Allstate | Jotup

Allstate Announces September and Third Quarter 2023 Catastrophe Losses, Implemented Rates and Prior Year Reserve Reestimates

Retrieved on:

Thursday, October 19, 2023

Insurance, Professional Services, Allstate, Wind, NYSE, ALL, National General Pictures

September month catastrophe losses include 17 events estimated at $357 million, with approximately 80% of the losses related to two wind and hail events, partially offset by favorable reserve reestimates for prior events.

Key Points:

September month catastrophe losses include 17 events estimated at $357 million, with approximately 80% of the losses related to two wind and hail events, partially offset by favorable reserve reestimates for prior events.
Total catastrophe losses for the third quarter were $1.18 billion, pre-tax.
Unfavorable prior year reserve reestimates, excluding catastrophes, totaled $166 million in the third quarter, with approximately $84 million related to Allstate Protection and $82 million attributable to the Run-off Property-Liability annual reserve review.
During the month of September, the Allstate brand implemented auto rate increases of 4.5% across 9 locations, resulting in total brand premium impact of 0.9%.

Consumer Satisfaction With Health Insurance Hits Record High, While Nonhospital Care Joins Index Leaders, ACSI Data Show

Retrieved on:

Tuesday, October 17, 2023

Health insurance satisfaction surges 4% to a record-high score of 76 (out of 100), with customer engagement points like call centers and websites improving 5% year over year, according to the American Customer Satisfaction Index (ACSI ® ) Insurance and Health Care Study 2022-2023 .

Key Points:

Health insurance satisfaction surges 4% to a record-high score of 76 (out of 100), with customer engagement points like call centers and websites improving 5% year over year, according to the American Customer Satisfaction Index (ACSI ® ) Insurance and Health Care Study 2022-2023 .
Health insurers experience widespread policyholder satisfaction gains, with all but one provider upping their ACSI score.
Satisfaction with hospitals rises too, driven by improved outpatient care, which climbs 5% to an ACSI score of 81.
The ACSI Insurance and Health Care Study 2022-2023 is based on interviews with 12,849 customers, chosen at random and contacted via email between October 2022 and September 2023.

Continental Tire Teams with Tree Canada to Promote Environmental Stewardship at The Allstate Soccer Show

Retrieved on:

Thursday, October 5, 2023

Partnership, School, Sport, Communication, Tree, Beauty, CPL, Continental AG, Transport, Carbon, MLS, Continental, Allstate, Tree Canada, Tire, Research, Tourism, Forestry

During The Allstate Soccer Show, Continental will launch a campaign where it pledges to donate funds to Tree Canada to plant one tree seedling for every guest who joins Continental on the Training Field Activation for a shot on goal.

Key Points:

During The Allstate Soccer Show, Continental will launch a campaign where it pledges to donate funds to Tree Canada to plant one tree seedling for every guest who joins Continental on the Training Field Activation for a shot on goal.
Continental Tire has always been committed to making the world more sustainable for future generations.
By tying the number of participants to trees planted, Continental aims to promote the spirit of the game but also underscore their dedication to environmental conservation.
"Our partnership with Tree Canada holds great significance in the wake of recent Canadian forest fires.

Newfront's Expansion in Austin Highlights Ongoing Growth and Expertise

Retrieved on:

Thursday, October 12, 2023

Professional Services, Insurance, Human Resources, Multimedia, Senior, Risk management, University, Certified Insurance Counselor, Financial plan, Growth, Burns, Associate, CRIS, Allstate, Management, Texas Tech University

Newfront , the tech-driven insurance brokerage firm based in San Francisco, has expanded its footprint with strategic additions in Austin, Texas.

Key Points:

Newfront , the tech-driven insurance brokerage firm based in San Francisco, has expanded its footprint with strategic additions in Austin, Texas.
Todd Burns joins as Senior Vice President and Austin Market Leader, and Lee Sheppard joins as Associate Vice President, further cementing Newfront’s presence throughout Texas.
Regional Managing Director for the South, Matt Summers, who also leads Newfront’s construction group, joined in February to focus on growth in the Lone Star state.
“Todd and Lee bring exceptional value to our team and to Austin, which is one of the fastest developing areas in the country,” said Summers.

HEALTHSCOPE : AI ENABLES PATIENT EMOTIONS TO BE ANALYSED IMPROVING HOSPITAL EXPERIENCE.

Retrieved on:

Sunday, October 15, 2023

Anita Hodge National Manager Reported Experience and Outcomes for Healthscope says going beyond numbers to "understand patient emotions and each individual story" now plays a key role to better understanding how to improve patient experience.

Key Points:

Anita Hodge National Manager Reported Experience and Outcomes for Healthscope says going beyond numbers to "understand patient emotions and each individual story" now plays a key role to better understanding how to improve patient experience.
Patient experience includes everything from admissions processes, to the food patients eat, to the bedside manner of clinicians to patients being discharged.
By improving factors such as these, evidence from clinical studies have shown this leads to better patient outcomes.
The results on improving operational indicators from deploying Adoreboard have been both impressive and impactful to the business and frontline clinical staff."

HEALTHSCOPE : AI ENABLES PATIENT EMOTIONS TO BE ANALYSED IMPROVING HOSPITAL EXPERIENCE.

Retrieved on:

Sunday, October 15, 2023

Anita Hodge National Manager Reported Experience and Outcomes for Healthscope says going beyond numbers to "understand patient emotions and each individual story" now plays a key role to better understanding how to improve patient experience.

Key Points:

Anita Hodge National Manager Reported Experience and Outcomes for Healthscope says going beyond numbers to "understand patient emotions and each individual story" now plays a key role to better understanding how to improve patient experience.
Patient experience includes everything from admissions processes, to the food patients eat, to the bedside manner of clinicians to patients being discharged.
By improving factors such as these, evidence from clinical studies have shown this leads to better patient outcomes.
The results on improving operational indicators from deploying Adoreboard have been both impressive and impactful to the business and frontline clinical staff."

Usage Based Insurance Market worth $80.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Friday, October 13, 2023

Battery electric vehicles (BEVs) are equipped with various sensors that generate data about vehicle usage, such as speed, mileage, braking patterns, and battery usage.

Key Points:

Battery electric vehicles (BEVs) are equipped with various sensors that generate data about vehicle usage, such as speed, mileage, braking patterns, and battery usage.
North America has UBI's top key players: Allstate Insurance Company, Farmers Insurance, Nationwide Mutual Insurance Company, Progressive Casualty Insurance Company, State Farm Mutual Automobile Insurance Company, etc.
The usage-based insurance companies in North America, are UnipolSai Assicurazioni S.p.A (Italy), Progressive Casualty Insurance Company (US), Allstate Insurance Company (US), State Farm Automobile Mutual Insurance Company (US), and Liberty Mutual Insurance Company (US).
In July 2021, Unipol's Linear Assicurazioni and Cambridge Mobile Telematics (CMT) launched Italy's first try-before-you-buy auto insurance program.

Usage Based Insurance Market worth $80.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Friday, October 13, 2023

Battery electric vehicles (BEVs) are equipped with various sensors that generate data about vehicle usage, such as speed, mileage, braking patterns, and battery usage.

Key Points:

Battery electric vehicles (BEVs) are equipped with various sensors that generate data about vehicle usage, such as speed, mileage, braking patterns, and battery usage.
North America has UBI's top key players: Allstate Insurance Company, Farmers Insurance, Nationwide Mutual Insurance Company, Progressive Casualty Insurance Company, State Farm Mutual Automobile Insurance Company, etc.
The usage-based insurance companies in North America, are UnipolSai Assicurazioni S.p.A (Italy), Progressive Casualty Insurance Company (US), Allstate Insurance Company (US), State Farm Automobile Mutual Insurance Company (US), and Liberty Mutual Insurance Company (US).
In July 2021, Unipol's Linear Assicurazioni and Cambridge Mobile Telematics (CMT) launched Italy's first try-before-you-buy auto insurance program.

Securing Your Sanctuary: A Guide to Home Selection With Insurance Risk in Mind for Bay Area Home Buyers

Retrieved on:

Tuesday, October 3, 2023

SAN FRANCISCO, Oct. 3, 2023 /PRNewswire-PRWeb/ -- Atlasa is the world's first and only data-driven Real Estate Brokerage. Our team seeks to provide home buyers and sellers with timely insights about the real estate market to keep you informed about your home search.

Key Points:

With major insurers like State Farm and Allstate halting homeowners insurance coverage in California, it has become imperative for potential buyers to select a home with insurance risk in mind.
With major insurers like State Farm and Allstate halting homeowners insurance coverage in California, it has become imperative for potential buyers to select a home with insurance risk in mind.
Governor Gavin Newsom and California's Insurance Commissioner, Ricardo Lora, have acknowledged the need for significant changes to regulate the state's home insurance market.
So, what can Bay Area home buyers do to secure their sanctuary in the face of these insurance challenges?

CenterPoint Energy Appoints New Board Members Thaddeus J. Malik and Ricky A. Raven

Retrieved on:

Tuesday, October 3, 2023

Allstate, Senior, Electricity, Risk management, Cummings, CNP, CenterPoint Energy, Natural gas, NYSE, Independent, Management, Thad

With the appointments of Malik and Raven, CenterPoint Energy's Board is now composed of 11 directors, 10 of whom are independent.

Key Points:

With the appointments of Malik and Raven, CenterPoint Energy's Board is now composed of 11 directors, 10 of whom are independent.
"The decision to expand our Board of Directors with the additions of Thad and Ricky reflects our ongoing commitment to anchor the Board with directors who have outstanding corporate governance backgrounds," said Earl M. Cummings, Independent Chair of the Board.
Malik said, "CenterPoint Energy serves an immensely important role in supporting communities by delivering electricity and natural gas to millions of customers across six states, and I am honored to join the Board.
As a CenterPoint Energy customer, I have long admired the critically important work and services the company provides to its customers and communities."