Latest Allstate Headlines

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

Distribution Overpowers Underwriting. How CNA Ex-CEO Chookaszian Views Industry’s Past, Present and Future

Jun 1 2018 // The former chief executive of an insurance company believes the center of value of the property/casualty industry has shifted away from one of the activities that would seem to define an insurance risk-taking enterprise:...

Fired Allstate Employee Awarded $18M by California Jury

May 7 2018 // A former Allstate Insurance Co. employee who was fired following an arrest has been awarded more than $18 million in damages.The San Diego Union-Tribune reports a San Diego jury awarded 55-year-old Michael Tilkey about...

Allstate: Collin County Is Texas’ Stormiest

Mar 1 2018 // Texas storms affected more Allstate insured homes in Collin County than any other part of the state over the past ten years. Allstate tallied the top 25 Texas counties affected by severe weather, identifying areas with...

Investments, Tax Cuts Boosted Allstate Profit in Q4

Feb 8 2018 // The Allstate Corp., like many carriers, faced an enormous hit from natural catastrophe losses in the 2017 fourth quarter. Investment returns soared by double digits, however, and the Trump tax cuts gave it a one-time gain,...

Esurance Now Offering Rideshare Coverage in California

Jan 31 2018 // Esurance has launched a new insurance option for Californians who drive for rideshare companies, such as Uber and Lyft, that offers protection whether the driver is waiting for a ride request, on the way to pick up a...

3 Changes at the Top at Allstate as Winter to Retire as President

Jan 5 2018 // Allstate announced three senior leadership promotions in preparation for the retirement of Matt Winter, president of The Allstate Corp. The promotions include Steve Shebik to vice chairman of The Allstate Corp., Glenn...

Allstate Sues Former Agent Over EA Agreement in Mass. Federal Court

Nov 20 2017 // Allstate is suing one of its former agents in United States District Court for the District of Massachusetts, alleging the agent breached a one-year non-compete clause by misusing Allstate’s confidential information...

Allstate Sues Former Agent Over EA Agreement in Mass. Federal Court

Oct 31 2017 // Allstate is suing one of its former agents in United States District Court for the District of Massachusetts, alleging the agent breached a one-year non-compete clause by misusing Allstate’s confidential information...

Northern California Wildfires: Insurance Industry Ready to Assist With ‘Massive’ Recovery

Oct 20 2017 // Rebuilding the Northern California areas devastated by wildfire will be a long-term effort, and insurers say they will be there to help their affected policyholders get back on their feet.Tens of thousands of evacuees...

With Hurricane Losses Insurers Downgrade Anticipated Profit Goals

Oct 2 2017 // Allstate expects insurance losses of about $593 million for August mainly due to Hurricane Harvey, which left a path of destruction along the Gulf Coast.The initial accounting follows warnings from other insurers that are...

Allstate Would Consider Selling Private Flood Insurance If Federal Program Is Revamped

Sep 21 2017 // Allstate Corp.’s Chief Executive Officer Tom Wilson on Tuesday called on U.S. lawmakers to overhaul a government subsidized flood insurance program, calling for a more streamlined system that does not overburden...

Allstate To Create 2,250 Jobs With North Carolina Expansion

Aug 21 2017 // Allstate Insurance Co. plans to more than double its North Carolina workforce by expanding in the Charlotte area, creating 2,250 new jobs by 2020. Gov. Roy Cooper and leaders of the nation’s largest publicly-traded...

Ex-Esurance Worker in South Dakota Sues Over Alleged Discrimination

Aug 18 2017 // A former Esurance call center worker in South Dakota is suing the insurance company alleging discrimination and harassment because he’s Jewish.The Argus Leader reports that Brandon Marshall filed the federal lawsuit...

Allstate To Create 2,250 Jobs With North Carolina Expansion

Aug 11 2017 // Allstate Insurance Co. plans to more than double its North Carolina workforce by expanding in the Charlotte area, creating 2,250 new jobs by 2020. On Wednesday, Gov. Roy Cooper and leaders of the nation’s largest...

Allstate Doubles Q2 Profit

Aug 2 2017 // Allstate saw its profit more than double thanks to increased premiums, strong investment results and lower auto insurance claims frequency. Net income was $550 million for the second quarter of 2017 compared to $242...

Allstate’s Kennelly Joins Hub International as Head of Human Resources

Jul 25 2017 // Chicago-based global insurance brokerage Hub International Limited (Hub) has appointed Amber Kennelly chief human resources officer.Kennelly will be responsible for all HUB human resource strategic initiatives including...

Answer Financial Expands Insurance Comparison Site Into Homeowners Segment

Jul 25 2017 // Answer Financial, a personal lines insurance agency in the U.S., has expanded its insurance comparison platform to include homeowners and condo insurance. The expansion enables shoppers to compare rates and customize...

Esurance Co-Founder Wallace Joins Crowdsourced Insurer Reviewer Clearsurance

Jul 13 2017 // Esurance co-founder and former executive Chuck Wallace has joined Clearsurance, a crowdsourced review and ratings platform for the insurance industry, as an independent director.Wallace has held senior operating roles in...

Allstate’s Encompass Insurance to Exit Massachusetts This Summer

Jun 5 2017 // Encompass Insurance, an Allstate Insurance company that sells business through independent agents, outlined in its first quarter 2017 earnings release its intent to withdraw from Massachusetts starting in late June as part...

Allstate’s Encompass Insurance to Exit Massachusetts This Summer

May 11 2017 // Encompass Insurance, an Allstate Insurance company that sells business through independent agents, outlined in its first quarter 2017 earnings news release its intent to withdraw from Massachusetts as part of its profit...