Latest Allstate Headlines

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

Allstate’s Sadler Moves to Answer Financial as Director of Carrier Relations

May 5 2017 // Jeff Sadler has joined online insurance agency Answer Financial as director of Carrier Relations. Sadler will oversee strengthening the agency’s carrier platform to meet the needs of its growing customer base. He...

Allstate Q1 Profit Way Up as Auto Line Improves

May 3 2017 // Allstate saw its first quarter profit take a big jump this year to $666 million, up from the $217 million reported for the first quarter of 2016.Total revenue of $9.4 billion in the first quarter of 2017 increased by 6.3...

Allstate’s Catastrophe Losses Topped $780 Million in Q1

Apr 20 2017 // The Allstate Corp. announced estimated catastrophe losses for the month of March 2017 of $516 million, pre-tax ($335 million after-tax), and an estimated $781 million, pre-tax ($508 million after-tax), for first quarter...

Allstate Joins Firms Pulling Ads from ‘O’Reilly Factor’

Apr 5 2017 // More companies, including carmaker BMW and insurer Allstate, have pulled their advertising from Fox News’ “The O’Reilly Factor” television program days after the New York Times reported Fox and star...

Esurance Lays Off 30 Workers in South Dakota

Mar 31 2017 // About 30 Esurance employees in Sioux Falls have lost their jobs as part of cuts within the insurance company. The Argus Leader reports that has Esurance cut 100 jobs, mostly in Sioux Falls and in two California locations....

Allstate Ranks Collin, Smith as Texas’ Stormiest Counties

Mar 28 2017 // Storms in Texas affected more Allstate insured homes in Collin County than any other part of the state over the past five years, while Smith County saw the highest frequency of lightning, the company says. Allstate...

Fraud Investigations in Washington Lead to 2 Guilty, 2 Charged

Mar 9 2017 // Two people were found guilty of felonies and two others were charged in connection with insurance fraud investigations in Washington by Insurance Commissioner Mike Kreidler’s criminal investigations unit.Alhagie...

Insurance Safety Institute Elects Board Members; Allstate’s Yager Becomes Chairman

Feb 10 2017 // The Insurance Institute for Highway Safety is pleased to announce the election of Floyd M. Yager as the new chairman of its board of directors. Yager is senior vice president, property product management, Allstate...

Allstate Profit Up for 2016 Despite Higher Catastrophe Losses

Feb 3 2017 // Allstate ended 2016 with a solid profit thanks to premium hikes and tighter underwriting, despite a $853 million jump in catastrophe losses over the previous year.The property/casualty insurer ended up with more than $2.5...

Allstate’s ‘Worth Telling’ Campaign Celebrates Black History Month

Jan 30 2017 // In celebration of Black History Month, which begins Feb. 1, Allstate Insurance Co. is launching its annual digital, social and radio campaign, “Worth Telling.”“We are celebrating Black History Month by...

Device Insurer Bought by Allstate for $1.4 Billion Lost Money Last 5 Years

Jan 5 2017 // Allstate Corp. said that the mobile-device insurer that it acquired for $1.4 billion had posted five years of losses before the deal.SquareTrade Holding Co.’s annual loss narrowed to $26.5 million in 2015 from $37.4...

Allstate Continues Its Technology Drive, Invests in Autonomous Vehicle Research at Stanford

Dec 15 2016 // Allstate Insurance Co., the nation’s largest publicly-held personal lines insurer, is continuing its drive into new technology, agreeing to a multi-year research project with the Intelligent Systems Laboratory at...

Allstate to Pay $1.4 Billion for SquareTrade, Seller of Warranties for Mobile Devices, Appliances

Nov 28 2016 // The Allstate Corp. agreed to acquire SquareTrade, a consumer electronics and appliance protection plan provider that distributes through many of America’s major retailers. Allstate said it will acquire the...

Allstate, Esurance Take Hit from Losses in Q3

Nov 4 2016 // Catastrophe losses climbed 78 percent for Allstate in its 2016 third quarter, a trend that led to a double-digit drop in net income and higher losses for Esurance, its online auto and home insurance provider.The...

Could Allstate’s ‘5 Minute’ Small Business Policy Transform Commercial Lines Sales?

Oct 19 2016 // At a time when technology startups are also targeting the small commercial insurance market, giant Allstate has debuted a hi-tech business insurance quoting platform that it says makes it possible for small business owners...

Esurance Doubles-Down on Election Coverage Prank with Sweepstakes

Oct 10 2016 // Online insurance seller Esurance, which offered fake Election Insurance in an April Fools’ Day prank that it says created a “furor of demand” from Americans this election year, has created a sweepstakes...

Allstate CEO Driven by Opportunity in Transportation Disruption

Sep 14 2016 // Allstate Corp., the largest publicly traded U.S. home and auto insurer, said the country’s transportation network is highly inefficient, with vehicles sitting idle for most of the day, and that the company is betting...

Allstate Offers Home-Sharing Insurance Endorsement in Michigan

Aug 25 2016 // Allstate is now offering a home-sharing endorsement in Michigan for homeowner insurance customers who rent out their homes on a temporary basis.With participation in the home-sharing economy expected to quadruple over the...

North Carolina Agent Accused of Submitting Fraudulent Auto Policies to Allstate

Aug 22 2016 // A North Carolina insurance agent has been arrested and accused of creating false auto policies, according to a statement from North Carolina Insurance Commissioner Wayne Goodwin. Eddie Ray Butler, 29, formerly of...

Allstate Launches Stand-Alone Telematics Unit

Aug 4 2016 // Allstate Corp. Chief Executive Officer Tom Wilson created a stand-alone unit for a telematics business that he expects to grow rapidly by collecting data on drivers and selling analytics products to third parties.The firm...