Analysis: State Farm Wins Again With Better J.D. Power Scores Than GEICO July 18, 2022 By Susanne Sclafane When Warren Buffett told Berkshire Hathaway investors that State Farm continues to dominate the large auto insurance carrier landscape during...
Allstate Outlines ‘Surgical’ Auto Rate Hikes to Combat Inflation May 6, 2022 By Chad Hemenway Rate increases in Allstate’s auto insurance business are in integral part of the insurer’s overall plan to address the impact...
Allstate Q1 Net Income Returns to Black Despite Adverse Auto Results May 4, 2022 By Chad Hemenway First quarter 2022 insurance premiums earned grew 6.5% to about $11 billion at Allstate Corp., as net income was $630...
Allstate to Increase Magnitude of Auto Rate Hikes in 2022 April 25, 2022 By Chad Hemenway Allstate said it is raising auto insurance rates more due to continued upticks in physical damage and bodily injury severity....
Rate Hikes, Telematics, Data Science Leading Allstate Back to Profit March 25, 2022 By Susanne Sclafane For the second time this month, a personal auto insurance giant devoted an investor conference to the topic of rate...
Insurers, Brokers Among Those Named World’s Most Ethical Companies March 22, 2022 Two property and casualty insurers and two brokers were included within a list compiled by Ethisphere of the most ethical...
Arizona Auto Insurance Rates Rising on Heels of COVID March 22, 2022 By David Wichner As if spiraling gas prices weren’t enough, motorists across Arizona and the nation are paying more for auto insurance as...
Q4 Net Income Drops 50% for Allstate on Higher Auto Claims February 3, 2022 Allstate Corp. said fourth quarter 2021 net income plummeted 50% compared to results of the prior year quarter as auto...
Top 10 Midwest Insurance Journal Stories of 2021 December 30, 2021 By Ezra Amacher News of an Ohio jury’s conclusion that major pharmacy chains helped fuel the opioid crisis and a 6th Circuit’s reversal...
Allstate Inks $232M Deal to Sell Most of Campus in Illinois November 29, 2021 The Allstate Corp. announced it has reached an agreement to sell the property making up the majority of its campus...