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Allstate News

News on Allstate continually updated from thousands of sources around the net.

46 min ago | The Wave

Surf City motorists are least likely to have an accident

Huntington Beach motorists are the safest in Southern California and are the least likely to be involved in an accident, an insurance company study shows.

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Related Topix: Huntington Beach, CA, Insurance, Los Angeles Metro, Orange County, CA

Thu Jul 09, 2009

WMTV Madison

Madison Drivers Among Safest in Nation

BUFFALO GROVE, Ill, July 8, 2009 - Allstate Insurance Company today released its fifth annual "Allstate America's Best Drivers Report." The report ranks America's 200 largest cities in terms of car collision frequency to identify which cities have the safest drivers according to Allstate data.

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Related Topix: Insurance, Madison Metro, Madison, WI, Weather

Mason Valley News

Reno drivers among America's safest

Reno drivers rank among the safest in the nation and at the top in Nevada, according to a report released Wednesday from the Allstate Corporation.

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Related Topix: Insurance, Las Vegas, NV, North Las Vegas, NV

Wed Jul 08, 2009

The Gazette

Cedar Rapids roads fourth safest in the nation

If you feel safe when driving your car around Cedar Rapids, you aren't alone. Cedar Rapids roadways are the fourth safest in the nation, according to Allstate Insurance Company's fifth annual 'Allstate America's Best Drivers Report.' According to the report, the average driver in Cedar Rapids will experience an auto collision every 12.6 years.

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Related Topix: Cedar Rapids, IA, Cedar Rapids Metro, Insurance

Tue Jul 07, 2009

TechWeb.com

Allstate Certifies Vertaforea s Agency Management Systems

Vertafore announced that its agency management systems have been certified to receive data from Allstate Corporation, streamlining the download process for the carrier's captive agents.

Comment?

Related Topix: Insurance, Northbrook, IL

Mon Jul 06, 2009

Barron's

Allstate No Longer a Casualty

Allstate By Sandler O'Neill & Partners WE ARE UPGRADING Allstate to Buy from Hold as part of our second-quarter book value preview and raising our price target to $30 from $26. Our new price target contemplates a 100% price-to-book value multiple applied to our projected book value of $30.18 one year from now.

Comment?

Related Topix: Insurance, Financial Markets

Sun Jul 05, 2009

News Press

Business digest: Direct Air fares cut by 50 percent

Direct Air has slashed fares by 50 percent for flights booked through July 12. The offer applies to new bookings for flights scheduled through mid-April 2010.

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Related Topix: Insurance, Bonita Springs, FL

Fri Jul 03, 2009

BusinessWeek

Management and Leadership

In a potential blow to headhunters and a boost to managers seeking to slash recruiting costs, 35 large companies have begun pooling job candidates through a consortium known as AllianceQ.

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Related Topix: Best Buy, Retail, Insurance, Restaurant Management, Starbucks, Energy, Entergy, Social Software

Wed Jul 01, 2009

TwinCities.com

Regional Report / Cargill buys back 50% stake in NatureWorks plastics

Cargill has repurchased full ownership of its NatureWorks bioplastics business, the company said Wednesday, after the sour economy led its Japanese partner to withdraw from a two-year joint venture.

Comment?

Related Topix: Wayzata, MN, Minnetonka, MN, Insurance, Weather, St. Paul, MN

Mon Jun 29, 2009

Daily Herald

Insurers like Allstate post record 3Q losses

U.S. property and casualty insurers, a group including American International Group Inc.

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Related Topix: Insurance, American International Group, Jersey City Metro, Jersey City, NJ

Sun Jun 28, 2009

Business

Daily backgrounder

Allstate Corp., the largest publicly traded U.S. home and auto insurer with operations in Summit County, had its price target raised by FBR Capital Markets Corp.

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Related Topix: Insurance, Northbrook, IL, Personal Finance, Retirement, Google, Startups, Chevrolet Camaro, Chevrolet

Fri Jun 26, 2009

Forbes.com

Allstate In Recovery

Allstate's balance sheet has plagued it since 2007. FBR analysts say it's finally turned the corner.

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Related Topix: Insurance, Financial Markets

Thu Jun 25, 2009

News Press

Summer tough on Cape Coral's teen drivers

School's out and freedom is in. Summer is a time when more teens head out to the beaches and movies without their parents.

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Related Topix: Cape Coral, FL, Fort Myers Metro, Insurance, Education Etc.

Wed Jun 24, 2009

Daily Herald

Allstate reducing exposure to interest rates

Northbrook-based Allstate Corp., the largest publicly traded U.S. auto insurer, said it's reducing its exposure to rising interest rates.

Comment?

Related Topix: Insurance

Mon Jun 22, 2009

MarketWatch

Progressive Co. hit by seasonal, economic worries

Progressive Corp. shares were downgraded Monday by Friedman, Billings, Ramsey on concerns the auto insurer is over-valued versus rival Allstate Corp.

Comment?

Related Topix: Progressive Corporation, Insurance, Investment Banking, Financial Services, Friedman Billings Ramsey, Investment Services

Sat Jun 20, 2009

Jackson Citizen Patriot

Company Line: Bruce Goldsen to be inducted into Michigan Broadcasting Hall of Fame

Bruce I. Goldsen, president and owner of Jackson Radio Works, is one of three new members who will be inducted into the Michigan Broadcasting Hall of Fame in July.

Comment?

Related Topix: Jackson, MI, Jackson Metro, Mackinac Island, MI, Insurance

Thu Jun 18, 2009

TheStreet.com

Financial Winners and Losers: Lincoln National

Lincoln National shares fell more than 8% after the life insurer and financial planner said it intends to raise more than $2 billion in fresh capital, in part through a $600 million stock offering and a $500 million senior debt offering.

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Related Topix: Insurance, Financial Services, Lincoln National, Sun Life Financial

Tue Jun 16, 2009

Insurance News Net

52% of Surveyed Texas Teens Admit Drinking and DrivingLoading...

Unknown Source: PR Newswire US Wordcount: Summer Marks 100 Deadliest Days for Texas Teen Drivers IRVING, Texas, June 16 /PRNewswire-FirstCall/ -- Fifty-two percent of surveyed Texas teens say they've driven a car after drinking alcohol or have been a passenger with a teen driver who had been drinking, according to a new Allstate Insurance Company ...

Comment?

Related Topix: Texas, Irving, TX, Insurance, Cell Phones, Electronics

San Antonio Business Journal

Texas teens are drinking and driving

Allstate Insurance Co. released a new survey Tuesday indicating that a slight majority of Texas teens have either driven while drinking alcohol or have been a passenger with a teen driver who had been drinking.

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Related Topix: Texas, Insurance, Family, Teenagers

Sun Jun 14, 2009

WFMD-AM Frederick

Summer A Deadly Time For Teen Drivers

Statistics show vechicle crashes is the number-one cause of death for teenagers.

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Related Topix: Family, Teenagers, Kids, Frederick, MD, Insurance

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