Auto insurers’ figures show they pocketed millions in pandemic profits in Illinois
— July 6, 2022Even after providing rebates, auto insurers reaped hundreds of millions of dollars in additional profits
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Allstate
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Report: Auto insurers spent $10B on advertising in 2021
— July 5, 2022Auto insurers spent more than $10 billion on advertising in 2021, an increase of 3% from the previous
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Allstate seeks patent for telematics-based driving assessment technology
— July 1, 2022Allstate has filed a patent application for technology that would allow telematics-based driving assessment
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Allstate, GEICO top list of carriers raising auto insurance premiums
— June 7, 2022Allstate and GEICO will each take in nearly $200 million in additional premium nationwide as a result
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Allstate announces 3 ways it’s addressing inflation
— May 6, 2022After Allstate announced in April that it plans to raise auto insurance rates through this year, Tom
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Consumer group criticizes auto insurers over ‘massive’ salaries paid to top executives
— April 29, 2022The nation’s largest auto insurers are paying their top executives “massive salaries and
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Allstate looking to raise rates throughout 2022; With Q1 results from Chubb, no mention of rates going up
— April 29, 2022Allstate has announced it plans to raise its rates throughout 2022 because of an increase in the number
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Allstate pursues auto insurance rate increases in bid to return to profitability
— March 28, 2022Allstate continues to raise rates in response to increased loss ratios, company executives said during
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Colorado Supreme Court finds policyholder can’t sue Allstate adjuster for ‘bad faith’ decision
— March 22, 2022A March 14 Colorado Supreme Court opinion states policyholders can’t hold individual adjusters
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Allstate looks to ‘mitigate repair costs’ through agreements, expects little pushback on auto insurance rate increases
— February 9, 2022As Allstate raises rates to cope with rising auto insurance costs, it will also be looking to “mitigate
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