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Jun 24, 2021 · Allstate Corp. wants to buy more independent insurance agencies this year to build the business it acquired with its purchase of National General, ... when renewals continue to drop and ...
Agent sources say the drop in Allstate agents is due to unhappy people leaving and forming independent agencies or simply retiring. Wilson says the company temporarily paused new agent ...
Jun 23, 2021 · On the issue of climate change, Wilson said the U.S. government should, over a period of years, get out of the money-losing flood insurance program and shift coverage to the private sector.
Feb 23, 2023 · The 19% drop over the past two years raises questions about the future for Allstate agents. Allstate CEO Tom Wilson has made no secret about his desire to sell insurance and other products through ...
Jun 23, 2021 · June 23, 2021 02:29 PM. Allstate is dramatically reducing compensation for its agents beginning in 2023. The Northbrook-based insurer dropped the news on its sales force yesterday. The commission ...
Oct 30, 2024 · An outline of Allstate's layoff strategy. The insurance industry adapts to changing customer needs and market conditions, as demonstrated by Allstate Corporation's plan to lay off 3,800 workers in 2020, or 7.5% of its total workforce. The choice was made to restructure the company to boost profitability and efficacy in a shifting market.
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Feb 24, 2023 · Allstate Insurance Company has reported a considerable drop in its insurance agent count. In a Securities and Exchange Commission filing submitted on February 16, the insurer disclosed that it has ...
