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

Catastrophes continue to drive down second-quarter results for insurers as both domestic carriers and Bermuda companies report net-income declines and even losses, headlined by Allstate’s $620 million second-quarter loss.

An Allstate agents’ group is asking its members to consider aligning with a union and forming a guild to aid in its fight against what the group says are unfair business practices toward agents by the company.

An Allstate agents’ group is asking members to vote on aligning itself with a union and forming a guild in its fight against what it says are unfair business practices toward agents by the company.

Joseph P. Lacher Jr., president of Allstate Protection, is leaving effective immediately.

Insurers continue to file lawsuits against large investment banks over losses taken during the housing market collapse, as Liberty Mutual Insurance Co. filed suit against Goldman Sachs; and Allstate announced a lawsuit against Morgan Stanley.

Allstate Corp. says it expects $300 million in catastrophe losses from 13 events during the month of June.

Allstate Corp. has added to its tally of New York lawsuits seeking to recover investment losses on residential mortgage-backed securities with a filing against Morgan Stanley.