The trusted source of unique, data-driven insights on insurance to inform and empower consumers.
|Workers Comp:A Strong Line Rebounds From Pandemic Pressure
Max Dorfman, Research Writer, Triple-I The workers compensation field is “responding and adapting remarkably well to economic changes,” according to Donna Glenn, chief actuary, National Council on Compensation Insurance (NCCI). “The pandemic brought new occupational illnesses into the system, but it was offset by a reduction of other types of claims back in 2020.” Glenn made … Continue reading Workers Comp:A Strong Line Rebounds From Pandemic Pressure
POSTED SEPTEMBER 23, 2022 6:41 PM
|Kia, Hyundai Vehicles Stolen at Record Rates
Max Dorfman, Research Writer, Triple-I Bargain-priced Kia and Hyundai vehicles have begun being targeted for theft at rates similar to muscle cars and SUVs, the Highway Loss Data Institute (HLDI) has reported, based on an analysis of 2021 insurance claims. The spike is due, in part, to the fact that the models being stolen don’t … Continue reading Kia, Hyundai Vehicles Stolen at Record Rates
POSTED SEPTEMBER 22, 2022 5:29 PM
|Chubb Study Parses Insurance-Buying Behavior By Generation
Millennial and Generation Z consumers are more likely than Baby Boomers or Gen-Xers to seek insurance advice from an agent or broker, according to recent findings by Chubb. The Chubb study explores attitudes about insurance-related matters across five generations of affluent and high net worth consumers in the U.S. and Canada. Its findings reveal differences in: … Continue reading Chubb Study Parses Insurance-Buying Behavior By Generation
POSTED SEPTEMBER 20, 2022 3:06 PM
|PFAS-Related Litigation May Signal an Emerging Liability for Insurers
Max Dorfman, Research Writer, Triple-I Per- and Polyfluoroalkyl Substances (PFAS)—a varied group of human-made chemicals used in an array of consumer and industrial products—present a new potential liability for insurers, as U.S. regulatory activity continues to change, with lawsuit outcomes indicating this is an issue that will continue to develop. PFAS, which have existed since the 1930s, … Continue reading PFAS-Related Litigation May Signal an Emerging Liability for Insurers
POSTED SEPTEMBER 15, 2022 7:59 PM
|Report: Traditional Reinsurance Capital Declining
By Max Dorfman, Research Writer, Triple-I A recent AM Best report finds that traditional reinsurance capital will decrease by approximately $40 billion by the end of 2022, lowering the total to $435 billion. This 8.4 percent decline comes after substantial increases of 15.5 percent for 2019, 8.9 percent for 2020, and 10.7 percent in 2021. … Continue reading Report: Traditional Reinsurance Capital Declining
POSTED SEPTEMBER 08, 2022 5:30 PM
News – Allstate Newsroom
|Nearly 1-in-5 U.S. Workers Contacted About a Suspicious Job Opportunity as Scammers Capitalize on Remote Work
The alarming trend featured in Allstate Identity Protection’s “Identity Fraud in Focus” report comes as Americans lose millions from fake…
The post Nearly 1-in-5 U.S. Workers Contacted About a Suspicious Job Opportunity as Scammers Capitalize on Remote Work appeared first on Allstate Newsroom.
POSTED SEPTEMBER 26, 2022 4:37 PM
|Allstate Announces August 2022 Implemented Auto Rates
NORTHBROOK, Ill., September 15, 2022 – The Allstate Corporation (NYSE: ALL) today announced implemented auto rates for August 2022. “Allstate continues…
The post Allstate Announces August 2022 Implemented Auto Rates appeared first on Allstate Newsroom.
POSTED SEPTEMBER 15, 2022 12:20 PM
|Allstate CEO to Present at Barclays 2022 Global Financial Services Conference
NORTHBROOK, Ill., Aug. 25, 2022 – The Allstate Corporation (NYSE: ALL), one of the nation’s largest publicly held personal lines…
The post Allstate CEO to Present at Barclays 2022 Global Financial Services Conference appeared first on Allstate Newsroom.
POSTED AUGUST 25, 2022 2:06 PM
|Allstate Announces Preferred Stock Dividends
NORTHBROOK, Ill., Aug. 23, 2022 – The Allstate Corporation (NYSE: ALL) today declared approximately $26.3 million in aggregate dividends on…
The post Allstate Announces Preferred Stock Dividends appeared first on Allstate Newsroom.
POSTED AUGUST 23, 2022 3:39 PM
|Allstate’s Leadership Depth Provides Strategic and Operational Continuity
Mario Rizzo succeeds Glenn Shapiro, who is retiring as President, Property-Liability
Jess Merten succeeds Rizzo as Chief Financial Officer
The post Allstate’s Leadership Depth Provides Strategic and Operational Continuity appeared first on Allstate Newsroom.
POSTED AUGUST 18, 2022 9:04 PM