Highlights
A collection of news and information related to Allstate Corp. published by this site and its partners.
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Major Warner Center office park sold to tenant for $80 million
A vast office park in Warner Center — the white-collar business hub of the San Fernando Valley — has sold for an estimated $80 million to investors who see it as central to an evolving and increasingly dense commercial and residential...
Tags: Real Estate, Realty, Property, Brookings Institution, Automotive Equipment
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Liability Claims From Dog Bites Are Increasingly Costly For Insurers
Liability claims related to dog bites are getting more expensive, according to an analysis of claims data released Wednesday by the Insurance Information Institute and State Farm. The number of dog-bite claims fell by 1.4 percent last year to 16,459 from...Tags: Chubb Corporation, Insurance
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Geico on pace to pass Allstate as No. 2 insurer
Tribune reporterGeico could overtake Allstate Corp. as the nation's No. 2 auto insurer by the end of this year if current trends continue, a new analysis shows. SNL Financial, which tracks data in industries including banking and insurance, said Friday that there was...Tags: Marketing, Corporate Performance, GEICO, Insurance
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Allstate outlines further cost-cutting plans
Tribune reporterAllstate Corp., trying to reduce its expenses, took a $26 million charge against its profits in the first quarter mostly due to the Northbrook-based home and auto insurer restructuring its technology operations. In the 2012 period, Allstate took a $6...Tags: Tom Wilson, U.S. Securities and Exchange Commission
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Catastrophe losses trim Allstate profits in 1Q
Tribune reporterAllstate Corp.'s profits fell 7 percent, to $709 million, in the first quarter due to higher catastrophe losses, but the Northbrook-based home and auto insurer's results exceeded Wall Street's expectations. Net income was $1.47 a share, down from $1.53 a... -
The day ahead in business May 1
Reports: MBA mortgage index for week ended April 27, 6 a.m.; ADP employment change for April, 7:15 a.m.; PMI manufacturing index for April, 7:58 a.m.; ISM manufacturing index for April, 9 a.m.; Construction spending for March, 9 a.m.; Crude inventories...
Tags: Schawk Incorporated, Energizer Holdings Incorporated, Allergan Inc., Boston Beer Company Inc., FreightCar America Incorporated
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Rosenthal: Fighting Chicago's violent crime has become business of business
Jim Reynolds, who grew up in Englewood and is among this city's business elite, always has known that side of Chicago. He also knows the jolt that comes when someone, especially someone who has grown up here, first has their eyes opened and the city's...
Tags: University of Chicago, Crime, Law and Justice, Basketball, Conservation, Business
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First lady coming home to address youth violence
First lady Michelle Obama will return to Chicago April 10 to speak at a working lunch hosted by Mayor Rahm Emanuel that is aimed at addressing youth violence in the city. According to an announcement Wednesday by the first lady's office, she will urge...Tags: Easter, Chicago Loop, Murder, Michelle Obama, Rahm Emanuel
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Will Penny Pritzker become the next U.S. commerce secretary?
In late 2009, President Barack Obama appeared on "60 Minutes" and said "fat-cat bankers" were smothering his efforts to craft new rules for Wall Street. As soon as the reforms cleared Congress six months later, the president's top advisers launched a...
Tags: Graduation, Washington, DC, Career and Workplace, Chicago Hotels, Entertainment
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Travelers Estimates $650 Million In Sandy Losses, After Tax, Reinsurance
The Hartford CourantHurricane Sandy is estimated to cost The Travelers Cos. $650 million after the company accounts for tax and reinsurance. Reinsurance is insurance for insurers, covering insured costs if the dollar amount reaches a certain level. Before tax and...Tags: Transportation Industry, Chubb Corporation, Hartford Financial Services Group Incorporated, Hurricane Sandy (2012), American International Group
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REUTERS: Allstate Blows Past Estimates On Lower Disaster Impact
(Reuters) — Home and auto insurer Allstate Corp swung to a profit in the second quarter, smashing recently lowered Wall Street expectations, after its disaster losses were less than half of the record-breaking level they hit last year. Shares...Tags: Financially Distressed Companies, Thomson Corporation, Earnings Forecasts, Insurance
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State Hurricane Facts In Advance Of Season Starting June 1
The Hartford CourantIf the Great New England Hurricane of 1938 happened in present conditions, it would cost an estimated $38 billion in damage that would be covered by insurance, which says nothing of the overall economic cost. The estimate by AIR Worldwide is included...Tags: Long Island, Bridgeport (Fairfield, Connecticut), Hurricanes, Natural Disasters, Meteorological Disasters
May 16, 2013
|Story| Los Angeles Times
May 15, 2013
|Story| Hartford Courant
May 3, 2013
|Story| Chicago Tribune
May 2, 2013
|Story| Chicago Tribune
May 1, 2013
|Story| Chicago Tribune
May 1, 2013
|Story| Chicago Tribune
Apr 10, 2013
|Column| Chicago Tribune
Mar 28, 2013
|Story| Chicago Tribune
Mar 3, 2013
|Column| Chicago Tribune
Dec 5, 2012
|Story| Hartford Courant
Jul 31, 2012
|Story| Hartford Courant
May 23, 2012
|Story| Hartford Courant
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