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Here's a helpful hint to anyone wishing to run a million-dollar insurance scam — don't post pictures on Facebook of you and your friends waving wads of cash. More »
You don't need a driver's license to own a home. You don't need to own a home to drive a car. But Allstate insurance has launched a product in Oklahoma that looks at policyholder's driving records when determining their homeowner's insurance rates. More »
As part of the Affordable Care Act, health insurers must spend at least 80% of the money they earn from premiums on actually providing health care, with the remaining cash used to cover all administrative, advertising and payroll costs. Those insurers with plans that don't follow this ratio are soon supposed to start giving the extra money back in refunds and discounts. But new legislation introduced in the Senate this week could jeopardize this, while giving insurance companies even more money to stick in their dog pillows. More »
Esurance, the insurance company known for its online quotes and annoying commercials, is now officially part of Allstate, after the larger company announced that it has completed the $1 billion acquisition. More »
The words "bat" and "rat" rhyme and some folks have been known to refer to bats as "flying rodents," but that doesn't make it so. If only someone would tell this to the folks at Allstate, who have told a California homeowner that it won't pay to rid her home of bats — something it had previously covered — because the insurance company now believes bats are rodents. More »
Noah decided that it's time to be all grown up and insure his possessions, and so he called up Allstate to take out a pretty basic renter's insurance policy. He conferred with the salesman first in order to make sure that his valuable watches would be covered under the policy, and not require an extra rider. Yes, Noah was assured, those watches would be covered. Then his policy showed up in the mail. Guess what it doesn't cover? More »
Joseph says Allstate is sticking him for more than $100 in unwarranted charges because he was so bold as to switch his policy over to a new car. He says none of his arguments have convinced the company to correct the charges and the bill has gone to collections. More »
A Florida appeals court ruled that state insurance regulators could ban Allstate from writing new insurance policies until the company complies with a subpoena. Regulators believe the insurer is gouging consumers in hurricane-prone areas with exorbitant rates. [AP] More »
