Alexi Morgan is a writer who has spent her career curating data-driven content to help consumers make better financial decisions. Specializing in topics from car insurance to banking, she has led ...

Allstate’s stock plunged today on a disclosure to investors that the company’s auto insurance business remains well in the red, despite substantial rate hikes through the first half of the year.

Allstate, the second-largest auto insurer in Illinois, is hiking rates for most customers in its home state by 12% beginning later this month. The increase is one of the steepest one-time price ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. Allstate customers in the Golden State will ...

Allstate has agreed to buy low-cost auto insurance provider SafeAuto for $300 million, expanding the insurance giant’s state-minimum auto coverage offerings. The deal for privately owned SafeAuto, ...

Allstate raised auto insurance rates by 14% in Illinois last month, dramatically outpacing the national average and the inflation rate. State Farm wasn’t far behind, increasing rates by more than 8% ...