Crain's Chicago Business12h
Allstate expects a $1.1 billion hit from the LA wildfires, but it could have been worse
Allstate Corp. said it expects about $1.1 billion of losses from the wildfires that ravaged swaths of Los Angeles last month.
Insurance Insider15h
Allstate’s $2bn wildfire bill cut by $900mn in reinsurance recoveries
Allstate’s 2024-25 nationwide excess catastrophe reinsurance provides coverage for events of up to $7.9bn of loss, less ...
California's largest home insurer wants to hike rates by 22% for homeowners to help pay for LA's wildfires
State Farm has asked the state's insurance commissioner for approval to increase premiums on homeowners, citing financial ...
Financial Services Roundup: Market Talk
Find insight on Allstate, Canada’s banks, Bank of Japan, Societe Generale, Hannover Re and more in the latest Market Talks ...
Insurer Allstate's Quarterly Profit Beats on Underwriting Strength, Investment Gains
Allstate's underlying combined ratio was 83% in the reported quarter, compared with 86.9% a year earlier. A ratio below 100% means the insurer earned more in premiums than it paid out in claims. Last ...