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Allstate News

News on Allstate continually updated from thousands of sources around the net.

5 hrs ago | Blogging Stocks

Insurers to benefit from low catastrophe losses in 2009

Filed under: Allstate Corp , Travelers Companies Inc. Mother Nature and mankind took it easy on the insurance industry in 2009.

Comment?

Related Topix: Insurance

Mon Nov 30, 2009

PR-inside.com

The Allstate Corporation - Financial and Strategic Analysis Review - new report released

The report provides a comprehensive insight into the company, including business structure and operations, executive biographies and key competitors.

Comment?

Related Topix: Insurance

Sun Nov 29, 2009

CFO

Thomas J. Wilson - Allstate Insurance Co.

Category: DEVELOPING AN EFFICIENT FINANCE FUNCTION A newcomer revamps Allstate's financial structure.

Comment?

Related Topix: Insurance, Retail, Sears Roebuck , Marketing, Mortgage, Personal Finance

Fri Nov 27, 2009

The Motley Fool

Weird Financial News

In Phoenix, a high school library received a check for $1,000 for two books that had been overdue for 50 years.

Comment?

Related Topix: Beverages, PepsiCo, Lottery, Insurance, MetLife, Apparel, Nike, Footwear, University of Central Florida, Offbeat

Thu Nov 26, 2009

Bloomberg

Allstate Favors Corporate Debt Over Municipal Bonds, Commercial Mortgages

Allstate Corp. , the largest publicly traded U.S. home and auto insurer, is investing in corporate debt as it reduces commercial real estate and municipal bond holdings.

Comment?

Related Topix: Home, Mortgage, Insurance, Financial Markets, Northbrook, IL, US News

Wed Nov 25, 2009

ETF Investor

Allstate Sheds CRE for Bonds: 12 ETFs to Play That

Allstate Corp. , the largest publicly-traded insurer of homes and automobiles in the U.S., announced this week that it is making some major shifts in its investment portfolio that now exceeds $100 billion.

Comment?

Related Topix: Insurance, Financial Markets, Northbrook, IL, Home, Mortgage, REIT, Personal Finance

Tue Nov 24, 2009

Insurance Networking

9 Insurers Affected By Rating Actions

A.M. Best and Fitch Ratings announced ratings updates. The following are some of the most recent: The Allstate Corp.

Comment?

Related Topix: Insurance, ING Group

Mon Nov 23, 2009

Minyanville

Rags to Riches CEOs: Ed Liddy

If most Americans had never heard of Wall Street titan Edward Liddy before the financial crisis, they knew his name only too well by the end of last spring.

Comment?

Related Topix: Insurance, Personal Finance, Retirement, MetLife, George Washington University, New Brunswick, NJ

Sat Nov 21, 2009

Business

Aetna, Allstate, Ensco are ripe for takeovers

Warren Buffett's takeover of Burlington Northern Santa Fe Corp. illustrates an emerging trend: Takeovers are back.

Comment?

Related Topix: Insurance, Ensco International, Energy, Oil & Gas, Aetna, Railroads, Burlington Northern Santa Fe, Warren Buffett, Berkshire Hathaway

Fri Nov 20, 2009

ChicagoBusiness.com Breaking News

Allstate outsources stock investing

(Craina TMs) a " Allstate Corp. is getting out of the stock-picking business. The Northbrook-based insurance giant confirmed that it has hired Goldman Sachs Asset Management to handle its $4.6-billion portfolio of public equities. About 15 jobs a " 5% of Allstate Investmentsa TM workforce a " ...

Comment?

Related Topix: Insurance

Thu Nov 19, 2009

Daily Herald

Allstate seeks deals, CEO says

Allstate Corp. Chief Executive Officer Thomas Wilson said the insurer may take advantage of the increase in takeover targets and a decline in the cost of buying rivals.

Comment?

Related Topix: Insurance, Marketing

Wed Nov 18, 2009

ClipSyndicate

Wilson Says Allstate Is Investing in Corporate Debt: Video

Nov. 17 Thomas Wilson, chief executive officer at Allstate Corp., talks with Bloomberg's Lindsey Arent about the company's investment strategy.

Comment?

Related Topix: Insurance, Video, Business News

Tue Nov 17, 2009

Insurance Networking

Lacher to Lead Allstate's P&C Division

Allstate Corp. announced today that Joseph Lacher Jr. has been named president of Allstate Protection, effective Nov.

Comment?

Related Topix: Insurance

Mon Nov 16, 2009

Fox News

Allstate Hires Lacher From Travelers

Allstate Corp. said Monday that it hired Joseph Lacher from rival Travelers Cos.

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Related Topix: Insurance, Business News

Sun Nov 15, 2009

Express

Job Assurance In Insurance: Mark Philpott Enjoys Self-Reliance Through His Allstate Gig

MOST PEOPLE WHO ARE laid off mope at home while job hunting. Mark Philpott moved 6,000 miles, from England to South Africa and leapt from IT support to personal training.

Comment?

Related Topix: Insurance, World News, South Africa, Home, Mortgage, Personal Finance, Marketing

Fri Nov 13, 2009

The Enquirer

Allstate Agent donates women's suits to help domestic violence survivors

In support of October's National Domestic Violence Awareness Month, Allstate agency owner Karen Clark of Marshall was one of several Michigan Allstate agents who collected 1,800 gently used business suits and professional apparel items that will be given to domestic violence survivors to outfit them with confidence as they enter or re-enter the ...

Comment?

Related Topix: Insurance, Non-Profit

Thu Nov 12, 2009

Daily Herald

Loews, Guardian join Allstate sellings munis

Loews Corp., the holding company run by New York's Tisch family, and Guardian Life Insurance Co.

Comment?

Related Topix: Insurance, Loews, Mutual Funds, Personal Finance, Pension, Financial Markets, Albany Metro

Tue Nov 10, 2009

MarketWatch

Stocks to watch

Among the shares expected to see active trade in Thursday's session are those of the retailers as well as Allstate, Cigna, Cisco, CareFusion, Dr Pepper Snapple, i2, MetroPCS, MF Global, Netsuite, News Corp., Qualcomm, Sirius XM, THQ and Time Warner Cable.

Comment?

Related Topix: Financial Markets, Telecom, Computers, Cisco Systems, Insurance, Cigna, Provo, UT, Provo Metro

Sun Nov 08, 2009

Business Wire

Public relations, press release distribution, investor relations, SEC filing

CITY OF COMMERCE, Calif.-- --99 Only Stores announces its financial results for the second quarter ended September 26, 2009.

Comment?

Related Topix: Real Estate, Penn Virginia Resource Partners LP, Mobile Metro, Computer Programs and Systems, Software, Prudential Financial, Insurance, Biotech, Medicine, Healthcare Industry

Sat Nov 07, 2009

MarketWatch

Allstate reports $221 mln in quarterly net income

Allstate Corp. said late Wednesday that it swung to a quarterly profit as the auto insurer benefited from a lack of major catastrophes and avoided big investment losses that it suffered last year.

Comment?

Related Topix: Insurance, Progressive Corporation

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