Allstate says ideal candidates would have strong management, customer service and sales skills, and at least $50,000 in liquid capital to open and start an Allstate agency.
The company is encouraging its new and existing California agencies to hire 600-plus licensed sales professionals as¬ part of a plan to significantly grow its California auto business. Allstate says interested candidates can learn more by visiting
Allstate Corp. will end its years-long pause on underwriting in California as soon as the state regulator adopts proposed regulatory changes to make it easier for insurers to raise rates, according to a company spokesperson.
The Net Zero Insurance Alliance will instead be replaced by the Forum for Insurance Transition to Net Zero (FIT), convened and led by the United Nations Environment Programme, according to a statement on Thursday.
The Jackson, Mississippi, company will use proceeds from the sale of its Fisher Brown Bottrell Insurance unit to restructure its investment portfolio, moving $1.6 billion of low-yield securities off the balance sheet.
The specialty insurer is changing up its requirements for some positions, about one-third of jobs don't require a four-year college degree.
Fortune and Great Place To Work analyzed 1.3 million survey responses, ranking the best companies in the U.S.
"Lax regulation and monitoring of property insurers makes Florida mortgage markets far more exposed to climate risk than people might think," said Parinitha Sastry, an author of a working paper by researchers at Harvard University, Columbia University and the Federal Reserve.
