Business
Allstate Corp. said Wednesday it will buy the personal insurance division of CNA Financial Corp. for $1.2 billion, as part of a strategy to revive growth by expanding sales of home and auto policies by independent agents.
June 10, 1999
Allstate Corp. sold $2.12 billion of stock today in the biggest initial public offering ever by a U.S. company.
June 3, 1993
Allstate reports decline in exclusive agencies
Feb. 21, 2013
Allstate Corp., the second-largest U.S. auto and home insurer, said Wednesday that fourth-quarter profit rose 69% after the company raised prices and limited policyholder claims from mold damage to homes.
Feb. 6, 2003
Money & Company
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May 19, 2009
Allstate Corp., the No. 2 U.S. auto and home insurer, has been charged in a lawsuit with robbing 6,400 of its agents of $325 million in pension and profit-sharing benefits when it forced them to become independent contractors or sell their agencies.
Aug. 2, 2001
Insurer, which admits no wrongdoing, will pay as much as $120 million to California adjusters.
Sept. 2, 2005
Allstate Corp., the second-biggest U.S. auto and home insurer, said Tuesday that first-quarter profit rose sevenfold on rate increases.
April 16, 2003
Rating Lowered on Allstate’s Claims-Paying Ability: Standard & Poor’s Corp. lowered its ratings on the claims-paying ability of Allstate Insurance Co., a unit of Sears, Roebuck & Co., and its property and casualty subsidiaries to AA- from AA+ because of the effects of Hurricane Andrew.
Oct. 14, 1992
Even weather-related claims don’t dampen analysts’ enthusiasm for a select few property- casualty insurers.
Jan. 7, 1997