NORTHBROOK, Ill., April 1, 2025 – The Allstate Corporation (NYSE: ALL) today completed the sale of its Employer Voluntary Benefits business to StanCorp Financial Group, Inc., (The Standard) for $2.0 billion. “The sale of the Employer Voluntary Benefits business improves the growth opportunities of a highly successful business, creating additional value for Allstate’s shareholders,” said … Read more
NORTHBROOK, Ill., March 31, 2025 – The Allstate Corporation (NYSE: ALL) will host a conference call and webcast at 9 a.m. ET on Thursday, May 1, 2025, to discuss first-quarter 2025 financial results. Allstate plans to file its results via a Form 8-K with the Securities and Exchange Commission (SEC) after 4:15 p.m. ET on … Read more
Governments and insurers must work together urgently to prepare communities and households for wildfires, floods, windstorms and hail while improving Canada’s response to and recovery from these increasingly frequent and severe disasters — By Craig Stewart, Vice President, Climate Change and Federal Issues, IBC — In the last decade, more than 880,000 Canadians and 87,000 … Read more
NORTHBROOK, Ill., March 20, 2025 – The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of February of $92 million or $73 million, after-tax. Total catastrophe losses for February year-to-date were $1.17 billion or $922 million, after-tax. Allstate Protection policies in force are as follows: Allstate Protection Policies in Force* in … Read more
Allstate Identity Protection survey finds nearly two-thirds (64%) of Americans are concerned scammers will steal their personal information to file a tax return and pocket the refund. Allstate Identity Protection guarantees members’ tax refunds are protected from fraud. NORTHBROOK, Ill., March 20, 2025 – As tax season begins, new findings from Allstate Identity Protection reveal … Read more
NORTHBROOK, Ill., March 12, 2025 – Today, Allstate and the National Association of Collegiate Directors of Athletics (NACDA) announce the inaugural Allstate NACDA Good Works Team (Winter), recognizing 20 standout student-athletes across collegiate winter sports for their exceptional achievements in community service, athletics and academics. This marks the first-ever expansion of the Good Works Team … Read more
NORTHBROOK, Ill., March 11, 2025 – The Allstate Corp. (NYSE: ALL) today announced Andréa Carter will join the company as Executive Vice President and Chief Human Resources Officer, effective May 12. She will lead Allstate’s strategy to attract, develop and retain a high-performing and connected global workforce. “Customers trust Allstate to protect them from life’s uncertainties and … Read more
In recent times, the insurance industry has been at the forefront of addressing some of the most pressing challenges of our era. From the devastating wildfires in Los Angeles to the gender pension savings gap, the role of insurance in mitigating risks and providing financial security has never been more critical. In this Insurance News … Read more
Throughout history, insurers have been pivotal in driving social change, enabling human progress, innovation, and prosperity. From seatbelts to vaccines and fire-retardant materials, insurers have fostered numerous innovations. Nowadays, they face a new monumental challenge: climate change. 2024 has been another record loss year for insurers driven by natural catastrophes linked to climate change. Insurers … Read more
NORTHBROOK, Ill., Feb. 26, 2025 – The Allstate Corporation (NYSE: ALL) announced that its board of directors approved a quarterly common stock dividend of $1.00 on Feb. 26, 2025, which is an increase of $0.08, or 8.7%, per share compared to last quarter. Allstate also declared the payment of quarterly preferred dividends. In addition, the … Read more