All the headlines from our Allstate Topic Page, ordered by recency.
May 6 2020 // Allstate Corp. reported that its adjusted net income rose 47% in the first quarter to $1.14 billion, a jump of 47%, thanks to higher underwriting income and lower catastrophe costs, compared with the quarter one year ago....
May 1 2020 // The group of property/casualty insurers offering auto insurance premium discounts to recognize that insureds are driving less during the coronavirus crisis continues to grow, and now includes all major auto insurers. Most...
Apr 24 2020 // The group of property/casualty insurers offering auto insurance premium discounts to recognize that insureds are driving less during the coronavirus crisis continues to grow, and now includes all major auto insurers. Most...
Apr 13 2020 // “I’m shocked, just shocked that you’re suggesting that during a crisis that insurance companies might in fact be considered the villains. I’ve never heard that before.”That’s Richard...
Apr 13 2020 // The group of property/casualty insurers offering auto insurance premium discounts to recognize that insureds are driving less during the coronavirus crisis continues to grow, and now includes all major auto insurers.State...
Apr 9 2020 // More insurers are coming forward every day with discounts, extended coverage and relaxed payment terms for insureds affected by shelter-in-place and other conditions required during the coronavirus crisis.Progressive...
Apr 8 2020 // Allstate is returning savings resulting from shelter-in-place orders back to consumers.This comes as the company cited an unprecedented decline in driving due to shelter-in-place orders, which translates into fewer...
Apr 7 2020 // More auto insureds and small businesses are getting a break on their insurance premiums to help them through the coronavirus crisis.Auto insurer GEICO said it will give back approximately $2.5 billion in the form of a 15...
Apr 7 2020 // Automobile insurers in Delaware are taking a number of actions in light of COVID-19, the Delaware Department of Insurance (DOI) announced.On Monday, Allstate announced it would embark on a premium payback program resulting...
Apr 6 2020 // Madison, Wisconsin-based American Family Insurance says it will return approximately $200 million to its auto insurance customers as the COVID-19 pandemic has dramatically altered driving habits and created financial...
Apr 6 2020 // Insurance carriers are continuing to step forward with offers of help for customers and communities affected by the coronavirus crisis.Allstate announced that its Allstate, Esurance and Encompass personal auto insurance...
Apr 6 2020 // Global insurer Chubb announced that it will not conduct any layoffs among its 33,000 employees while in the midst of the COVID-19 pandemic health crisis.The insurer has also pledged to give $10 million to pandemic relief...
Mar 26 2020 // Oklahoma’s insurance commissioner says Allstate Insurance Co. is voluntarily easing certain policy restrictions to aid delivery drivers using their personal vehicles for delivery of food and medicine during the...
Mar 18 2020 // Ratings firm AM Best said it is developing stress testing that it will conduct on its rated insurance companies’ balance sheets to gauge the impact of the COVID-19 virus fallout on their risk-adjusted capital levels,...
Mar 4 2020 // Allstate Corp. struck a deal with Ford Motor Co. that will allow some of the automaker’s customers to share data with the insurer for its program that tracks mileage.The majority of Ford and Lincoln 2020 model-year...
Feb 24 2020 // Allstate first disclosed its Transformative Growth Plan in December, an effort to overhaul how it does business, boost efficiency and reduce expenses. During the Illinois-based property/casualty insurer’s Q4 2019...
Feb 10 2020 // Allstate first disclosed its Transformative Growth Plan in December, an effort to overhaul how it does business, boost efficiency and reduce expenses. During the Illinois-based property/casualty insurer’s Q4 2019...
Feb 4 2020 // For the second time in a year, a federal judge rejected a plaintiff attorney’s argument that an insurance carrier acted in bad faith by using the Mitchell Decision Point program when calculating the value of a...
Dec 19 2019 // Allstate is retiring its Esurance brand and combining its remaining Allstate, Encompass and Answer Financial personal lines brands under a single business model.The company says dropping Esurance and creating the new...
Nov 15 2019 // Steven D. Armstrong, FCAS, an insurance industry veteran with more than 25 years of experience, has begun his term as the president of the Casualty Actuarial Society (CAS). Armstrong has been actively involved with the CAS...