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SHOCKING: 4 | Mind Blowing Facts

Understanding the ethical and business imperatives of generative AI

Larger societal challenges are emerging as employers continue to increasingly incorporate AI in the workplace.

Fortune

DirecTV and Notre Dame Football Fly Above Nexstar Blackout with 4K Channel, New Sponsorship Deal

DirecTV hasn't been able to fix the biggest station blackout ever, but it just joined Citi, Allstate and Howard Bailey as Notre Dame sports sponsors

Broadcasting & Cable

More evidence that car insurance pricing in Illinois is biased against the poor

A new study backs up a Sun-Times Watchdogs report and comes as rates across the state continue to skyrocket. The study found that bad credit means you pay more for car insurance.

Chicago Sun-Times

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How climate change could cause a home insurance meltdown

It's increasingly expensive and difficult to get home insurance, as losses rise from climate-driven disasters such as wildfires and hurricanes. And the solutions aren't always politically popular.

WEKU

‘We can’t escape’: climate crisis is driving up cost of living in the US west

Extreme weather, fueled by global heating, is affecting energy, water, insurance premiums and food and housing costs

The Guardian - US

State Farm stopped insuring California homes due to climate risks. But it shares lobbyists with big oil

Allstate, too, has pulled out of climate disaster-prone areas while hiring lobbyists who are also aligned to fossil fuel interests

The Guardian - US

Column: State Farm is right. California can’t keep building housing in high-risk places

Back in January, on a dark night of pelting rain, Erica Lopez Bedolla had only minutes to evacuate her family from the impoverished Central Valley town of Planada after a levee broke.

Los Angeles Times

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California lets Allstate hike rates — but insurer still won’t write new home policies

Allstate has received California’s blessing to raise homeowner insurance premiums 4%, but the state’s fifth largest home insurer said it has no plans to reverse its decision last fall to stop writing new policies.

Tribune News Service

Can insurance come to our climate rescue?

California's fall from grace has been steep and swift, and now even the insurance companies are pulling out. The two biggest American home insurance companies, State Farm and Allstate, announced last week that they will stop selling insurance policies to Californians. Why? Climate change-related wildfires are making it too risky…

Bangkok Post

Why insurance companies are pulling out of California and Florida, and how to fix some of the underlying problems

When the nation’s No. 1 and No. 4 property and casualty insurance companies – State Farm and Allstate – confirmed that they would stop issuing new home insurance policies in California, it may have been a shock but shouldn’t have been a surprise. It’s a trend Florida and other hurricane-…

The Conversation

Uninsurable America: Climate change hits the insurance industry

The threat of climate change-related disasters is a large factor driving up consumer costs and putting insurers out of business.

Axios

California insurance market rattled by withdrawal of major companies

Two insurance industry giants have stepped back from the California marketplace

The Independent UK

Car insurance prices soar in Illinois, Rep. Will Guzzardi aiming to crack down on insurers

Chicago rep wants to require getting prior state approval for rate hikes, ban “excessive” increases and outlaw consideration of gender, occupation and credit scores in car insurance pricing.

Chicago Sun-Times

Dealers still sell Hyundais and Kias vulnerable to theft, but insurance is hard to get

Some insurance companies have stopped issuing new policies for models that are subject to a high rate of thefts, but consumers are still able to buy the cars.

WEKU

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Kiplinger

Cheapest Home Insurance: How to Find the Best Policy

Homeowners insurance can help cover your home in the event of a burglary, fire or natural disaster and the following tips can help you score the cheapest policies.

Tribune News Service

Television Q&A: Is that really Mayhem's brother in Allstate ad?

You have questions. I have some answers.

Tom’s Guide

Samsung Galaxy S23 drop test is a great argument for buying a phone case

The Samsung Galaxy S23 isn't immune to fall damage, as drop tests conducted by Allstate Protection Plans reveals.

Birmingham Post

Allstate NI names Dr Stephen McKeown as new Northern Ireland boss

He succeeds John Healy who announced his intention to stand down last year

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Fortune

Commuting is overrated and flexibility sells, says the CEO of Allstate

"Flexibility really sells," says Allstate CEO Tom Wilson, who prioritizes treating employees like customers.

The Denver Post

Thefts of Kias, Hyundais in Colorado chase away auto insurance companies

With car thefts spiking in Colorado the past few years, three auto insurance carriers are now declining to cover certain vehicles, leaving at-risk owners with fewer options.

Los Angeles Times

Californians are in for another bill increase: car insurance

Some California drivers will be getting a nasty surprise when they open their car insurance bills this year.

Chicago Sun-Times

Car insurance rate hikes could require state approval under new bill

Forty-eight states have oversight of car insurer’s rate hikes and prohibit that type of discrimination — but Illinois is not one of them. House Bill 2203 could change that.

Chicago Sun-Times

Pritzker sets aside $40 million for industrial growth

The state grants would be available for work on parcels of at least 200 acres.

Tribune News Service

Laid off tech workers are about to get help from Allstate

Allstate Corp. plans to tap the pool of recently fired tech workers to help the insurer overhaul its business.

Benzinga

Looking At Allstate's Recent Whale Trades

Someone with a lot of money to spend has taken a bearish stance on Allstate (NYSE:ALL). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

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