New space will help attract data and innovation specialists to drive advancements in research, analytics and telematics. Allstate announced plans to establish an innovation hub at the Merchandise Mart in downtown Chicago. The 45,000-square-foot office will bring nearly four hundred jobs to Chicago, primarily in the company’s Quantitative Research & Analytics (QR&A) and Connected Car […]
Allstate Reports Growth in Auto Premiums Written in 2015
While premiums are growing, so are auto accidents. The Allstate Corporation (ALL) yesterday reported financial results for the fourth quarter and full year 2015. Auto insurance net premiums written for all three brands, Allstate, Esurance and Encompass, grew 5.1 percent to $20.7 billion in 2015 versus $19.7 billion in 2014. Allstate brand auto, the largest […]
Allstate Names Cities With Lowest Collision Frequency Factoring in Precipitation
As Americans get ready to embark on holiday road trips to visit friends and family, scientists are warning that one of the strongest El Niños on record could bring unusually wet conditions to roads in much of the country. And while this added precipitation might result in mayhem in some places, the 2015 Allstate America’s […]
Allstate Loses Court Appeal to Strike State Insurer-Owned Shop Ban
Judges affirm earlier decision that Texas law banning insurer-owned shops should stand. The U.S. Court of Appeals, 5th Circuit, New Orleans, has affirmed an earlier court’s decision that ruled it is legal for a state to ban insurance company ownership of collision repair facilities. In the initial 2006 decision, a U.S. District Court in Dallas […]
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