jun 26 2000 // April and May produced $340 million in catastrophe losses for Allstate Corp., whose June 15 announcement triggered a 7 percent reduction in the company’s stock value. The estimated losses were in addition to severe...

Insurance Companies Sue Denver Chiropractic Clinics

Jun 21 2000 // June 21, 2000 9:35 a.m. CDTAllstate Insurance Company, Liberty Mutual Insurance Company, and Progressive Casualty Company and three of its affiliates, served summons and complaints throughout the Denver area last Thursday...

Allstate’s Announced Catastrophe Losses Trigger Stock Downturn

Jun 16 2000 // There were no April Showers or May Flowers for Allstate Corp. this year. Rather the two spring months produced $340 million in catastrophe losses for the direct writer, whose announcement yesterday triggered a 7 percent...

Esurance Adds Eight States

Jun 5 2000 // “This is a significant step in our efforts to offer affordable, quality auto insurance to the entire U.S. driving population,” said Jean-Bernard Duler, chairman and CEO of Esurance. “Our services offer...

Allstate’s $900M Senior Notes Get ‘A+’

May 29 2000 // An “A+” rating was assigned to Allstate Corp’s $900 million in 7.875 percent senior notes by S&P. The notes are due in the year 2005. In addition, other S&P ratings on Allstate and the units of...

Allstate, Home Depot Announce Alliance

May 24 2000 // An alliance between Home Depot and Allstate Insurance Co. has the home improvement retailer supplying materials for home repairs to Allstate customers. The alliance started in January, but was not announced until this...

Woody Harrelson Sues Allstate

May 1 2000 // Actor Woody Harrelson is suing Allstate Corp., claiming the company wrongly stopped defending him in a lawsuit filed by two photographers. The breach-of-contract suit stems from a 1996 federal civil rights suit filed by...