WebAug 29, 2024 · Allstate is scrambling to hike rates to restore profitability, in some states (like Illinois) by double digits twice this year. Since news of … WebAug 19, 2024 · Allstate announced August 18 that Glenn Shapiro, president, Property-Liability, has decided to retire at the end of September. He joined Allstate as chief claims officer in 2016 and has...
Allstate Names Glenn Shapiro Executive Vice President of Claims
WebAug 19, 2024 · 19th August 2024 - Author: Pete Carvill. US primary insurer Allstate has announced a shake-up in its leadership. The firm said that Glenn Shapiro, head of property-liability, is to retire. He will be succeeded by Mario Rizzo, the firm’s CFO. Meanwhile, Jess Merten will succeed Rizzo as CFO. Tom Wilson, president and CEO of the Allstate ... WebAug 18, 2024 · NORTHBROOK, Ill., Aug. 18, 2024 – Allstate’s commitment to purpose-driven leadership supports the continued focus on improving auto insurance margins while executing its Transformative Growth strategy. Glenn Shapiro, who has successfully led the Property-Liability businesses since 2024, has decided to retire, having led the initiation of ... mining hnt in my area
Allstate announces auto rate hikes Crain
WebSep 25, 2024 · As the President – Personal Property-Liability of AIC of Allstate Corp, the total compensation of Glenn Shapiro at Allstate Corp is $4,690,550. Why is Allstate laying off employees? The layoff is a result of a broader strategic plan to shift focus to a direct sales model that minimizes cost and maximizes revenue . WebI recently sat down with industry leader Glenn Shapiro, the President of Allstate Personal Lines, to discover his thoughts on the shifting insurance landscape and learn how Allstate continues to adapt successfully. Jay D’Aprile: You’ve garnered a unique perspective over a long and amazing career that has spanned all lines of insurance. How ... WebMay 5, 2024 · The Allstate brand's incurred severity for bodily injury is expected to increase roughly 8% in 2024 compared to 2024. The executive also attributed rising casualty costs to higher-speed accidents and less congested roads, which lead to harder impact crashes and severe injuries, all with a backdrop of increased attorney involvement. mining history journal