Allstate Insurance Company has announced its intention to grow its agency owning workforce for the fourth consecutive year in California in 2012. This is a part of an ongoing aggressive campaign to recruit new agency owners, which resulted in 17 new recruits in 2009, 44 in 2010, and 58 in 2011, in that state alone. According to the California strategic deployment leader at Allstate, William Vasquez, “Allstate is committed to growing in California and to serving more Californians.” He went on to say that professional entrepreneurs with the sales and…
Read MoreTag: insurance franchise
Allstate New Jersey wins judgment from state Superior Court in franchise suit
Allstate New Jersey Insurance Company had received a judgment in its favor from the Superior Court in that state, dismissing all of the claims made against the insurer in a lawsuit that had been filed against it. In 2011, the suit was filed by three exclusive agents who sought to prevent the agreements with their agencies from being terminated for being unable to meet certain quotas. Their claim was that their relationship with Allstate New Jersey was of a franchise nature and that they therefore had the protection of the…
Read More