Allstate financial results 2015 News

Surge in Auto Claims Dampens Allstate Q4 Profit

Allstate Corp., the largest publicly traded U.S. car and home insurer, said fourth-quarter profit fell on a surge in auto claims. Net income declined 41 percent to $489 million, or $1.18 a share, from $824 million, or $1.86, a year …

Allstate Profit Down in Q3 as Auto Claims Rise

Allstate Corp., the largest publicly traded U.S. car and home insurer, said third-quarter profit slipped 17 percent as claims rose and policy growth slowed in the automobile insurance business. Net income decreased to $650 million, or $1.54 a share, from …

Auto Claims Hit Allstate’s Q2 Results

Allstate Corp. reported net income fell to $355 million in the second quarter, down from $645 million, as the insurer coped with rising auto claims costs. The Allstate brand suffered an underwriting loss for the quarter. The company stressed that …

Allstate Says Profit Up 13% in Q1; Will Raise Auto Rates

Allstate Corp., the largest U.S. publicly traded seller of auto and home insurance, said first-quarter profit rose 13 percent as margins improved at the property- liability business and catastrophe losses fell. Net income climbed to $677 million from $600 million, …