CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / Archives for Allstate Insurance

Allstate Reports Loss in Third Quarter Due to Higher Claims Costs, Reserve Reestimates and Lower Investment Income

November 3, 2022 By CollisionWeek Editor

Collision claim severity up 17% versus 2021. The Allstate Corporation (NYSE: ALL) reported total revenues of $13.2 billion in the third quarter of 2022 increased 5.8% compared to the prior year quarter reflecting a 9.8% increase in Property-Liability earned premium, partially offset by net losses on investments and derivatives in 2022 compared to net gains […]

Filed Under: News Tagged With: Allstate Insurance, Claims Severity, Earnings

Allstate Reports Auto Insurance Premiums of $7.9 Billion, Up 9.6% in Third Quarter

October 20, 2022 By CollisionWeek Editor

The Allstate Corporation (NYSE: ALL) today announced estimated results for the third quarter of 2022 of a net loss between $675 million and $725 million and adjusted net loss estimated between $400 million and $450 million. Property-Liability Premiums written increased 9.8% from Q3 2021 to $12.0 billion due to higher average auto and home insurance […]

Filed Under: News Tagged With: Allstate Insurance, Earnings

Allstate Announces August Implemented Auto Insurance Rate Increases

September 15, 2022 By CollisionWeek Editor

The Allstate Corporation (NYSE: ALL) announced the implemented auto insurance rate increases for August. The company has been raising auto insurance rates in response to increased claim severity. “Allstate continues to implement significant rate actions in the second half of 2022 in response to inflationary increases to auto insurance severities. During the month of August, […]

Filed Under: News Tagged With: Allstate Insurance

Allstate Reports Implemented Auto Rate Increases Averaging 8.1% Since Fourth Quarter 2021

June 16, 2022 By CollisionWeek Editor

The Allstate Corporation (NYSE: ALL) provided an update of its ongoing efforts to raise auto insurance rates in response to increased claim severity along with its monthly estimate of catastrophe losses for the month of May. “Allstate continued to implement meaningful rate actions in response to ongoing inflationary impacts on auto insurance severities. During the […]

Filed Under: News Tagged With: Allstate Insurance, Premiums

CIECA Announces New Members of Board of Trustee

January 3, 2022 By CollisionWeek Editor

The Collision Industry Electronic Commerce Association (CIECA) announced today that several CIECA Board of Trustees member companies named new representatives to sit on the board in 2022. “We welcome all of the new representatives to CIECA’s Board of Trustees,” said Paul Barry, CIECA’s executive director. “Their diverse backgrounds will enable them to best support CIECA’s […]

Filed Under: News Tagged With: Allstate Insurance, Axalta Coating Systems, Board of Trustees, CCC, Collision Industry Electronic Commerce Association, OEConnection, People, Society of Collision Repair Specialists, Solera

Allstate Donates Cars to Collision Repair Education Foundation

December 3, 2021 By CollisionWeek Editor

The donation of 17 cars helps students train to successfully enter the workforce upon graduation. The Collision Repair Education Foundation (CREF) announced that Allstate recently donated salvaged vehicles to 17 collision repair educational programs around the country to give students current model vehicles to work on. The donation also helps ensure students are successfully prepared […]

Filed Under: News Tagged With: Allstate Insurance, Career and Technical Education, Collision Repair Education Foundation, Donations

Allstate Sells Majority of Northbrook, Illinois Campus

November 29, 2021 By CollisionWeek Editor

The Allstate Corporation (NYSE: ALL) today announced it has reached an agreement to sell the property making up the majority of its campus in Northbrook, Illinois, to Dermody Properties for approximately $232 million. The sale is expected to close in 2022. Allstate is selling the property as employees have more choice about where they work […]

Filed Under: News Tagged With: Acquisitions, Allstate Insurance, Dermody Properties, Illinois

Allstate Says Supply Chain Disruptions Impacting Auto Insurance Collision Repair and Total Loss Costs in Third Quarter

November 5, 2021 By CollisionWeek Editor

Insurer reports auto frequency above last year, but below pre-pandemic levels. Severity up on higher repair costs and used vehicle price increases. The Allstate Corporation (NYSE: ALL) today reported total revenues of $12.5 billion in the third quarter of 2021 increased 16.9% compared to the prior year quarter, reflecting higher earned premiums from National General, […]

Filed Under: News Tagged With: Allstate Insurance, Claim Frequency, Claim Severity, Earnings

California Insurance Commissioner Orders Allstate, Mercury, and CSAA to Refund Excess Auto Insurance Profits Due to Covid or Face Legal Action

October 12, 2021 By CollisionWeek Editor

California Insurance Commissioner Ricardo Lara on October 6 directed three auto insurance companies to reimburse California drivers the excess premiums they were charged from the start of the pandemic, or face legal action. The Commissioner’s order is directed at Allstate Northbrook Indemnity Company, Mercury Insurance Company, and CSAA Insurance Exchange. Together, these companies insure approximately […]

Filed Under: News Tagged With: Allstate Insurance, California, Coronavirus, CSAA, Insurance Commissioner, Mercury Insurance

Allstate Acquires SafeAuto

June 2, 2021 By CollisionWeek Editor

Allstate SafeAuto logos

Will leverage its National General platform to grow personal property-liability business. The Allstate Corporation (NYSE: ALL) announced it has agreed to acquire SafeAuto, a non-standard auto insurance carrier focused on providing state-minimum private-passenger auto insurance with coverage options in 28 states. Total consideration includes a $270 million cash purchase price plus approximately $30 million in […]

Filed Under: News Tagged With: Acquisitions, Allstate Insurance, SafeAuto

  • 1
  • 2
  • 3
  • 4
  • Next Page »

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Annual Conference Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Collision Industry Electronic Commerce Association Collision Repair Education Foundation Coronavirus Crash Champions Diagnostics Donations Earnings Electric Vehicles Florida I-CAR Lawsuits legislation LKQ Corporation National Auto Body Council Network Affiliations New Jersey New Vehicle Sales Non-OEM Parts Openings People PPG Industries Regulations Right to Repair Scholarships Texas United Kingdom Workforce Development

Recent Articles

  • Liberty Mutual Insurance Donates $25,000 to Collision Engineering Career Alliance May 27, 2025
  • CARSTAR Adds Collision Repair Center in Deerfield Beach, Florida May 27, 2025
  • ProColor Collision Adds Repair Facility to Network in Van Nuys, California May 27, 2025
  • AASP/NJ to Host Virtual Customer Service Training Event June 10 May 27, 2025
  • 45.1 Million Americans Expected to Travel Domestically for Memorial Day May 22, 2025
  • U.S. Average Vehicle Age Rises to 12.8 Years in 2025 May 22, 2025
  • Doan Group Adds South Carolina Franchise May 22, 2025

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2025 - QuanDec Corporation - All Rights Reserved · Log in