Allstate News

Business Moves: Xceedance, Verisk, Allstate, Say, NORCAL Mutual

Xceedance Establishes London Office Xceedance, a global provider of property/casualty insurance technology, analytics and consulting services, has established an office in London to serve the European, Middle East and Africa (EMEA) market, according to a company announcement. Xceedance is a …

Allstate Sees Unrivaled Chance for Wealth Creation in Transport

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 on inevitable changes to the system. …

Allstate’s Latest Report Finds Safest Drivers Located in Suburbs

With Labor Day ahead and back-to-school traffic adding to road congestion, Allstate’s 2016 America’s Best Drivers Report reveals motorists in certain cities are safer drivers when navigating the gridlock, and their suburban counterparts frequently perform better. The report finds that …

New Jersey Officials Recover $3.5M, Allstate $20M in PIP Fraud Cases

New Jersey insurance officials said they have recovered $3.5 million in a personal injury insurance fraud case involving chiropractors, physicians, medical facilities, billing companies and others. In a case connected to the same operation, Allstate Insurance recovered more than $20 …

Allstate Ranks Safest Cities for Drivers

For the first time ever, Brownsville, Texas, is the safest-driving city on Allstate’s 12th annual America’s Best Drivers Report. The report serves as an important safe-driving reminder as motorists prepare to hit the roads for the July Fourth holiday – …

Georgia Allows Allstate Auto Insurance Rate Hike

Allstate can go ahead raise auto insurance rates for Georgia drivers later this month because a state review of the planned increase won’t be done in time to stop the higher rates from taking effect, state regulators said. State Insurance …

Allstate Eyes Drones to Improve Customer Experience After Catastrophes

Allstate announced a major shift for the insurance industry as it embraces drone technology to further improve customer service. The company has been participating in drone test flights for use in property claims, the company announced. Following years of independent …

Allstate’s Profits Slide as Auto Claims Rise

Allstate Corp., the largest publicly traded U.S. car and home insurer, said third-quarter profit slipped 17 percent as claims rose and policy growth slowed in the automobile-coverage business. Net income decreased to $650 million, or $1.54 a share, from $781 …

New FAA Ruling Clears Way for Property Drone Consortium Members to Fly Drones

Allstate and the Property Drone Consortium, a group of insurers, construction industry leaders and others supporting drone research, announced that a new FAA ruling will allow the consortium to fly drones for property claims research on behalf of customers. The …

Stolen 1972 Corvette Stingray Reunited With Owner

A car stolen 43 years has been returned to its original owner, according to Allstate Insurance. Terry Dietrich bought the 1972 Corvette Stingray when she was 19 using money from her first job to make a down payment. Just six …