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

New York Department of Financial Services Fines Allstate, State Farm, AIG, and Tri-State Insurance Companies $2.1 Million

November 5, 2020 By CollisionWeek Editor

New York State DFS logo

Allstate and State Farm also pay $10.6 million in restitution to consumers. New York State Superintendent of Financial Services Linda A. Lacewell announced that the Department of Financial Services (DFS) has fined Allstate Insurance Group, State Farm Insurance Group, AIG Property Casualty Company, and Tri-State Consumer Insurance Company a combined $2.1 million for violations of […]

Filed Under: News Tagged With: AIG, Allstate Insurance, Fines, Insurance Department, New York State, State Farm, Tri-State

Allstate Brand Auto Insurance Net Written Premiums Up 1.1% in Third Quarter

November 5, 2020 By CollisionWeek Editor

Allstate brand policies in force up just 0.1%. Company continues to advance its transformative growth plan. The Allstate Corporation (NYSE: ALL) reported total revenues of $11.5 billion in the third quarter of 2020 increased 3.9% compared to the prior year quarter, reflecting net realized capital gains of $440 million and a 1.9% increase in Property-Liability […]

Filed Under: News Tagged With: Allstate Insurance, Earnings

Allstate Announces 3,800 Staff Reduction as Part of Restructuring Plan

October 1, 2020 By CollisionWeek Editor

The Allstate Corporation (NYSE: ALL) announced that to lower costs, a restructuring plan is being implemented which will impact approximately 3,800 employees primarily in claims, sales, service and support functions. According to the company, the move is part of its multi-year Transformative Growth Plan with a goal to increase personal property-liability market share by expanding […]

Filed Under: News Tagged With: Allstate Insurance

Allstate Reports Revenue Up 0.5% in Second Quarter

August 5, 2020 By CollisionWeek Editor

The Allstate-brand auto insurance combined ratio was 83.9, down more than 8 points due to pandemic impact on driving. The Allstate Corporation (NYSE: ALL) today reported second quarter revenue of $11.2 billion in the second quarter of 2020 increased 0.5% compared to the prior year quarter, primarily driven by net realized capital gains of $704 […]

Filed Under: News Tagged With: Allstate Insurance, Earnings

Allstate Acquires National General

July 8, 2020 By CollisionWeek Editor

The Allstate Corporation (NYSE: ALL) announced it will acquire National General Holdings Corporation for approximately $4 billion in cash, or $34.50 per share. The transaction is expected to close in early 2021, subject to regulatory approvals and other customary closing conditions. “Acquiring National General accelerates Allstate’s strategy to increase market share in personal property-liability and […]

Filed Under: News Tagged With: Acquisitions, Allstate Insurance, National General

Consumer Groups Applaud Allstate And American Family Shelter-In-Place Auto Insurance Refunds

April 7, 2020 By CollisionWeek Editor

Groups urge other auto insurers to do the same. The Consumer Federation of America (CFA) and the Center for Economic Justice (CEJ) applauded insurers Allstate and American Family Insurance for promising premium relief to policyholders totaling $800 million. This reflects a sharp drop in auto insurance claims resulting from far fewer miles driven as millions […]

Filed Under: News Tagged With: Allstate Insurance, American Family, Auto Insurance, Center for Economic Justice, Consumer Federation of America, Coronavirus, Premiums

Allstate and American Family Announce Programs to Return Portion of Premiums to Auto Insurance Customers

April 6, 2020 By CollisionWeek Editor

Both Allstate Insurance and American Family announced programs to return a portion of paid insurance premiums back to customers given dramatic declines in driving and accidents in as a result of shelter-in-place orders from states around the country. As CollisionWeek reported on April 3, weekly fuel consumption declined substantially in the second half of March […]

Filed Under: News Tagged With: Allstate Insurance, American Family, Coronavirus, Premiums

Allstate Reports Fourth Quarter Revenue Up 21% Compared to 2018

February 6, 2020 By CollisionWeek Editor

Allstate Corp Auto Insurance Policies in Force

The Allstate Corporation (NYSE:ALL) reported total revenue of $11.47 billion in the fourth quarter of 2019 up 21.0% compared to the prior year quarter. Property-Liability insurance premiums earned increased by 5.4%. Allstate brand auto insurance net written premium grew 3.8%, and policies in force increased 1.5% in the fourth quarter of 2019 compared to the […]

Filed Under: News Tagged With: Allstate Insurance, Earnings

Allstate Announces Esurance Brand Will Be Retired in 2020 as Part of Growth Plan

January 2, 2020 By CollisionWeek Editor

The Allstate Corporation (NYSE: ALL) announced a new growth plan that leverages the Allstate brand, people and technology to accelerate growth in its personal property-liability business. Allstate, the fourth largest private passenger automobile insurer in the U.S. by premiums written in 2018, has seen its share of the auto market share decline in recent years. […]

Filed Under: News Tagged With: Allstate Insurance, Esurance

Allstate Ranks Safest Driving Cities When Factoring Population Density

August 27, 2019 By CollisionWeek Editor

Allstate 15 safest cities

Insurer announces $150,000 in grants for safety improvements on 15 Risky Roads. Drivers in Boise, Idaho, are the country’s safest when taking into account population density, according to the newest set of rankings from the 2019 Allstate America’s Best Drivers Report. Understanding there are many factors that contribute to car crashes, including number of cars […]

Filed Under: News Tagged With: Allstate Insurance, Best Drivers Report

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

Connect

  • Email
  • Facebook
  • LinkedIn
  • RSS
  • Twitter
  • YouTube

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems BASF Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Certification Collision Repair Education Foundation Copart Coronavirus Diagnostics Donations Earnings Florida General Motors I-CAR Insurance Auto Auctions Lawsuits legislation Mitchell International National Auto Body Council Network Affiliations New Jersey Non-OEM Parts Openings People PPG Industries Regulations Service King Collision Repair Centers Texas United Kingdom Women's Industry Network Workforce Development

Recent Articles

  • Classic Collision Acquires Collision Repair Centers in South Carolina and Texas June 24, 2022
  • Consumer Sentiment Declines on Inflation Concerns June 24, 2022
  • New Vehicle Sales Projected to Decline Again in June Compared to Last Year June 24, 2022
  • IBIS Global Summit Announced for Milan, Italy June 28-30, 2023 June 24, 2022
  • Christina Pletnewski Named Chief Marketing Officer at Safelite June 24, 2022
  • Auto Industry CEOs Call on Congress to Pass Semiconductor Funding ‘Critical’ to U.S. Competitiveness June 24, 2022
  • Federal Trade Commission Takes Action Against Harley-Davidson for Illegally Restricting Right to Repair June 23, 2022

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 1999-2021 - QuanDec Corporation - All Rights Reserved · Log in