Allstate Corp. said that the mobile device insurer that it acquired for $1.4 billion had posted five years of losses before the deal. SquareTrade Holding Co.’s annual loss narrowed to $26.5 million in 2015 from $37.4 million in 2014, Northbrook, …
As New Year’s Day, one of the deadliest days on the road, approaches, Allstate’s America’s Best Drivers Report reveals motorists in certain cities are safer drivers when making their way through winter weather road hazards. Allstate’s report finds that when …
An estimated 48.7 million Americans will travel 50 miles or more from home this Thanksgiving, an increase of one million travelers compared with last year, according to AAA. This represents the most Thanksgiving travelers since 2007. Driving remains most popular …
Xceedance Establishes London Office Xceedance, a global provider of property/casualty insurance technology, analytics and consulting services, has established an office in London to serve the European, Middle East and Africa (EMEA) market, according to a company announcement. Xceedance is a …
Allstate Corp., the largest publicly traded U.S. home and auto insurer, said the country’s transportation network is highly inefficient, with vehicles sitting idle for most of the day, and that the company is betting on inevitable changes to the system. …
With Labor Day ahead and back-to-school traffic adding to road congestion, Allstate’s 2016 America’s Best Drivers Report reveals motorists in certain cities are safer drivers when navigating the gridlock, and their suburban counterparts frequently perform better. The report finds that …
New Jersey insurance officials said they have recovered $3.5 million in a personal injury insurance fraud case involving chiropractors, physicians, medical facilities, billing companies and others. In a case connected to the same operation, Allstate Insurance recovered more than $20 …
For the first time ever, Brownsville, Texas, is the safest-driving city on Allstate’s 12th annual America’s Best Drivers Report. The report serves as an important safe-driving reminder as motorists prepare to hit the roads for the July Fourth holiday – …
Allstate can go ahead raise auto insurance rates for Georgia drivers later this month because a state review of the planned increase won’t be done in time to stop the higher rates from taking effect, state regulators said. State Insurance …
Allstate announced a major shift for the insurance industry as it embraces drone technology to further improve customer service. The company has been participating in drone test flights for use in property claims, the company announced. Following years of independent …