Allstate News

Allstate’s Profits Slide as Auto Claims Rise

Allstate Corp., the largest publicly traded U.S. car and home insurer, said third-quarter profit slipped 17 percent as claims rose and policy growth slowed in the automobile-coverage business. Net income decreased to $650 million, or $1.54 a share, from $781 …

New FAA Ruling Clears Way for Property Drone Consortium Members to Fly Drones

Allstate and the Property Drone Consortium, a group of insurers, construction industry leaders and others supporting drone research, announced that a new FAA ruling will allow the consortium to fly drones for property claims research on behalf of customers. The …

Stolen 1972 Corvette Stingray Reunited With Owner

A car stolen 43 years has been returned to its original owner, according to Allstate Insurance. Terry Dietrich bought the 1972 Corvette Stingray when she was 19 using money from her first job to make a down payment. Just six …

Allstate Reports 13% Increase in Profits Due to Better Margins, Claims Costs

Allstate Corp., the largest U.S. publicly traded seller of auto and home insurance, said first-quarter profit rose 13 percent as margins improved at the property/liability business and catastrophe losses fell. Net income climbed to $677 million, or $1.53 a share, …

Bell and Smith Top Allstate’s List of Stormiest Texas Counties

Texas storms affected more Allstate insured homes and cars in Bell county than any other part of the state over the past five years, while Smith county saw the highest frequency of lightning. Allstate tallied the top 25 Texas counties …

Allstate Releases New Digital Claims Payment Method

With just an email address or mobile phone number, consumers can now get an Allstate claim payment made directly to their bank account in a single day with Fast Mobile e-Payments, now available in the new Allstate ExpressPays portfolio. Working …

Allstate Reorganizes Management, Focus on Customers

Allstate Corp. announced Wednesday a management shake-up in a reorganization aimed at focusing attention closely on customers and improving efficiency of operations. Allstate said that Matt Winter, president of the company’s personal insurance division, will move become president of Allstate …

Hazards Exist in Hosting Home Holiday Parties: Allstate

Holiday “ugly” sweaters have grown in popularity across the nation and will likely make an appearance with the 83 percent of Americans who plan to party this season. A new Allstate poll indicates 54 percent of Americans will host holiday …

Allstate to Join Consortium Researching Benefits of Using Drones

In an effort to learn more about how unmanned aerial vehicles, commonly referred to as drones, can improve the property claims process, Allstate Insurance Company will join a consortium dedicated to the research and development of drones. Drones used for …

Allstate Ranks Safest Cities for Driving in Rain and Snow

This winter will have higher than average precipitation in the Southern United States, according to a prediction by the National Oceanic and Atmospheric Administration. On the heels of this report, Allstate Insurance Company released its America’s Best Drivers Report. The …