Allstate News
Allstate Q1 Net Income Returns to Black Despite Adverse Auto Results
First-quarter 2022 insurance premiums earned grew 6.5 percent to about $11 billion at Allstate Corp., as net income was $630 million compared with a loss of about $1.4 billion during the first three ...
Allstate Increasing Magnitude of Auto Rate Hikes in 2022
Allstate said unfavorable non-catastrophe prior-year reserve re-estimates were approximately $160 million for first-quarter 2022, primarily driven by auto physical damage and bodily injury severity. ...
Executives on the Move at Allstate, MEMIC, Deloitte
Don Civgin, vice chair and CEO, Protection Products and Services at Allstate, has announced his decision to retire, effective May 1. Civgin joined the company as chief financial officer in 2008, ...
Executives on the Move at Guy Carpenter, Allstate, Hagerty
Guy Carpenter has appointed Julian Enoizi as global head of Public Sector, effective April 11, 2022. In this newly created role, Enoizi will work with the global team to identify opportunities to ...
Rate Hikes, Telematics, Data Science Leading Allstate Back to Profit
For the second time this month, a personal auto insurance giant devoted an investor conference to the topic of rate hikes, with Allstate executives also assuring listeners the carrier has various ...
Insurers, Brokers Among Those Named World’s Most Ethical Companies
Two property/casualty insurers and two brokers were included within a list compiled by Ethisphere of the most ethical companies in the world. The 16th annual report from Ethisphere, a company that ...
Is It Time to Sell the Building?
Even though representatives of Lloyd's of London prepared the world for the news last year, last month's headlines prompted some stunned reactions. One of those headlines—"Lloyd's Weighs Future of ...