Allstate is dropping about 10,000 South Carolina home insurance customers. The company is dropping customers who don’t also carry Allstate auto coverage, have older homes and have homes insured for less than $220,000. Allstate is the second-largest writer of homeowner …
There was a time not long ago when most everyone working in claims were men, but current statistics and leadership programs are proving that’s no longer true, at least in the case of large insurers that include female leadership programs …
Allstate Insurance is seeking to recover more than $1.1 million from sixteen New York-area defendants in its ninth insurance fraud lawsuit of 2011. The complaint, filed in Federal District Court, on December 30, 2011, as a Declaratory Judgment/Recovery action, alleges …
Allstate announced a new Claim Satisfaction Guarantee, promising customers satisfaction with their auto claim service or receive a credit to their auto policy. Under the feature, eligible customers who are dissatisfied in any way with the service on a paid …
If all states implemented comprehensive graduated driver licensing (GDL) laws, an estimated 2,000 lives could be saved. Further, if all 50 states were to enact comprehensive GDL laws, it could generate savings of $13.6 billion per year. That’s according to …
Some North Carolina residents who insure their residences through Allstate are finding themselves dropped by the company for refusing to bundle their home and auto coverage. Allstate Insurance Co. has informed 45,000 homeowners that it will non-renew their homeowner’s policy …
Allstate Corp’s board of directors has approved a new $1 billion share repurchase program. The Northbrook, Illinois-based company will issue a combination of preferred stock and senior unsecured notes totaling $1.25 billion to fund the buyback, which is expected to …
Seeking to recover $4.5 million from medical providers in a scheme to allegedly bill insurance companies for procedures that were medically unnecessary and/or inappropriate, Allstate Insurance Company, filed counterclaims and complaints against the perpetrators. Allstate filed counterclaims and a third …
A Pennsylvania court has ruled that an exclusion in underinsured motorist coverage for injuries incurred while on a motorcycle applies to motorcyclists injured after being thrown off their bikes. An underinsured motorist coverage from Allstate contained an exclusion for injuries …
Nearly six in 10 Americans favor a federal law to establish minimum requirements and driving restrictions for teen drivers. A recent national survey from Allstate Insurance shows that support for a national graduated driver licensing (GDL) law corresponds with low …