After 40-plus years, it’s the last day on the job for industry icon J.R. (Bob) Tisdale Canadian P&C insurance industry icon J.R. (Bob) Tisdale is stepping down today as president and chief operating officer of Pembridge and Pafco insurance companies in Canada, coinciding with his 40-year work anniversary. Allstate Insurance Company of Canada first announced his retirement in August 2019. “In my 42 years in the industry, I have seen some incredible changes,” Tisdale wrote in a LinkedIn post commemorating the occasion. “It seems every time our industry is challenged with something new we adapt and provide the products and services necessary to protect people’s financial well-being...
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The world isn’t standing still, and neither is Allstate. We’re moving quickly, looking across our businesses and brands and taking bold steps to better serve customers’ evolving needs. That’s why now is an exciting time to join our team. As a leader in a corporation with 83,000 employees and agency force members, you’ll have a hand in transforming not only Allstate but a dynamic industry. You’ll have opportunities to take risks, challenge the status quo and shape the future for the greater good. You’ll do all this in an environment of excellence and the highest ethical standards – a place where values such as integrity, inclusive diversity and accountability are paramount. We empower every...
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The Allstate Corp. ALL is scheduled to report second-quarter earnings on Aug 4, after market close. The company’s earnings as well as revenues are expected to have declined year over year. In the last reported quarter, Allstate’s earnings surpassed the Zacks Consensus Estimate by 13.46%, led by increased premiums and policies in force. Q2 Earnings & Revenue Expectations The Zacks Consensus Estimate for Allstate’s second-quarter earnings of $1.41 per share implies a 35.32% decrease from the prior-year quarter’s reported number. Likewise, the consensus estimate for sales of $10.8 billion suggests a 0.61% dip from the year-ago quarter’s reported figure. Factors at Play Allstate’s results...
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Sr. Trial Attorney - Orlando, FL The world isn’t standing still, and neither is Allstate. We’re moving quickly, looking across our businesses and brands and taking bold steps to better serve customers’ evolving needs. That’s why now is an exciting time to join our team. As a leader in a corporation with 83,000 employees and agency force members, you’ll have a hand in transforming not only Allstate but a dynamic industry. You’ll have opportunities to take risks, challenge the status quo and shape the future for the greater good. You’ll do all this in an environment of excellence and the highest ethical standards – a place where values such as integrity, inclusive diversity and accountability...
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AM Best has commented that the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of "aa" of the members of Allstate Insurance Group (Allstate) and the key life/health members of the Allstate Life Group (Allstate Life), along with the FSR of A (Excellent) and the Long-Term ICRs of "a" of the members of Allstate New Jersey Insurance Group, remain unchanged following the July 7, 2020, announcement that National General Holdings Corp. (NGHC) would be acquired. The outlook of these Credit Ratings (ratings) is stable. The Allstate Corporation (AllCorp) has agreed to acquire NGHC for an estimated $4 billion in cash. The transaction is to be...
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Thomas J. Wilson collects old photographs. On the wall behind his desk at the Northbrook, Illinois, headquarters of Allstate Insurance Co. hangs one such photo, featuring a gaggle of kids a century ago, their faces exhibiting a range of personalities. “The picture helps me remember that everybody is different and has different needs,” says Wilson, CFO of the personal lines insurer, which had $24.9 billion in revenues last year. The 40-year-old Wilson built Allstate’s finance department from scratch. The insurer– since 1931 a subsidiary of retailing giant Sears, Roebuck and Co.–became a fully independent public company in 1995, following a successful initial...
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Allstate Expands Personal Lines Market Position with Acquisition of National General NORTHBROOK, Ill., July 07, 2020 (GLOBE NEWSWIRE) -- The Allstate Corporation (NYSE: ALL) has agreed to acquire National General Holdings Corporation for approximately $4 billion in cash, or $34.50 per share. The transaction is expected to close in early 2021, subject to regulatory approvals and other customary closing conditions. “Acquiring National General accelerates Allstate’s strategy to increase market share in personal property-liability and significantly expands our independent agent distribution,” said Tom Wilson, Chair, President and CEO. “The acquisition increases personal lines premiums by $4.0...
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WASHINGTON, June 24, 2020 /PRNewswire/ -- AARP members may now enjoy new benefits from two new providers, as well as expanded offers this summer. The new providers include Blueprint Income and NortonLifeLock, and an updated offering from Allstate. "In uncertain times, safety and security matter more than ever, " said John Larew, AARP Services President and CEO. "The offers released this summer join a wide array of discounts and resources to help members live life securely and confidently as they age." AARP® Annuity Marketplace powered by Blueprint Income – AARP members can access an online marketplace of annuities that offer a guaranteed return or income from highly-rated insurers. They...
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The Multi-car Insurance market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, the impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations. Top Leading Companies of Global Multi-car Insurance Market are AXA, Allstate Insurance, Berkshire Hathaway, Allianz, AIG, Generali, State Farm Insurance, Munich Reinsurance, Metlife, Nippon Life Insurance, Ping An, PICC, China Life...
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Second installment brings total to more than $60 million in continued COVID-19 relief efforts MARKHAM, ON, June 8, 2020 /CNW/ -Allstate Insurance Company of Canada, together with Pembridge Insurance Company and Pafco Insurance Company (ACG), is announcing a second "Stay at Home Payment" to customers as they continue to drive less and get in fewer accidents. The initial relief payment of more than $30 million dollars was announced in April 2020 in response to the COVID-19 pandemic. The second "Stay at Home Payment" will follow similar parameters, with ACG giving an additional $30 million dollars back to support its personal auto insurance customers. All Allstate, Pembridge and Pafco...
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