All the headlines from our Allstate Topic Page, ordered by recency.
Sep 6 2019 // Brownsville, Texas, has the safest drivers in America for the second year in a row, according to the 2019 Allstate America’s Best Drivers Report. The report ranks the 200 largest U.S. cities by collision frequency...
Aug 22 2019 // U.S. businesses must focus on creating higher-paying jobs,Tom Wilson, Allstate chair, president and chief executive officer, writes in today’s New York Times.Wilson calls on America’s corporate leaders to...
Jul 31 2019 // The Allstate Corp. said its second quarter results show that its strategy of increasing its market share in property and liability insurance products while also expanding into other protection products is working.Overall...
Jul 18 2019 // Announcing total estimated catastrophe losses for June, Allstate Corporation attributed 60 percent of those losses to four severe wind and hail weather events that primarily impacted Texas.Allstate estimated catastrophe...
Apr 16 2019 // Starr Companies and Allstate have contributed to an $18 million financing round for Amenity Analytics, a startup developing cloud-based analytics designed to help businesses analyze text on a massive scale.The New...
Mar 26 2019 // The board of directors of the CSAA Insurance Group, a AAA insurer, has named Thomas M. Troy to succeed Paula F. Downey as the company’s chief executive officer and a member of its board of directors. The promotion is...
Feb 13 2019 // The Allstate Corp. said it has acquired iCracked, a provider of on-site, on-demand repair services for smartphones and tablets in North America. The privately held San Francisco-based company will join SquareTrade, a...
Feb 8 2019 // The Allstate Corp. lost $312 million in its 2018 fourth quarter, which was attributable to higher catastrophe losses, lower investment income and a pension settlement charge.Catastrophe losses hit $963 million, versus just...
Jan 8 2019 // Several insurance companies have filed lawsuits blaming Pacific Gas & Electric Co. for a deadly California wildfire that destroyed 14,000 homes and triggered billions of dollars in insurance claims.The lawsuits filed...
Dec 17 2018 // Allstate Corp. tumbled for nine straight days, the longest string of losses since 2001, as coverage costs from the deadliest fires in California’s history are tallied.The company seemed to have “out-sized...
Dec 13 2018 // Allstate this week announced estimated catastrophe losses for the month of November 2018 of $685 million, pre-tax ($541 million, after-tax).Catastrophe losses occurring in November comprised six events at an estimated cost...
Dec 3 2018 // State Farm, Allstate and USAA have the lion’s share of exposure from the magnitude 7.0 earthquake that struck Alaska on Nov. 30, according to a Morgan Stanley Research brief put out on Monday.The epicenter was...
Nov 9 2018 // Allstate Corp., the automobile and home-insurance giant, is exploring a sale of its fixed-annuities business, which stopped selling new policies about five years ago, people familiar with the matter said.The insurer is...
Sep 21 2018 // The Allstate Corporation said estimated catastrophe losses for the month of August were $186 million, pre-tax ($147 million after-tax). Catastrophe losses occurring in August comprised 16 events at an estimated cost of...
Sep 17 2018 // Illinois-based insurer, Allstate, has named Brownsville, Texas, the city with America’s safest drivers. In fact, including Brownsville, five of the top 10 cities with the nation’s safest drivers are in...
Aug 30 2018 // Illinois-based insurer, Allstate, has named Brownsville, Texas, the city with America’s safest drivers.The ranking is based on Allstate claims data. The 14th annual Allstate America’s Best Drivers Report...
Aug 27 2018 // The Allstate Corp. has agreed to acquire InfoArmor, a provider of employee identity protection, for $525 million in cash.The insurer said it sees “significant opportunity to cross sell” the new product through...
Jul 16 2018 // Self-driving cars promise safer roads, less traffic and increased mobility. Some autonomous vehicle proponents also maintain they will save time and money. But will they really save Americans time and money? And even if...
Jul 3 2018 // Self-driving cars promise safer roads, less traffic and increased mobility.Some autonomous vehicle proponents also maintain they will save time and money. But will they really save Americans time and money? And even if...
Jun 29 2018 // Artificial intelligence is coming for the service economy, according to Allstate Corp. Chief Executive Officer Tom Wilson.“It’s going to rip through this economy like a tsunami,” Wilson said Thursday in...