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You are here: Home / Archives for Allstate Insurance

Brownsville, Texas Named Safest Driving City for Second Year in a Row

June 25, 2019 By CollisionWeek Editor

America's Best Drivers Report

Allstate’s 15th annual America’s Best Drivers Report ranks U.S. cities based upon collision frequency. Brownsville, Texas, has the safest drivers in America for the second year in a row, according to the 2019 Allstate America’s Best Drivers Report. Released in advance of July Fourth, the deadliest day on U.S. roads according to the Insurance Institute […]

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

Boyd Group Using Arity Virtual Assist Technology

May 28, 2019 By CollisionWeek Editor

Allstate announced that the Boyd Group is using Virtual Assist technology developed by its Arity subsidiary. The Boyd Group will use the communications technology at its Gerber Collision & Glass locations in the U.S. as well as its Boyd Autobody & Glass shops across western Canada and its Assured Automotive shops in eastern Canada. The […]

Filed Under: News Tagged With: Agreements Signed, Allstate Insurance, Arity, Boyd Group

Total Loss Valuation Class Action Lawsuit Filed Against Allstate and CCC in Alabama

May 10, 2019 By CollisionWeek Editor

Allstate Total Loss Lawsuit

Suit alleges auto insurer undervalues total loss claims using CCC’s software. In a Federal Class Action lawsuit filed in Alabama on Wednesday, plaintiffs allege that Allstate Insurance systemically undervalues automobile total loss claims using CCC ONE Market Valuation Reports. The complaint alleges that Allstate and CCC have engaged in a scheme to artificially deflate the […]

Filed Under: Feature Tagged With: Allstate Insurance, CCC, Lawsuits, Total Loss

Allstate Reports Revenue Up 12.5% in First Quarter

May 3, 2019 By CollisionWeek Editor

Auto Insurance Profitability Measures by Brand Q1 2019

The Allstate Corporation (NYSE: ALL) reported revenue of $10.99 billion for the first quarter of 2019, up 12.5 percent from $9.77 billion in the first quarter of 2018. Net income was $1.261 billion, up 29.1 percent from 2018. Adjusted net income was $776 million, due to a better than expected property and liability insurance underlying […]

Filed Under: News Tagged With: Allstate Insurance, Earnings

Allstate Reports Auto Policies in Force Up in Fourth Quarter

February 11, 2019 By CollisionWeek Editor

Allstate Corporation Auto Profitability Measures by Brand 2018 - 2017

Allstate brand auto net written premiums up 5.7 percent in 2018. Sees increase in total losses on newer vehicles due to increased part cost, technology and repair complexity. The Allstate Corporation (NYSE: ALL) reported financial results for the fourth quarter and full year of 2018. “Allstate continues to deliver strong operating results while building the […]

Filed Under: News Tagged With: Advanced Driver Assistance Systems, Allstate Insurance, Earnings, Total Loss

Allstate Donates $100,000 to Collision Repair Education Foundation

October 26, 2018 By CollisionWeek Editor

Allstate Insurance Company has contributed $100,000 to the Collision Repair Education Foundation. Industry donations such as Allstate’s assist the Foundation in its ability to support high school and college collision school programs, instructors, and students nationwide. “Collision repair education is exceptionally important in preparing the next generation of technicians,” says Allstate’s Claims Vice President Dave […]

Filed Under: News Tagged With: Allstate Insurance, Collision Repair Education Foundation, Donations, Workforce Development

Brownsville, Texas Regains Top Spot as Safest Driving City in America

August 30, 2018 By CollisionWeek Editor

The 14th annual Allstate America’s Best Drivers Report, released yesterday, named Brownsville, Texas, the city with America’s safest drivers. Based on Allstate claims data, the report aims to shine a spotlight on safe driving leading up to the busy Labor Day travel weekend – a particularly deadly time of year on the road, according to […]

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

Allstate Grew Auto Insurance Premiums and Policies in Force During Second Quarter

August 3, 2018 By CollisionWeek Editor

Allstate, the fourth-largest auto insurer in the U.S., announced it achieved total revenue of $10.1 billion in the second quarter of 2018 up 2.9 percent compared to the prior year quarter. Property and casualty insurance premiums earned increased 5.5 percent. “Allstate’s businesses continue to deliver excellent results, growth is accelerating and we are on pace […]

Filed Under: News Tagged With: Allstate Insurance, Earnings

Allstate Reports Revenue Up 6.1% in Fourth Quarter, Tax Cuts Save $506 Million

February 9, 2018 By CollisionWeek Editor

2017 Allstate Combined Ratios

Allstate brand auto net written premiums up 4.2 percent on growth in average premium. Accident frequency declined in the quarter. The Allstate Corporation (NYSE: ALL) reported financial results for the fourth quarter of 2017. In the fourth quarter, the company reported revenue of $9.843 billion, up 6.1 percent from $9.278 billion in the fourth quarter […]

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

Allstate Announces Senior Leadership Changes

January 5, 2018 By CollisionWeek Editor

Allstate announced three senior leadership promotions in preparation for the retirement of Matt Winter, President of The Allstate Corporation. The promotions include Steve Shebik to Vice Chairman of The Allstate Corporation, Glenn Shapiro to President of Allstate Personal Lines and Mario Rizzo to Chief Financial Officer. “These leadership changes demonstrate Allstate’s effectiveness in developing talent,” […]

Filed Under: News Tagged With: Allstate Insurance, People

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