Allstate Sued for $267K Over Botched Business Inventory Claim: Retailer Blames Insurer for Shuttered Operations Imagine discovering your entire stock of clothes ruined by toxic fumes, only for your insurer to lowball the payout and leave you penniless—forcing layoffs and a business shutdown. That’s the nightmare unfolding for an Idaho retailer in a fresh federal … Read more
New York, NY — On August 26, 2025, Allstate Insurance Company filed a federal lawsuit in the U.S. District Court for the Eastern District of New York, accusing First Supply Inc., its principal Jacob Binyaminov, and several unnamed individuals and entities of orchestrating a fraudulent scheme that exploited New York’s no-fault auto insurance system, costing … Read more
Allstate Reports $184 Million in July 2025 Catastrophe Losses, Reflecting a Decline from Prior Year Northbrook, IL – August 22, 2025 – The Allstate Corporation (NYSE: ALL) announced that it incurred $184 million in pretax catastrophe losses, or $145 million after-tax, for July 2025, stemming from 19 wind and hail events across the United States. … Read more
Allstate Insurance Company, along with its affiliates, filed a federal lawsuit in the US District Court for the Eastern District of New York on August 25, 2025, seeking to recover over $305,000 in alleged fraudulent claims tied to New York’s no-fault insurance system. The lawsuit targets A to Z Supply Services Inc., its principal Michael … Read more
Allstate Targets New York Pharmacies in $1.48M No-Fault Fraud Lawsuit August 19, 2025 Allstate Insurance Company has launched a significant legal battle against a network of New York pharmacies and wholesalers, alleging a $1.48 million fraudulent scheme targeting its no-fault auto insurance program. The lawsuit, filed on August 13, 2025, in the U.S. District Court … Read more