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Allstate Corp.s chief executive says the compensation given to agencies is changing to give more money to agencies performing the best.

Allstate Corp. says third quarter net income dropped 55 percent to $165 million on about $1.1 billion in catastrophe losses from 23 events.

A judge threw out federal securities-law claims in Allstate Corp's fraud lawsuit against Bank of America Corp's Countrywide unit over $700 million of toxic mortgage debt, but said the insurer may pursue state law claims.

The Allstate Corporation says it expects to take $1.08 billion in pre-tax third-quarter catastrophe losses.

Catastrophes continued to impact carriers through August, with personal-lines insurers reporting elevated claims activity for the month.

Allstate Corp. says it expects $735 million in August pretax catastrophe losses from eight events, including Hurricane Irene.

An insurance veteran opens agency after more than 20 years of experience

Allstate Insurance Co. has filed another lawsuit in New York State Supreme Court seeking to recover investment losses on residential mortgage-backed securities.