Tag: Allstate insurance claims

State Farm and Allstate in the Hot Seat: What Really Happened at the Senate Hearing

Marc
State Farm and Allstate in the Hot Seat

Major Insurers Under Fire at Senate Hearing for Claims Practices It’s not just the smaller, Florida-domiciled insurance companies making headlines these days. Big names like State Farm, Allstate, and others found themselves in the hot seat during a Senate subcommittee hearing. Why? Allegations of altered damage reports, reduced payouts, and practices that some say border on fraud. The hearing on May 13 had it all—drama, political grandstanding, emotional testimonies, and even a rare apology from an industry giant. What’s Really Going On? Adjusters and policyholders didn’t pull any punches. They…

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Allstate Q3 2019 earnings and revenue beat out predictions

G. Turner
Allstate Q3 2019 - revenue, profit

The insurance giant has announced its figures for the quarter and they are notably higher than estimates. The Allstate Q3 2019 numbers are in and the figures are far more favorable than had been widely anticipated for the insurer. The earnings and revenues were significantly better than predicted. Analysts had been predicting favorable third quarter results, but the insurer managed to do better. According to the insurer’s reports, the Allstate Q3 2019 earnings were $2.84 per share. This topped virtually all estimates, including the Zacks Consensus Estimate, which had been…

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Top Snowmobile Season Preparedness Tips to Avoid Insurance Claims

Logan B.
Snowmobile Season - Snowmobile

Riders are eager to get on their favorite winter recreational vehicles, but a bit of care is needed. Early snow this year has already made it possible for certain parts of the country to start thinking about snowmobile season. It won’t be long before snowmobilers hit the trails. To be ready as soon as it’s possible to head out, it’s a good idea to prepare in advance. Heading out for snowmobile season isn’t just a matter of getting the machines out of storage and hitting the trails. Certain preparations need…

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