Allstate News
Allstate’s Q2 Profit Doubles Thanks to Higher Premiums, Investment Gains
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 ...
Allstate Boosting Its Sales Force in Washington, Oregon
Allstate Insurance Co. is boosting its sales force in Washington and Oregon to keep pace with growing consumer demand for insurance and financial products and services in those states. Allstate is ...
Allstate Discloses $235M in Pre-Tax Catastrophe Losses for April
The Allstate Corp. disclosed $235 million in pre-tax catastrophe losses for April. Broken down, the number encompasses 11 catastrophe events that cost the insurer $229 million pre-tax, plus ...
Allstate’s Q1 Profit Soars; Auto Line Pricing Improvement Progresses
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 ...
Allstate, Others Pull ‘O’Reilly Factor’ Ads After NYT Harassment Report
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 ...
The Hartford, Allstate Among World’s Most Ethical Companies
The Hartford and Allstate both made a list of the World's Most Ethical Companies in 2017. This marks the ninth year The Hartford has received the designation from the Ethisphere Institute, experts in ...
Allstate, GEICO Execs Assume Chair Slots at Two P/C Insurance Research Institutes
Two executives – from Allstate and GEICO – have been named chairman of separate institutes focused on P/C insurance industry-related data. Floyd Yager senior vice president, property product ...
Allstate’s 2016 Ended With Solid Profit, Despite $835M More Catastrophe Losses
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 ...