NORTHBROOK, Ill., Nov 1, 2024—The Allstate Foundation, in collaboration with the Center for Expanding Leadership & Opportunity (CELO), granted $10,000 each to 50 colleges and universities. These funds will go directly to youth-led, youth driven service programs on campuses across the country. It’s part of The Allstate Foundation’s national strategy to empower youth to serve and improve communities. “We believe youth have innovative ideas for creating impact in their communities, so it’s important for us to equip and empower them with resources to transform their ideas into action,” said Greg Weatherford II, Director, The Allstate Foundation and Social Impact. “These national grants are…
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Did you know? One of the biggest threats to your small business isn’t an external factor, but an internal one. Employee theft accounts for some of the highest losses among small business owners every year. It’s a shocking fact, but it’s also one that can be reduced. Follow these six tips to prevent employee theft and protect your small business. Perform a background check. Start with a reference check. Then, take the next step. The National Federation of Independent Business recommends you perform background checks on potential hires, and so do we, especially if they’ll be handling your finances. Get…
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NORTHBROOK, Ill., Oct. 30, 2024 – The Allstate Corporation (NYSE: ALL) has filed a Form 8-K reporting its financial results for the quarter ended September 30, 2024. You can find the Form 8-K, including the earnings release and investor supplement, on the company’s page at sec.gov. These materials are also now available at www.allstateinvestors.com, including the press release. The Allstate Corporation will host a conference call and webcast at 9 a.m. Eastern on Thursday, Oct. 31 to discuss third quarter results. Visit www.allstateinvestors.com for the following: Review the Form 8-K, including the earnings release and investor supplement. Access the conference…
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NORTHBROOK, Ill., Oct. 28, 2024 – Allstate today announced a new chapter in its longstanding support of college athletics that will spotlight and elevate all sports and all athletes. As part of this effort, Allstate will expand its most recognizable and impactful college football properties – the Good Hands field goal nets program and the Good Works Team – to create more opportunities for all student-athletes to achieve success on and off the field. Creating more opportunities for student-athletes: Celebrating its 20th anniversary in 2025, Allstate’s Good Hands nets have become a Saturday staple in college football while raising millions…
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With only two months left in the year, we’ll be soon gearing up to kickstart 2025, and the insurance industry stands at a critical crossroads. The global protection gap—a measure of uninsured risk—looms large, projected to reach $1.86 trillion by 2025. This figure is more than just a number; it represents real people and businesses at risk of financial ruin. Traditional insurance models are struggling to keep pace with a rapidly evolving world. Climate change, cyber threats, and shifting demographics are introducing new challenges that demand innovative solutions. Insurtech innovations present a promising pathway to the future of insurance. The…
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Sam’s club is a membership only warehouse club that caters to all the goods and services from grocery, electronics, health & wellness, to even travel and entertainment. If you live in the United States, you must have heard about this club as it is run by Walmart, the household name in the country. But Sam’s club is much more than just offering groceries at lower prices. Under its club programs, members can avail themselves of a lot of services like health services, auto care & buying, protection and installation, home improvement and maintenance, travel & entertainment, business services and much…
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Household leaks, small and large, can lead to structural damage and hefty repair bills. But with some proactive measures, you can significantly reduce the risk of water damage to your home, and prevent future hassles. Our experts are weighing in with insider advice to avert water damage that starts both inside and outside your home. Expert tips to stop water damage originating INSIDE your home. Add smart thermostats. Brands, such as Nest or Sensi, help you better control the temperature and prevent pipes from freezing. Use water leak detection. This technology can effectively limit water damage through sensors and emergency…
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Are you an insurance agent completely relying on cold-calling and physical networking only to generate more insurance leads and insurance sales? Do you want to increase your insurance agent productivity? or do you want to sell insurance from home to generate more insurance leads and sales? If you are interested in learning how to increase agent productivity and grow your revenue and sales, this article is for you. While nothing beats the power of convincing clients in a face-to-face setting, you could be missing out on a lot of potential insurance leads if you have not incorporated digital marketing and…
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The Hurricane season in 2024 has been extremely wrathful and led to tragic loss of human lives and caused havoc in states like Florida, North Carolina, and Georgia. According to science.org, the recent hurricanes Helene and Milton have caused an estimated combined damage of over $300 billion in just two weeks. Hence, the hurricanes have left these states in utter chaos and brough about a lot of damage. Luckily, the state of Louisiana has been spared from this calamity so far considering that it is also one of the most vulnerable states when it comes it hurricanes and storms. …
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NORTHBROOK, Ill., October 17, 2024 – The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of September of $889 million or $702 million, after-tax, including $630 million, pre-tax, related to Hurricane Helene. Total catastrophe losses for the third quarter were $1.70 billion or $1.35 billion, after-tax, and total catastrophe losses for September year-to-date were $4.55 billion or $3.60 billion, after-tax. During the third quarter of 2024, the Company performed its annual run-off property-liability reserve review, which resulted in unfavorable reserve reestimates totaling $58 million or $46 million, after-tax. Rate increases for Allstate brand auto insurance resulted in a premium impact for rates implemented of 2.9% in…