Allstate Insurance Co. sued 83 New York area people, seeking to recover $6.3 million, in its seventh civil insurance fraud suit filed this year.

The Allstate Corp. has closed its acquisition of Esurance and Answer Financial from White Mountains Insurance Group for about $1 billion.

More than 100 felony charges have been filed against suspects allegedly involved in an elaborate, organized fraud ring operating in the San Francisco area that allegedly cost 11 insurance companies up to $500,000 in losses.

State Farm, the largest insurer in Texas, has told state regulators that it will raise homeowners rates in the state an average of 9.6% and impose a minimum 1% deductible on all policies, starting in December.

A group of seven North and South Carolinians were arrested Sept. 8 and accused of conducting a more than $100,000 insurance fraud scheme involving staged auto accidents.

A federal judge ruled Aug. 25 that a lawsuit between a former insurance agent and his employer continue in state rather than federal court, a decision viewed as a victory for the agent.

The New Jersey Association of Health Underwriters (NJAHU) named two award recipients recently.

A Northbrook, Ill.-based insurer sued Goldman Sachs and its affiliates for allegedly selling the insurer more than $123 million in securities backed by poor-quality mortgages between 2006 and 2007.

A collection of Allstate Insurance agents, facing a possible compensation cuts of 20%, voted overwhelmingly to form a union.

Many Allstate Insurance agents will soon vote on whether to become a guild of the Office and Professional Employees International Union (OPEIU).