Tag: Allstate

Allstate CEO Tom Wilson says ridesharing will upend the auto insurance industry

Nordstrom
Allstate CEO - car insurance

Ride hailing and car sharing programs have changed transportation and are now changing coverage. Allstate CEO Tom Wilson explained that the auto insurance industry should expect some substantial changes due to ridesharing companies. These services have altered the way that vehicles are used so that they are no longer defined by auto products. The interview was reported from CES 2019 by a Cheddar article. In it, the Allstate CEO underscored the change ride hailing and car sharing services have made to personal transportation. That said, traditional auto insurance products don’t…

Read More

Allstate’s safest cities to drive in rain or snow list may surprise you!

H. Cutner
Safest cities to drive -n Cars on roads - snow

The insurance company has released its America’s Best Drivers Report ranking the nation’s safest motorists. It’s that time of year again, when Allstate releases its list of the safest cities to drive in inclement weather such as rain and snow. That said, many of the top performers on this year’s America’s Best Drivers Report have come as a surprise. One state’s drivers showed exceptional performance, taking four of the top ten spots on the list. The insurance company found that four of the top 10 safest cities to drive when…

Read More

Parents believe their teen drivers are safe on the road

Marc
Teen Drivers - Young Woman Driving Truck

A new Allstate survey showed that despite worries about distracted driving parents believe in their kids. A recent survey conducted by Allstate Insurance showed that 42 percent of parents of teen drivers assume their kids are safe behind the wheel. Those four in ten parents don’t regularly talk to their kids about the subject of safe driving. Allstate used the last week of October to help teenage drivers to promote discussions about safe driving. Based on the results of the survey and what was learned during National Teen Driver Safety…

Read More

Allstate identity protection gets a boost with InfoArmor acquisition

Julie Campbell
Identity Protection - Face

The insurer is expanding its ability to cover consumers against growing ad increasingly common risks. The Allstate Corporation is upping its presence in identity protection with a new agreement for InfoArmor, Inc. acquisition. This deal gives the insurance company the opportunity to raise its potential within this market. Identity theft is a growing area of concern among consumers who want to protect themselves. InfoArmor is a leading employee identity protection provider. It currently protects over 1 million employees and the members of their families. It covers the workers at over…

Read More

Allstate releases its catastrophe loss estimate for July 2018

G. Turner
Catastrophe loss estimate - Destruction - American Flag

The American insurance giant released the announcement of loss as well as its future predictions. The Allstate Corporation recently released its catastrophe loss estimate for July 2018. Throughout that month, it estimates having experienced loss from catastrophes reaching a pre-tax $262 million. This figure converts to $207 million after taxes are taken into consideration. The Allstate Insurance catastrophe losses were the result of 15 individual events in July. The July 2018 catastrophe loss estimate were the outcome of 15 separate catastrophic events. They brought with them losses of $220 million…

Read More

Allstate Insurance named Best of the Best Corporation for Inclusion for 2018

Marc
insurance technology

The National LGBT Chamber of Commerce and National Business Inclusion Consortium issued the title. Allstate Insurance has received the proud title of Best of the Best Corporation for Inclusion for 2018. The National LGBT Chamber of Commerce (NGLCC) and National Business Inclusion Consortium (NBIC) collaborated to designate the insurer with this title. This title is meant as a celebration of a company committed to broad spectrum inclusion and diversity. The NGLCC and NBIC consider companies for the title of Best of the Best Corporation for Inclusion based on several factors.…

Read More

New Allstate jobs abound as State Farm lays off more workers

H. Cutner
allstate jobs

Allstate will be hiring 800 new people throughout the American Northwest and Washington state. Even as State Farm layoffs continue, the number of new Allstate jobs available will see a sharp spike this year. The national insurer will be hiring 600 people throughout the Northwestern states as well as an additional 200 people in Washington state. This has occurred as State Farm faces the challenges of relocating some positions while cutting others. State Farm recently announced that it would be fully closing its downtown Tacoma operations. At the same time,…

Read More