Allstate News

Allstate Reports 13% Increase in Profits Due to Better Margins, Claims Costs

Allstate Corp., the largest U.S. publicly traded seller of auto and home insurance, said first-quarter profit rose 13 percent as margins improved at the property/liability business and catastrophe losses fell. Net income climbed to $677 million, or $1.53 a share, …

Bell and Smith Top Allstate’s List of Stormiest Texas Counties

Texas storms affected more Allstate insured homes and cars in Bell county than any other part of the state over the past five years, while Smith county saw the highest frequency of lightning. Allstate tallied the top 25 Texas counties …

Allstate Releases New Digital Claims Payment Method

With just an email address or mobile phone number, consumers can now get an Allstate claim payment made directly to their bank account in a single day with Fast Mobile e-Payments, now available in the new Allstate ExpressPays portfolio. Working …

Allstate Reorganizes Management, Focus on Customers

Allstate Corp. announced Wednesday a management shake-up in a reorganization aimed at focusing attention closely on customers and improving efficiency of operations. Allstate said that Matt Winter, president of the company’s personal insurance division, will move become president of Allstate …

Hazards Exist in Hosting Home Holiday Parties: Allstate

Holiday “ugly” sweaters have grown in popularity across the nation and will likely make an appearance with the 83 percent of Americans who plan to party this season. A new Allstate poll indicates 54 percent of Americans will host holiday …

Allstate to Join Consortium Researching Benefits of Using Drones

In an effort to learn more about how unmanned aerial vehicles, commonly referred to as drones, can improve the property claims process, Allstate Insurance Company will join a consortium dedicated to the research and development of drones. Drones used for …

Allstate Ranks Safest Cities for Driving in Rain and Snow

This winter will have higher than average precipitation in the Southern United States, according to a prediction by the National Oceanic and Atmospheric Administration. On the heels of this report, Allstate Insurance Company released its America’s Best Drivers Report. The …

Homeowners Concerned About Property but Content Inventories Remain Rare

Despite big storms and wildfires highlighting the need, home inventories are rare, say industry experts. A recent survey, conducted by Allstate, of Atlanta homeowners found that while than more than 90 percent of homeowners were concerned about protecting their homes, …

Allstate Ranks Texas’ Top 25 Counties for Hail, Wind and Lightning

Texas storms clobbered more Allstate insured homes in Midland than any other part of the state over the past five years, while Smith county saw the highest frequency of lightning. Allstate tallied the top 25 Texas counties affected by severe …

Three Largest Home Insurers in Texas Plan to Raise Rates

Texas’ three largest home insurers are kicking off 2014 with steep increases in policyholder premiums, according to a report published Saturday. The Dallas Morning News reports that Allstate, Farmers and State Farm plan to raise rates for most current and …