Allstate: Refunds $600M In Premiums While Customers

Allstate: Refunds $600M In Premiums While Customers

  • Allstate is providing over $600M in relief to auto insurance policyholders over the next few months
  • The insurance company will be giving most customers 15 percent of their normal premium payment back in April and May
  • The payment will be disbursed via a credit to the customers’ bank accounts, credit card or Allstate account
  • The the fastest way to go about getting the payback is to use the company’s mobile app
  • The company will also be extending insurance coverage for people who use personal vehicles to deliver food, medicine
  • Finally, the company will be providing data from its analytics company Arity on the 280 billion miles of driving data

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

First Abu Dhabi Bank Partners with Broadridge to Build Global Agency Securities Finance Business

Subheading First Abu Dhabi Bank collaborates with Broadridge Financial Solutions...

Proxymity and Citi Launch Vote Connect Global to Enhance Proxy Voting Efficiency

Subheading Proxymity collaborates with Citi Securities Services to launch Vote...

Mid-Tier Banks Invest Heavily in Payment Modernization with Volante Technologies

Subheading Volante Technologies' latest report reveals significant investments by mid-tier...

Axis Announces Proposed Redemption of Debentures Amid Strategic Asset Sale

Subheading Axis Auto Finance sets December 16, 2024, as the...

Anduril and Palantir Partner to Enhance AI Capabilities for National Security

Subheading The collaboration between Anduril and Palantir aims to revolutionize...

European Central Bank’s Digital Euro: Transforming Europe’s Financial Landscape

Subheading The European Central Bank's digital euro initiative aims to...

HSBC Reshapes Its Structure with New Leadership and Key Appointments

HSBC Restructures for Agility: HSBC is simplifying its...

Mambu Acquires Numeral to Boost Payment Solutions and Expand Market Reach

Mambu Acquires Numeral: Dutch core banking technology provider...
Exit mobile version