Allstate News

Baltimore on the Bottom for Auto Crashes; Brownsville, Texas Stays on Top

Baltimore, Maryland retained its title as the most accident-prone metropolitan area in the nation for automobiles, while Brownsville, Texas took the No. 1 spot for auto safety, according to Allstate’s annual America’s Best Drivers Report. The careful motorists in Brownsville …

Allstate, State Farm Sue Medical Providers for Fraudulent Billing

Two insurance carriers filed separate lawsuits last week against medical doctors and their pain-management clinics, accusing them of submitting bills for unnecessary medical procedures performed on vehicle-accident victims. State Farm Mutual Auto Insurance Co. filed suit in the U.S. District …

Lyft and Uber Fly to Hawaii to Build Their Own Captive Insurers

Ride-sharing giants Lyft Inc. and Uber Technologies Inc. seem to have found the same solution for dealing with the risks of managing millions of drivers on the road: Creating their own insurers in Hawaii. On Friday, Lyft told potential investors …

Top 5 Most Popular Claims Journal Articles of 2018

After highlighting the top 10 contributed articles and the top 10 videos/podcasts of 2018, we now look at the top 5 most popular articles of 2018 published by Claims Journal: Today is the Deadliest Day of the Year for Car …

Biggest Cat Losses of the Past Decade Hit U.S. Insurers

Wildfires, hurricanes, tornadoes, hail storms, Nor’easters and mudslides. A string of disasters has pummeled the biggest U.S. insurers over the past year, and the second quarter was no exception. Allstate Corp. estimated its pretax catastrophe losses at $906 million for …

Allstate Files $2M Fraud Lawsuit Against No-Fault Healthcare Firms, Owners

Allstate announced it filed a lawsuit to recover more than $2 million in damages against thirteen professional corporations, including All County Diagnostic Chiropractic Services, P.C., Alliance Spine Associates, L.L.C., Haar Orthopedics & Sports Medicine, P.C., Horizon Anesthesia Group, P.C., Main …

Allstate CEO: AI Will Thrash the Economy Like a ‘Tsunami’

Artificial intelligence is coming for the service economy, according to Allstate Corp. Chief Executive Officer Tom Wilson. “It’s going to rip through this economy like a tsunami,” Wilson said Thursday in an interview on Bloomberg TV from Aspen, Colorado. Automation …

Adjusters Can be Sued Individually for Bad Faith in Washington

A recent Washington Court of Appeals ruling opens the door to bad faith lawsuits naming individual insurance adjusters. The case involves Moun and Aung Keodalah versus Allstate Insurance and Tracey Smith, the adjuster who worked for Allstate and handled his …

Insurers Downgrade Anticipated Profit Goals Amid Hurricane Losses

Allstate expects insurance losses of about $593 million in August after Hurricane Harvey left a path of destruction along the Gulf Coast. The initial accounting Thursday follows warnings from other insurers that are tallying the damages from a hurricane season …

Fewer Ladders, More Drones Being Used to Adjust Harvey Claims

Insurance adjusters are bringing more drones with them than ever before as they head to Texas to assess the damage from Harvey. Companies are using the drones on a much larger scale to record images, save time and spare human …