Allstate

Repairify™ Announces Executive Leadership Changes

Retrieved on: 
Friday, February 2, 2024
Allstate, Progressive Corporation, Growth, Knowledge, Ecosystem, Management

Repairify is excited to welcome Craig Edmonds as President of asTech, where he will drive continued enhancements to asTech's business.

Key Points: 
  • Repairify is excited to welcome Craig Edmonds as President of asTech, where he will drive continued enhancements to asTech's business.
  • Craig brings over 36 years of experience in the automotive insurance space, having held key executive leadership roles at Progressive Insurance and Allstate.
  • This includes all company operations, product development, global shared services, and global growth.
  • I have no doubt Craig's wealth of knowledge and experience will further optimize asTech's platforms and offerings."

Allstate Announces Fourth Quarter 2023 Catastrophe Losses, Prior Year Reserve Reestimates, and December and Fourth Quarter 2023 Implemented Rates

Retrieved on: 
Thursday, January 18, 2024
Insurance, Professional Services, Allstate, Exchange, Security (finance), ALL

The Allstate Corporation (NYSE: ALL) today announced fourth quarter estimated catastrophe losses, prior year reserve reestimates and implemented rates.

Key Points: 
  • The Allstate Corporation (NYSE: ALL) today announced fourth quarter estimated catastrophe losses, prior year reserve reestimates and implemented rates.
  • Allstate’s estimated catastrophe losses were below the $150 million reporting threshold for December 2023.
  • Total catastrophe losses for the fourth quarter were $68 million, pre-tax.
  • Unfavorable prior year reserve reestimates, excluding catastrophes, totaled $199 million in the fourth quarter, with approximately $148 million related to personal auto, including costs for claims in litigation.

Verisk Partners with Chief Claims Officers to Create Claims Advisory Board

Retrieved on: 
Tuesday, January 16, 2024
Digital technology, Farmers Insurance Group, P&C, CCO, Data management, USAA, Partnership, Insurance, Property, VRSK, Progressive Corporation, Ecosystem, Executive, Strategic planning, Allstate, Risk, Fraud, Finchum, Organization, Farmer, Management

JERSEY CITY, N.J., Jan. 16, 2024 (GLOBE NEWSWIRE) -- To address the ever-evolving needs of claims organizations and to continue delivering cutting-edge solutions and value, Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, has formed the Verisk Claims Advisory Board.

Key Points: 
  • JERSEY CITY, N.J., Jan. 16, 2024 (GLOBE NEWSWIRE) -- To address the ever-evolving needs of claims organizations and to continue delivering cutting-edge solutions and value, Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, has formed the Verisk Claims Advisory Board.
  • Comprised of a group of former chief claims officers across the insurance industry, the Board will advise Verisk’s Claims Solutions on its innovation roadmap to ensure the company is enriching the claims ecosystem by continuing to streamline client workflows, improve claims management and support superior customer experiences.
  • The Verisk Claims Advisory Board is comprised of the following experts:
    • Eric Brandt – Eric Brandt has more than 30 years’ experience leading technology and operations across consumer, commercial, and group benefits lines of business.
  • “At Verisk, we value learning and collaboration as important and effective ways to continue moving the industry forward through value co-creation with customer and ecosystem partners,” said Maroun Mourad, president, Verisk Claims Solutions.

EQS-News: STAIDIUM U.S. TO PARTICIPATE IN PIONEERING MLS INNOVATION LAB FROM MAJOR LEAGUE SOCCER

Retrieved on: 
Saturday, January 13, 2024
CONCACAF, Major League Soccer, Artificial intelligence, Soccer United Marketing, Generation Adidas Cup, Partnership, Athlete, League, AI, Liga MX, Ecosystem, Sport, Leagues Cup, COVID-19, Generation, Apple, Allstate, Football, Growth, Medical device

Officially kicked off in December at MLS NEXT FEST in Arizona, MLS Innovation Lab is the latest initiative from Major League Soccer, which has been recognized as a global leader in innovation.

Key Points: 
  • Officially kicked off in December at MLS NEXT FEST in Arizona, MLS Innovation Lab is the latest initiative from Major League Soccer, which has been recognized as a global leader in innovation.
  • The League’s forward-thinking approach is the driver behind the creation of MLS Innovation Lab.
  • "Major League Soccer strives to be the front porch of innovation for the sports industry," said Gary Stevenson, Deputy Commissioner of MLS and President of Soccer United Marketing.
  • For more information on MLS Innovation Lab, or to be considered for the program in the future, visit MLSsoccer.com/InnovationLab

MAJOR LEAGUE SOCCER LAUNCHES PIONEERING MLS INNOVATION LAB

Retrieved on: 
Thursday, January 11, 2024
CONCACAF, Major League Soccer, Soccer United Marketing, Generation Adidas Cup, OTT, GPS, Partnership, Athlete, League, Liga MX, Ecosystem, Sport, Club, Language, Leagues Cup, MLS Season Pass, COVID-19, Generation, Human, Organization, Allstate, Football, Growth

NEW YORK, Jan. 11, 2024 /PRNewswire/ -- Major League Soccer (MLS) today announced the launch of MLS Innovation Lab, a program designed to shape the future of sports through the identification of cutting-edge startups and advanced technologies to help develop the next generation of athletes, enhance the fan experience and drive continued growth for the League and its Clubs. MLS Innovation Lab is the latest initiative from Major League Soccer, which has been recognized as a global leader in innovation.

Key Points: 
  • MLS Innovation Lab is the latest initiative from Major League Soccer, which has been recognized as a global leader in innovation.
  • This forward-thinking approach by MLS is the driver behind the creation of MLS Innovation Lab.
  • MLS Innovation Lab gives companies the chance to test their products in real-world environments throughout the MLS ecosystem including MLS NEXT FEST, Generation adidas Cup, MLS NEXT Cup and the MLS NEXT All-Star Game presented by Allstate, among others.
  • "Major League Soccer strives to be the front porch of innovation for the sports industry," said Gary Stevenson, Deputy Commissioner of MLS and President of Soccer United Marketing.

Allstate to Discuss Fourth Quarter 2023 Earnings With Investors

Retrieved on: 
Friday, January 5, 2024
Insurance, Professional Services, RSS, Form, Webcast, File, ALL, Security (finance), Exchange, Allstate, News, Financial adviser

The Allstate Corporation (NYSE: ALL) will conduct a conference call and webcast at 9 a.m. Eastern on Thursday, Feb. 8, 2024, to discuss fourth quarter 2023 earnings.

Key Points: 
  • The Allstate Corporation (NYSE: ALL) will conduct a conference call and webcast at 9 a.m. Eastern on Thursday, Feb. 8, 2024, to discuss fourth quarter 2023 earnings.
  • To view Allstate’s quarterly results after their filing, including the earnings release and investor supplement, visit the SEC website at www.sec.gov .
  • Visit www.allstateinvestors.com for the following:
    Review the Form 8-K, including the earnings release and investor supplement, after filing.
  • Stay up to date about financial information, like material announcements about The Allstate Corporation, which is routinely posted here.

Disney Advertising Scores Great Clips® as Official Hair Salon Sponsor of College Football Playoff

Retrieved on: 
Thursday, December 28, 2023
Men, Social Media, Sports, Consumer, Other Retail, Other Communications, Specialty, Marketing, Advertising, Cosmetics, Communications, Retail, Other Consumer, Football, Women, General Sports, Children, Great Clips, Sugar Bowl, College Football Playoff, Prudential, NCAA, SportsCenter, CFP, ESPN, Media, Social media, New Year's Six, Allstate, Sport

Disney Advertising is proud to announce Great Clips, Inc. the world’s largest salon brand, as the new Official Hair Salon Sponsor of the College Football Playoff (CFP).

Key Points: 
  • Disney Advertising is proud to announce Great Clips, Inc. the world’s largest salon brand, as the new Official Hair Salon Sponsor of the College Football Playoff (CFP).
  • This collaboration will see Great Clips take center stage with unique marketing rights and on-site activations, providing fans with an unforgettable experience during CFP National Championship weekend.
  • “There’s no better way to celebrate with fans during CFP National Championship weekend than with Disney’s reach and scale,” said Theresa Palmieri, VP, Sports Brand Solutions, Disney Advertising.
  • Finally, to further support Great Clips’ college football efforts this postseason, the brand is partnering with standout college football players throughout Bowl Season and the College Football Playoff, to help them get game ready.

Axis Names Cliff Gallant Head of Investor Relations and Corporate Development

Retrieved on: 
Monday, December 18, 2023
Professional Services, Insurance, Finance, AXS, Sale, Corporation, Hippo (company), NYSE, Senior, Head, Portfolio manager, Hippopotamus, Running, National General Insurance, AXIS, Keefe, Bruyette & Woods, Corporate development, Nomura, Allstate

AXIS Capital Holdings Limited (“AXIS Capital” or “AXIS” or the “Company”) (NYSE: AXS), today announced that it has appointed Cliff Gallant as Head of Investor Relations and Corporate Development, effective December 18, 2023.

Key Points: 
  • AXIS Capital Holdings Limited (“AXIS Capital” or “AXIS” or the “Company”) (NYSE: AXS), today announced that it has appointed Cliff Gallant as Head of Investor Relations and Corporate Development, effective December 18, 2023.
  • Mr. Gallant will report to AXIS Chief Financial Officer Peter Vogt and will serve as a member of the Company’s Global Finance leadership team.
  • “His leadership will be invaluable as we continue to deepen engagement within the investment community and foster understanding of our vision and strategy, all as we further elevate AXIS as a specialty leader.”
    Mr. Gallant most recently served as Vice President of Investor Relations and Corporate Development at Hippo Insurance where he built the organization’s investor relations program.
  • Previously Mr. Gallant served as Senior Vice President of Investor Relations at National General Insurance prior to its sale to Allstate, where he then joined the Company’s Corporate Development team.

Allstate Announces November 2023 Implemented Rates

Retrieved on: 
Thursday, December 14, 2023
Insurance, Professional Services, Allstate, NYSE, California Department of Insurance, ALL

The Allstate Corporation (NYSE: ALL) today announced implemented auto and homeowners insurance rates for November 2023.

Key Points: 
  • The Allstate Corporation (NYSE: ALL) today announced implemented auto and homeowners insurance rates for November 2023.
  • “Allstate continued to make progress on our comprehensive plan to improve profitability.
  • Implemented rate increases and inflation in insured home replacement costs resulted in a 12.6% increase in homeowners insurance average gross written premium in November 2023 compared to the prior year,” said Jess Merten, Chief Financial Officer of The Allstate Corporation.
  • The rates are expected to raise annualized written premiums by approximately $1 billion.” Our implemented rate exhibit for auto and homeowners insurance has been posted on www.allstateinvestors.com .

Allstate Announces Preferred Stock Dividends

Retrieved on: 
Tuesday, December 5, 2023
Insurance, Professional Services, Allstate, ALL, NYSE, Holding company

The Allstate Corporation (NYSE: ALL) today declared approximately $29.3 million in aggregate dividends on three series of preferred stock for the dividend period from Oct. 15, 2023, through Jan. 14, 2024.

Key Points: 
  • The Allstate Corporation (NYSE: ALL) today declared approximately $29.3 million in aggregate dividends on three series of preferred stock for the dividend period from Oct. 15, 2023, through Jan. 14, 2024.
  • All the preferred dividends are payable in cash on Jan. 16, 2024, to stockholders of record at the close of business on Dec. 29, 2023, as follows: