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Allstate Corp., the largest publicly traded U.S. auto and home insurer, said second-quarter profit plunged 45 percent on a surge in claims from automobile coverage.
Insurance has managed to sidestep most radical changes by doing what it does best: limiting risk and staying the course. But that can't last.
Florida’s coastal communities have added almost a half-million new homes in the last decade, but the risk of catastrophic destruction hasn’t grown along with the...
Allstate said it’s raising rates for drivers after profitability declined at its namesake auto unit.
Allstate said first-quarter profit rose 13% as margins improved at the property-liability business and catastrophe losses fell.
Many factors impact home insurance premiums including real estate values, building and construction costs, vulnerability to catastrophes, as well as levels of economic growth and...
Having these six types of insurance can help restore a bit of normalcy to your life in the aftermath of tornado damage to your property.
Twenty individuals with ties to the insurance industry made Forbes' list of the world's wealthiest, and include a part-owner of the Chicago Bears, a former...
Before you move into your new home, make sure your home insurance has you covered for whatever life might have in store.
Allstate said it will repurchase as much as $3 billion of its stock as fourth-quarter profit exceeded analysts’ estimates.
It is no secret that consumers want choice and convenience when shopping for car insurance. Where do online comparison shopping sites factor in?
Progressive, the fourth-largest U.S. auto insurer, is expanding in home coverage to challenge rivals.
Carriers that use digital innovation to offer customers better prices or better experiences can keep their own customers and lure other customers away from competitors....
Millennials will be the next wave of homeowners. Agents and brokers must be aware of opportunities that could be lost due to delayed quotes and...
Home automation that controls security and energy management from a mobile device is the next-gen trend in the profitable homeowners’ insurance market.
Last year, rings filed by claimants produced a RCV of $64.8 million. Still a category leader in burglary claims, jewelry costs insurers a pretty penny.
Allstate Corp aims to grow its share of the U.S. home and auto insurance markets without the need for "abnormally large" rate increases, its CEO...
The cost of the average American wedding is reaching about $26,000, leading to growing interest in wedding insurance to protect against extreme weather, illness and...
American International Group Inc. lifted limits on property claims tied to acts of terrorism to $1 billion as clients ask for more protection in larger cities.
A tractor trailer full of beer drove itself down Colorado's I-25 last week with nobody behind the wheel.