Tag Archives: National General

Allstate to Seek Additional Auto Insurance Rate Increases

Allstate CEO Tom Wilson told investors during the company’s February 8 Fourth Quarter 2024 earnings call that the company plans to pursue further rate increases in its auto insurance business this year. In December 2023, Allstate received approvals for rate … Continue reading

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Man’s Car insurance Retroactively Canceled after Accident

Sergio Preciado got in a car accident back in July of 2022 when he was exiting Interstate 805. He admits it was his fault, adding that nobody was injured in the crash … His insurance company, National General, later told … Continue reading

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Allstate Closes Acquisition of National General Holdings Corp.

The Allstate Corporation (Allstate) recently announced that it closed its $4 billion acquisition of National General Holdings Corp. “The acquisition of National General advances our strategy of growing personal lines insurance with an increase of one percentage point in market … Continue reading

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Allstate Acquires National General

The Allstate Corporation (Allstate) has agreed to acquire National General Holdings Corporation (National General) for approximately $4 billion in cash, or $34.50 per share. The transaction is expected to close in early 2021, and is subject to regulatory approvals and … Continue reading

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