Archive

  • Allstate shares plunge after DOJ files lawsuit for defrauding customers

    26 July 2024

    National General subsidiary alleged to have forced insurance on millions of cars

  • Allstate plans to return to California

    26 April 2024

    But only when reforms are implemented and if the rates are right

  • US insurance crisis threatens "entire financial system", warns Senator Sheldon Whitehouse

    11 January 2024

    Climate change crisis could spill over from insurance to mortgages and muni bonds

  • Hawaii wildfires: 75% of potential $6bn losses insured, says Moody's RMS

    23 August 2023

    Small insures will take the brunt of such losses, says AM Best

  • Allstate settles $90m fraud allegation lawsuit

    18 August 2023

    Shareholders allege insurer reduced underwriting standards to increase growth

  • US insurers urged to monitor global ESG regulation

    31 July 2023

    ESG reporting advisory bulletin issues advice and key trends

  • US auto inflation continues to bite

    24 July 2023

    Auto claims have risen faster than underlying inflation rate, APCIA finds

  • Ricardo Lara says Californians are covered even as insurers flee the state

    07 June 2023

    Rate hike moratorium has seen State Farm and Allstate exit in recent times

  • US auto insurers face difficult road to return to profitability

    01 March 2023

    Fitch says there has been a sharp deterioration in the sector's performance in last two years

  • Allstate: transparency is vital to achieve 2030 net-zero target

    23 January 2023

    Sustainability director Karen Jarmoc said the US insurer is to finalise a climate strategy in Q1