The Allstate Corporation boosts support to business ownership diversity

Allstate Corporation - Diversity and Equality in Business

The insurance company has focused on a corporate bond offering comprised exclusively of MWVBEs. The Allstate Corporation recently priced $1.2 billion of 5-year and 10-year senior notes via a syndicate comprised of exclusively minority-, women-, and veteran-owned business enterprises (MWVBEs). The insurance company’s move represents a first of its kind bond offering of this size. The Allstate Corporation’s bond offering is the first of this size with exclusive management by MWVBEs. It represents a substantial step in underscoring the insurance company’s focus on diversity and equality. “It is time to…

Read More

Allstate takes insurance company legal motion to the next level

Insurance company legal - broken windshield

The insurer has filed a response to a battle involving a motion to compel originally filed by Auto Glass America. Allstate has filed a response in an insurance company legal battle which includes a motion to compel which was filed by Auto Glass America (A.G.A.). The windshield repair business alleges that the insurer must offer more information relating a specific case. The A.G.A. alleges that Allstate needs to offer additional information regarding a forced windshield repair case. This is the second time Allstate has responded to the insurance company legal…

Read More

Alleged Allstate whistleblower sued for $700K over insurance discrimination accusations

Insurance discrimination - Law - Court

Mehda Joshi claimed that the insurance company sought to deny coverage to visible minorities in Canada. A former Allstate employee in Canada sued the company for wrongful dismissal and publicly accused the company of insurance discrimination. The company has now launched a counterclaim against the woman, Mehdi Joshi, for over $700,000 in damages. The legal battle between Joshi and Allstate Insurance Canada began in a Toronto court last week. This court battle is in Canada’s national spotlight and is also being watched by many other countries around the world due…

Read More

Allstate Insurance Company recognizes Isaac White for Black History Month campaign

Allstate Insurance Company - White's Barber College Black History Month

The Mobile, Alabama barber will be featured in the insurer’s national African American empowerment campaign. Allstate Insurance Company is holding a national campaign to help empower the African American community throughout February, Black History Month. As a part of this campaign, it is placing the spotlight on a barber from Mobile, Alabama named Isaac White. White is an icon within his community and the insurer is proud to draw attention to his achievements. White is currently 97 years old and he continues to go to work every day. He is…

Read More

Allstate files insurance fraud lawsuit against chiropractors

auto insurance fraud accident

The suit alleges that three Providence practitioners were involved in a scheme to defraud the insurer. Allstate Insurance Company has filed a lawsuit accusing licensed chiropractors of insurance fraud. The suit specifically points to the owner of a clinic. The owner is accused of falsifying medical records in order to increase the size of the insurance claims. The owner also allegedly paid kickbacks to personal injury lawyers in order to receive client referrals. The insurance fraud lawsuit was filed with the U.S. District Court. Within it, Allstate alleges that Arianna…

Read More

Allstate Insurance Company launching new underwriting platform

Allstate Insurance Company

The insurer announced the implementation of the platform featuring automated data integration. Allstate Insurance Company has announced its intentions to implement the UnderwritingCenter platform. The platform was created by Myriad Development. The goal is to improve automated data integration while enhancing the quality of risk evaluation. UnderwritingCenter allows Allstate to automate its underwriting decision making processes. At the same time, Allstate Insurance Company can use the underwriting platform to integrate third party data and virtual surveys into the mix. In this way, the insurer hopes to produce greater accuracy in…

Read More

Allstate Insurance Company to receive over $6 million in case against S. Florida Clinics

Allstate Insurance company news

More than ten years of legal battles has finally led the insurer to receive several judgments in its favor. The Allstate Insurance Company has been battling its way through court cases for more than ten years and has now received several judgments within the 15th Judicial Circuit Court in Palm Beach County, which were against several health care clinics. The Insurance company claimed the clinics had been engaging in unlawful and fraudulent practices. These judgments were made in favor of Allstate Insurance on behalf of the policyholders in litigation that…

Read More