IFAwebnews » Allstate

Allstate, in seventh insurance fraud case of year, names 83 defendants

Bob Graham — Wed, 21 Dec 2011 18:30:43 +0000

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.

Allstate, in seventh insurance fraud case of year, names 83 defendants via IFAwebnews.

Allstate completes Esurance, Answer Financial deal

Bob Graham — Fri, 07 Oct 2011 15:11:35 +0000

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

Allstate completes Esurance, Answer Financial deal via IFAwebnews.

100 felony charges filed against alleged Calif. insurance fraud ring

Bob Graham — Thu, 06 Oct 2011 09:23:06 +0000

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.

100 felony charges filed against alleged Calif. insurance fraud ring via IFAwebnews.

State Farm eyes percentage deductible on all Texas homeowners policies

IFAwebnews Staff — Tue, 13 Sep 2011 10:49:26 +0000

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.

State Farm eyes percentage deductible on all Texas homeowners policies via IFAwebnews.

N.C. group allegedly staged false car accidents for $100,000 in claims

Jaime L. Brockway — Mon, 12 Sep 2011 00:37:30 +0000

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.

N.C. group allegedly staged false car accidents for $100,000 in claims via IFAwebnews.

Former insurance agent wins procedural victory against Allstate N.J.

Jaime L. Brockway — Wed, 07 Sep 2011 11:36:03 +0000

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.

Former insurance agent wins procedural victory against Allstate N.J. via IFAwebnews.

Career News: NJAHU award recipients among N.J. moves

Jaime L. Brockway — Mon, 22 Aug 2011 00:14:31 +0000

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

Career News: NJAHU award recipients among N.J. moves via IFAwebnews.

Insurer sues investment firm for ‘shoddy’ mortgage securities

Jaime L. Brockway — Sun, 21 Aug 2011 23:18:56 +0000

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.

Insurer sues investment firm for ‘shoddy’ mortgage securities via IFAwebnews.

Allstate agents approve unionizing to fight 20% compensation cut

Bob Graham — Wed, 17 Aug 2011 20:33:35 +0000

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

Allstate agents approve unionizing to fight 20% compensation cut via IFAwebnews.

Allstate agents, stung by 20% cut in pay, to vote on unionizing

Bob Graham — Wed, 20 Jul 2011 13:23:57 +0000

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

Allstate agents, stung by 20% cut in pay, to vote on unionizing via IFAwebnews.