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Allstate October Catastrophe Losses of $286M Include Milton, Helene

Nov 21 2024 // Allstate today said it estimated pretax catastrophe losses of $286 million for the month of October.Losses during October included $102 million, pretax, from Hurricane Milton as well as $144 million in unfavorable reserve...

Allstate Thinks Outside the Cubicle With Flexible Workspaces

Nov 18 2024 // After ditching two-thirds of its office space and selling its Chicago headquarters, Allstate Corp. realized that even employees who prefer working remotely still need a place to gather with their coworkers from time to...

Allstate Says It’s Ready to Grow Homeowners Line With All 3 Distribution Channels

Nov 18 2024 // Allstate said it sees opportunity where others may not — in homeowners insurance. And the insurer plans to use all three distribution channels to do it.Due to rising trends in the frequency and severity of...

Allstate Insurers Sue Hyundai, Kia to Pay for Claims From Defective Cars

Nov 14 2024 // A group of subsidiaries of Allstate have filed a subrogation suit against Hyundai and Kia to get back costs paid to insureds for damages when their cars suddenly erupted in flames.According to the lawsuit, now in U.S....

Allstate Says It’s Ready to Grow Homeowners Line With All 3 Distribution Channels

Nov 1 2024 // Allstate said it sees opportunity where others may not — in homeowners insurance. And the insurer plans to use all three distribution channels to do it.Due to rising trends in the frequency and severity of...

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