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Insurance

New trends in attracting and retaining talent

By Tony Alberico
Jun 14, 2021 2:56 PM - As the economy begins to steadily improve and competition for top job talent tightens, finding new ways to appeal to potential new hires continues to be an ongoing challenge for employers. With a new age of workers upon us, a new age of problems have surfaced as well.
Moody's upgrades Kemper's outlook to positive

Jun 4, 2021 3:03 PM - Kemper Corp. Friday said Moody's Investors Service has revised its rating outlook for Kemper to positive from stable, based on the group's improving profitability and solid market position as a leading non-standard personal auto insurer.
Allstate acquires SafeAuto in all-cash transaction

Jun 2, 2021 2:35 PM - Allstate Corp. has agreed to acquire SafeAuto, a non-standard auto insurance carrier, for $270 million plus approximately $30 million in pre-close dividends of certain non-insurance assets.
'My challenge is to master industry changes'

May 21, 2021 11:53 AM - Getting to know David Castillo, president of Davesurance Inc. in Lisle.
Hailstorm part of Allstate's April losses

May 20, 2021 2:42 PM - Allstate Corp. Thursday announced estimated catastrophe losses of $544 million for the month of April. Catastrophe losses in April includent five major events at an estimated cost of $490 million, plus unfavorable prior period reserve estimates.
Allstate revenue grows 26% in quarter

May 7, 2021 2:01 PM - Allstate Corp. reported revenues of $12.5 billion in the first quarter, an increase of 26.2% compared to the prior year quarter, primarily reflecting the acquisition of National General Insurance.
Allstate announces first quarter catastrophe losses

Apr 15, 2021 1:44 PM - Allstate Corp. announced $466 million in catastrophe losses for the first quarter of 2021.
Kemper completes acquisition of American Access

Apr 1, 2021 12:33 PM - Kemper Corp. Thursday said it has closed its previously announced acquisition of American Access Casualty Co. and its related captive insurance agency, Newins Insurance Agency Holdings LLC, and its subsidiaries.
Allstate to sell last life insurance company

Mar 29, 2021 2:01 PM - Allstate Corp. Monday said it has agreed to sell Allstate Life Insurance Co. of New York to Wilton Re for $220 million. This transaction, along with the previously announced agreement to sell Allstate Life Insurance Co. and certain affiliates to entities managed by Blackstone, completes Allstate's exit from the life and annuity businesses.
Insurance agent joins Brightway, The Janicki Agency

Mar 24, 2021 9:00 AM - Matt Maday is the newest insurance agent to join Brightway, The Janicki Agency, in Lake Zurich. Maday comes to Brightway with 13 years of insurance experience. Most recently, he was an agent with Allstate.

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