Allstate News
Allstate CEO Wilson Warns AI Will Slam Economy With ‘Tsunami’-Like Force
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 ...
P/C Insurers Struggle to Match the Digital Customer Service Wizardry of Others: J.D. Power
Property/casualty insurers have a long way to go toward meeting customer expectations about their digital interactions, the new J.D. Power 2018 Insurance Digital Experience Study found. J.D. Power ...
The Latest Launches From Allstate and Sompo International
Allstate said it has started marketing a pay-per-mile auto insurance product for New Jersey drivers. Sompo International Holdings released a new group of weather-driven risk management products for ...
Amazon’s Rumored Interest in Home Insurance Put Into Perspective
As the largest U.S. insurers gathered at the Marriott Marquis hotel in Times Square to discuss the prospects for their industry, a threat to that future emerged from the nation's other coast. ...
Allstate’s Net Income Grew in Q1; A Surprise Dip in Auto Accident Frequency Helped
An unexpected decline in auto accident frequency helped The Allstate Corp. soar in its 2018 first quarter, along with lower catastrophe losses. The Illinois-based insurer also credits the Trump tax ...
Allstate’s Q4 Excelled With Underwriting, Investment Income and Tax Cut Gains
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 ...
The Latest Launches From The Hartford and Esurance
The Hartford said that it has added some new bells and whistles to its online business quoting system for agents and brokers. Esurance is getting into the rideshare insurance business in California, ...
The Latest Launches From Beazley and Allstate
Beazley is adding more new options to its Breach Response coverage for small and midsize policyholders in the United States. Allstate Roadside Services is expanding a pilot program with Lyft designed ...