Allstate to raise rates on homeowners insurance in Chicago after spate of recent disasters

Allstate is looking to raise rates on homeowners insurance in Chicago. The company has plans to raise rates by an average of 10% throughout the…

State Farm auto insurance remains outside of Massachusetts

Following the end of the state-set auto insurance rates in Massachusetts three years ago, there have been over a dozen new insurers that have rushed…

Allstate net income tumbles for third quarter after payouts for natural disasters

Following the $1.08 billion payout by Allstate Corp. for natural disaster claims, the net income for the company’s third quarter fell by 55 percent. Equally,…

Regardless of tornado losses, Allstate posts better results than predicted

The largest publicly traded American home and auto insurance company, Allstate Corp., has posted its losses for the second quarter, following catastrophe expenses that broke…

Allstate updates its estimated Q2 losses, up to $2.3 billion

Allstate has announced their latest estimates of their Q2 losses. The prestigious insurer has had a rough year given the frequency and severity of storms…

Allstate loses over $2 Billion in period between April and May

Allstate Corp., has announced that in the two month span between April and May, its catastrophe losses were greater than $2 billion.  According to Allstate,…

Allstate Insurance growth outlook

Allstate is looking to improve its home and auto insurance units by 2013. Executives at the massive insurance company spoke with investors the other day…