Insurance
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Allstate announces first quarter catastrophe lossesApr 14, 2021 11:00 pm - NORTHBROOK - Allstate Corp. announced $466 million in catastrophe losses for the first quarter of 2021. Losses before reinsurance, subrogation recoveries and taxes for t...
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Kemper completes acquisition of American AccessMar 31, 2021 11:00 pm - CHICAGO - Kemper Corp. Thursday said it has closed its previously announced acquisition of American Access Casualty Co. and its related captive insurance agency, Newins ...
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Allstate to sell last life insurance companyMar 28, 2021 11:00 pm - NORTHBROOK - Allstate Corp. Monday said it has agreed to sell Allstate Life Insurance Co. of New York to Wilton Re for $220 million. The transaction is expected to close...
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Insurance agent joins Brightway, The Janicki AgencyMar 23, 2021 11:00 pm - LAKE ZURICH - Matt Maday is the newest insurance agent to join Brightway, The Janicki Agency, in Lake Zurich. Maday comes to Brightway with 13 years of insurance experie...
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Texas snowstorm costs Allstate $567 millionMar 17, 2021 11:00 pm - NORTHBROOK - Allstate Corp. Thursday reported estimated catastrophe losses for the month of February of $577 million. Catastrophe losses in February comprised two major ...
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5 things agents wish people knew about insurance
Mar 07, 2021 5:00 am - Insurance is notoriously complicated, and few people have the time or desire to pore over their policies. But some basic knowledge can go a long way - and that's where a...
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Lisle-based association starts insurance blogMar 02, 2021 10:00 pm - LISLE - The American Association of Insurance Services has launched AAIS Views, a blog dedicated to providing the insurance community and its stakeholders with insights ...
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Allstate increases quarterly dividend by 50%Feb 21, 2021 10:00 pm - NORTHBROOK - Allstate Corp. Monday said its board of directors has approved a quarterly dividend of 81 cents on each outstanding share of the corporation's common stock....
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Insurer to pay Assertio $5 million in opioid settlementFeb 03, 2021 10:00 pm - LAKE FOREST - Assertio Holdings Inc. said it has settled a claim with its insurer over opioid lawsuits brought against its subsidiary, Assertio Therapeutics Inc. The com...
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Allstate reports $5 billion in profit for 2020Feb 03, 2021 10:00 pm - NORTHBROOK - Allstate Corp. reported profit of $5.58 billion in fiscal year 2020, or $17.31 per share. Revenue was reported as $43.44 billion. The insurer also reported ...