US personal lines insurer Allstate Insurance Company has won a court case that puts an end to fraudulent business and billing schemes carried out by unlicensed medical and chiropractic personnel. In a lawsuit filed in the Los Angeles ...
Tags: insurer, Fraud Lawsuit
US personal lines insurer Allstate has rolled out its new life insurance policy, dubbed as whole life advantage, which guarantees death benefits, cash values and premiums, in case of sudden demise of the policyholder. Underlining the ...
Tags: Allstate, Whole Life Insurance
Personal lines insurer Allstate has agreed to divest its life and annuity businesses Lincoln Benefit Life Company (LBL) to Resolution Life, in a deal agreed for $600m. The insurer said that it will cease issuing fixed annuities at the end ...
Tags: Resolution Life, Allstate
Esurance, a provider of auto, motorcycle and renters insurance, is offering renters coverage to its existing and new customers in Oregon. Oregon customers, who rent or lease a home or apartment, can add the renters coverage to their auto ...
Tags: Esurance, auto, motorcycle, renters insurance
Personal lines insurer Allstate Insurance Company has filed a $6.6m lawsuit against 47 durable medical supply entities and their respective individual owners in the US District Court for the Eastern District of New York. The 80 New York ...
Global property and casualty insurer ACE has completed the acquisition of Mexican personal lines insurer ABA Seguros from Ally Financial for nearly $690m in cash, after offering a $175m pre-closing dividend to the seller. The definitive ...
Tags: casualty insurer, ABA Seguros
US personal lines insurer Allstate has introduced its usage-based insurance device, Drivewise, in additional six states across the US, to help identify and improve driving habits of policyholders by delivering constant feedback. Available ...
Tags: Allstate, Usage-Based Insurance
US personal lines insurer Allstate has registered 44.7% decrease in net income for the fourth quarter of 2012, which stood at $394m, or $0.81 per diluted share, against $712m, or $1.4, during the same period last fiscal. For the quarter ...
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Publicly held personal lines insurer Allstate has introduced usage-based insurance product, Drive Wise to encourage and reward safe driving. The auto insurance policy will be available at seven states by November 2012, while additional ...
Tags: Allstate, usage based insurance, insurance product, safe driving
US personal lines insurer Allstate has named Sanjay Gupta as the company’s executive vice president and chief marketing officer, effective from 1 September 2012. The insurer has assigned Gupta to concentrate on marketing and ...
Tags: Allstate, Sanjay Gupta, executive vice president, marketing officer