Highlights
A collection of news and information related to Allstate Corp. published by this site and its partners.
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Major Warner Center office park sold to tenant for $80 million
A vast office park in Warner Center — the white-collar business hub of the San Fernando Valley — has sold for an estimated $80 million to investors who see it as central to an evolving and increasingly dense commercial and residential...
Tags: Automotive Equipment, Realty, Brookings Institution, Warner Bros. Entertainment, Inc., Property
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Liability Claims From Dog Bites Are Increasingly Costly For Insurers
Liability claims related to dog bites are getting more expensive, according to an analysis of claims data released Wednesday by the Insurance Information Institute and State Farm. The number of dog-bite claims fell by 1.4 percent last year to 16,459 from...Tags: Insurance, Chubb Corporation
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U.S. RESEARCH ROUNDUP: Boeing, Gap Inc, Groupon, Priceline
ReutersMay 10 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Boeing and Groupon, on Friday. HIGHLIGHTS * Boeing : SocGen raises to hold from sell; price target to $94 from $86 * Gap...Tags: Ratings, Salix Pharmaceuticals Limited, Petroleum Industry, BB&T Corp., Forest Oil Corporation
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Geico on pace to pass Allstate as No. 2 insurer
Tribune reporterGeico could overtake Allstate Corp. as the nation's No. 2 auto insurer by the end of this year if current trends continue, a new analysis shows. SNL Financial, which tracks data in industries including banking and insurance, said Friday that there was...Tags: GEICO, Insurance, Marketing, Corporate Performance
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Allstate outlines further cost-cutting plans
Tribune reporterAllstate Corp., trying to reduce its expenses, took a $26 million charge against its profits in the first quarter mostly due to the Northbrook-based home and auto insurer restructuring its technology operations. In the 2012 period, Allstate took a $6...Tags: U.S. Securities and Exchange Commission, Tom Wilson
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Catastrophe losses trim Allstate profits in 1Q
Tribune reporterAllstate Corp.'s profits fell 7 percent, to $709 million, in the first quarter due to higher catastrophe losses, but the Northbrook-based home and auto insurer's results exceeded Wall Street's expectations. Net income was $1.47 a share, down from $1.53 a... -
Catastrophe losses hurt Allstate profit
ReutersMay 1 (Reuters) - Home and auto insurer Allstate Corp reported a 7.4 percent decline in quarterly profit, hurt by bigger losses from catastrophes. Net income fell to $709 million, or $1.47 cents per share, in the first quarter from $766 million, or $1.53... -
The day ahead in business May 1
Reports: MBA mortgage index for week ended April 27, 6 a.m.; ADP employment change for April, 7:15 a.m.; PMI manufacturing index for April, 7:58 a.m.; ISM manufacturing index for April, 9 a.m.; Construction spending for March, 9 a.m.; Crude inventories...
Tags: FreightCar America Incorporated, Hospira, Inc., Viacom Inc., Marriott International Inc., Allergan Inc.
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Rosenthal: Fighting Chicago's violent crime has become business of business
Jim Reynolds, who grew up in Englewood and is among this city's business elite, always has known that side of Chicago. He also knows the jolt that comes when someone, especially someone who has grown up here, first has their eyes opened and the city's...
Tags: Politics, Tom Wilson, Crime, Law and Justice, John D. and Catherine T. MacArthur Foundation, Safety of Citizens
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First lady coming home to address youth violence
First lady Michelle Obama will return to Chicago April 10 to speak at a working lunch hosted by Mayor Rahm Emanuel that is aimed at addressing youth violence in the city. According to an announcement Wednesday by the first lady's office, she will urge...Tags: Barack Obama, Easter, John D. and Catherine T. MacArthur Foundation, State of the Union Address, Hadiya Pendleton
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Will Penny Pritzker become the next U.S. commerce secretary?
In late 2009, President Barack Obama appeared on "60 Minutes" and said "fat-cat bankers" were smothering his efforts to craft new rules for Wall Street. As soon as the reforms cleared Congress six months later, the president's top advisers launched a...
Tags: Barack Obama, U.S. Senate, William Daley, LaSalle Bank, McCormick Place
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Travelers Estimates $650 Million In Sandy Losses, After Tax, Reinsurance
The Hartford CourantHurricane Sandy is estimated to cost The Travelers Cos. $650 million after the company accounts for tax and reinsurance. Reinsurance is insurance for insurers, covering insured costs if the dollar amount reaches a certain level. Before tax and...Tags: Insurance, Hartford Financial Services Group Incorporated, Chubb Corporation, American International Group, Transportation Industry
May 16, 2013
|Story| Los Angeles Times
May 15, 2013
|Story| Hartford Courant
May 10, 2013
|Story| Reuters
May 3, 2013
|Story| Chicago Tribune
May 2, 2013
|Story| Chicago Tribune
May 1, 2013
|Story| Chicago Tribune
May 1, 2013
|Story| Reuters
May 1, 2013
|Story| Chicago Tribune
Apr 10, 2013
|Column| Chicago Tribune
Mar 28, 2013
|Story| Chicago Tribune
Mar 3, 2013
|Column| Chicago Tribune
Dec 5, 2012
|Story| Hartford Courant
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