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NEW YORK — Auto and home insurer Allstate said Wednesday its net income fell 43 percent in the fourth quarter as an Arizona hailstorm in October caused its catastrophe losses to soar.
The results fell well short of Wall Street expectations and Allst...
Updated: Feb 10, 2011 at 09:24 PM
Ralph Rehbock and his family survived the Holocaust, he said, because a few courageous people acted on their convictions, rather than look the other way. He calls them “upstanders.”
“It's the opposite of being a bystander,” Rehbock told more than 30...
Updated: Feb 10, 2011 at 05:58 PM
Allstate Corp., the largest publicly traded U.S. home and auto insurer, is exiting the banking business and will sell about $1.1 billion in deposits to Discover Financial Services as regulators increase scrutiny of the industry.
Discover will provid...
Updated: Feb 09, 2011 at 01:52 PM
Daily Herald Editorial Board
It’s hard to imagine anyone or any organization that has been more critical than we’ve been of Illinois’ ill-advised, premature and audacious increase in the state income tax.
But that doesn’t keep us from being offended...
Updated: Feb 07, 2011 at 05:19 PM
Allstate Corp. Chief Executive Officer Thomas Wilson, whose insurer runs a savings-and-loan unit, met with representatives of the Federal Reserve Bank of Chicago for an introduction and a discussion on regulation.
Chicago Fed staff met with Wilson a...
Updated: Feb 07, 2011 at 09:13 PM
WASHINGTON — Regulators on Friday shut down three small banks in Georgia and in Chicago, bringing to 14 the number of bank failures in 2011 following last year's tally of 157 amid the sagging economy and mounting bad loans.
The Federal Deposit Insur...
Updated: Feb 04, 2011 at 07:55 PM
Ÿ Charges are not evidence of guilt. Under law, individuals are presumed innocent until proven guilty.
Arlington Heights
Ÿ Burglars pried the front door at a home on the 2000 block of Stanton Court North between 8:45 and 11 a.m. Feb. 1 and stol...
Updated: Feb 03, 2011 at 06:11 PM
Roadways are jammed, trains are stalled and police are reporting vehicles in ditches across the Chicago area in the early portion of what is expected to be a blizzard of historic proportions,
threatening to leave up to 2 feet of snow as it rolls acr...
Updated: Feb 02, 2011 at 01:02 PM
Note: Answers provided have not been edited for grammar, misspellings or typos. In some instances, candidate claims that could not be immediately verified have been omitted.
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Updated: Mar 04, 2011 at 08:22 AM
Note: Answers provided have not been edited for grammar, misspellings or typos. In some instances, candidate claims that could not be immediately verified have been omitted.
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Updated: Mar 01, 2011 at 06:50 PM