Insurance
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Moody's upgrades Kemper's outlook to positiveJun 03, 2021 11:00 pm - CHICAGO - Kemper Corp. Friday said Moody's Investors Service has revised its rating outlook for Kemper to positive from stable, based on the group's improving profitabil...
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Allstate acquires SafeAuto in all-cash transactionJun 01, 2021 11:00 pm - NORTHBROOK - Allstate Corp. has agreed to acquire SafeAuto, a nonstandard auto insurance carrier, for $270 million plus approximately $30 million in pre-close dividends ...
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'My challenge is to master industry changes'May 21, 2021 1:00 am - Q: Describe your company. A: My company is dedicated to improving the lives of my clients through my expertise as an over 20-year veteran of the health insurance...
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Hailstorm part of Allstate's April lossesMay 19, 2021 11:00 pm - NORTHBROOK - Allstate Corp. Thursday announced estimated catastrophe losses of $544 million for the month of April. Catastrophe losses in April included five major event...
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Allstate revenue grows 26% in quarterMay 05, 2021 11:00 pm - NORTHBROOK - Allstate Corp. Thursday reported revenues of $12.5 billion in the first quarter, an increase of 26.2% compared to the prior year quarter, primarily reflecti...
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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 ...