You might be shocked at the coverage you do and do not have. Your local car insurance agents have a wealth of knowledge and experience about your coverage that can be everything from fascinating to useful. These facts can save you a surprising amount of money. Talking to an insurance expert near you can ensure you are protected where you think you are. It’s always a good idea to review your coverage with one of your local car insurance agents once a year to be sure your coverage is what…
Read MoreTag: allstate insurance
Do your employees need a supplemental accident benefit if they have a health plan?
Savvy employers are using this insurance to help workers to fill coverage gaps. A supplemental accident benefit, like other types of supplemental insurance policy, is a type of coverage that fills the gap left behind by many types of traditional health plan. Employers are increasingly offering this coverage as an appealing way to draw talented, loyal employees. Employers give the employee the option to pay all or some of the costs of this coverage. Adding a supplemental accident benefit and other similar forms of “sidekick” coverage to a benefits package,…
Read MoreAllstate and State Farm take on tens of thousands of Texas storm claims
The insurers have deployed claim centers and technology to support affected policyholders. As Texas storm claims come rolling in by the tens of thousands, insurance giants like Allstate and State Farm have deployed staff and technology to meet policyholder needs. Allstate has deployed six mobile claim centers into the areas most heavily affected by the storms. The six Allstate mobile centers have been deployed for Texas storm claims in the areas most heavily affected in Dallas, San Antonio, Houston and Austin. Each of them has carefully included COVID-19 safety measures.…
Read MoreAllstate Corporation acquisition of National General Holdings Corp closes
The insurer announced the closing of the deal, which was made for $4 billion. The Allstate Corporation recently announced the closing of its acquisition deal for National General Holdings Corp, for $4 billion. This new purchase is the latest in a number of strategic moves being made by the insurance company. “The acquisition of National General advances our strategy of growing personal lines insurance with an increase of 1 percentage point in market share. Independent agents will now have more protection offerings for customers, with a strong technology platform creating…
Read MoreFirst Allstate Chief Sustainability Officer appointed
The insurer announced that Susan L. Lees would be the first person to take that position. The first ever Allstate Chief Sustainability Officer was recently announced, as Susan L. Lees took the position. Lee’s previous role as Chief Legal Officer and Secretary of the corporation will be taken over by Rhonda Ferguson, Executive Vice President and General Counsel. Lees is taking the position immediately, as is Ferguson who replaced her in her former role. “This realignment of responsibilities is consistent with Susie’s decision announced in August to focus on environmental,…
Read MoreAllstate Foundation grant sends $1.2 million in school supplies to US teachers
Educators across the country are having their wish lists filled whether in-class or teaching online. A recent Allstate Foundation grant sent $1.2 million in essential school supplies to teachers across the country. The goal is to help the educators to empower and excite their students, regardless of whether they are in a classroom or learning online. Nearly 95 percent of teachers spend money from their own pockets on classroom and teaching supplies. Of the teachers spending their own money on these supplies, the average amount spent is $500 per year.…
Read MoreAllstate plan for ‘transformative growth’ not unlike Progressive’s
CEO Tom Wilson’s strategy was launched late in 2019, but growth won’t arrive until the second phase. CEO Tom Wilson released the Allstate plan for “transformative growth” late last year. Though there has been a large number of changes throughout 2020, the promised growth has yet to be revealed. That said, the CEO says that the growth component will arrive with the second part of the strategy. Though Wilson has not set any dates as to when the second part will arrive – and the growth along with it –…
Read More