The National Auto Body Council (NABC) presented Allstate with its 2025 President’s Award during the NABC Lone Star Changing and Saving Lives Golf Fundraiser, presented by Enterprise, on April 7 in Dallas, Texas. The President’s Award recognizes the NABC member company that supports the organization’s mission through the donation of time and resources. Allstate was […]
Progressive Closes Gap with State Farm as Top U.S. Auto Insurers Reshape Market in 2025
Private passenger auto insurance premiums earned surpass $369 billion. Total direct premiums earned on private passenger auto insurance reached $369.6 billion in the U.S. in 2025, up 5.6% from $349.9 billion in 2024, according to data released March 18 by the National Association of Insurance Commissioners (NAIC). The growth rate moderated significantly compared to recent […]
New Hampshire Drivers See Auto Insurance Rate Cuts From Major Carriers
Several major auto insurers have reduced personal auto insurance rates in New Hampshire, with approved decreases ranging from 3% to 11%, the New Hampshire Insurance Department announced March 5. The rate reductions are part of a broader national trend of declining personal auto premiums as claims severity and collision claims ease after years of sharp […]
Florida’s Top 5 Auto Insurance Groups Indicate Average 8% Rate Decrease for 2026
Insurance commissioner credits legislative reform for reductions. Florida’s five largest auto insurance groups are indicating an average rate decrease of 8% for 2026, Florida Insurance Commissioner Mike Yaworsky announced March 5. The five groups — Progressive, Berkshire Hathaway (GEICO), State Farm, Allstate and USAA — collectively represent 78% of Florida’s auto insurance market. One of […]
Georgia Insurance Commissioner Announces Auto Insurance Rate Reductions Totaling $25 Million in Savings
Georgia Insurance and Safety Fire Commissioner John F. King announced auto insurance rate reductions from Allstate North American Insurance Company and three Country Mutual Insurance affiliates, with combined projected savings of approximately $25.2 million for Georgia policyholders. Commission King announced Feb. 9 that Allstate filed a 5% reduction in private passenger auto insurance rates, projected […]
Allstate Reports $10.2 Billion Net Income for 2025
Auto policies in force up compared to previous year. The Allstate Corporation reported fourth-quarter net income of $3.8 billion and full-year net income of $10.2 billion for 2025, more than doubling its 2024 performance while simultaneously reducing premiums for millions of auto insurance customers. The insurer reported total revenues of $17.3 billion in the fourth […]
Allstate’s Mike Bundra Joins Plasnomic Plastic Repair Council
Plasnomic announced Mike Bundra, auto technical claims director at Allstate Insurance Co., has joined its Plastic Repair Alliance Council. Bundra joins executives from collision repair, supply and insurance sectors working to develop standards for automotive plastic repairs. He has more than 16 years of technical and operational experience at Allstate in claims operations, repair network […]
Record 122 Million Travelers Expected in U.S. During Year-End Holidays
Over 109 million to travel by auto during holiday season. A record 122.4 million Americans are expected to travel at least 50 miles from home during the year-end holiday period, with lower gas prices and increased driving risk combining to create what analysts say will be one of the busiest and most dangerous travel seasons […]
Allstate Companies to Lower Louisiana Auto Insurance Rates in December, January
Two Allstate insurance companies will decrease personal auto insurance rates in Louisiana following approvals from the state insurance department. Insurance Commissioner Tim Temple approved a 7.6% rate decrease for Allstate North American Insurance Company affecting 10,746 personal auto policyholders statewide. The change takes effect Jan. 8, 2026. Temple also approved a 15% decrease for Encompass […]
CAPA Elects Five New Members to Board of Directors
New members include representatives from major collision repair and insurance companies. The Certified Automotive Parts Association (CAPA) yesterday announced the election of five new members to its Board of Directors. Joining the Board are: Michael Bundra, Allstate; Brian Burbridge, Caliber Collision; David Garner, Joe Hudson’s Collision Center; Tom Latronico, Liberty Mutual; and Kayla Williams-Clark, Classic […]
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