Insurance Journal » Allstate financials http://www.insurancejournal.com Insurance Journal delivers the latest business news for the Property/Casualty insurance industry Fri, 18 Apr 2014 01:58:11 +0000 en-US hourly 1 http://wordpress.org/?v=3.8.2 Allstate Sees No Need for Big Homeowners Rate Increases http://www.insurancejournal.com/news/national/2014/02/06/319694.htm Thu, 06 Feb 2014 14:53:54 +0000 http://www.insurancejournal.com/?p=319694 Allstate Corp. aims to grow its share of the U.S. home and auto insurance markets without the need for “abnormally large” rate increases, its CEO said, after the company’s profit more than doubled in the fourth quarter. Shares of Allstate, …

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Allstate Reports Q4 Pension Settlement Charge of $100-125M http://www.insurancejournal.com/news/national/2013/12/24/315295.htm Tue, 24 Dec 2013 13:30:17 +0000 http://www.insurancejournal.com/?p=315295 The Allstate Corp. reported that it expects to report a fourth-quarter 2013 settlement charge of $100 to $125 million, after-tax, related to the annual measurement of its pension obligations as of Dec. 31, 2013. Settlement charges are non-cash charges that …

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$1.2 Billion in Sandy Losses Paid, Allstate Pursuing Rate Hikes http://www.insurancejournal.com/news/national/2013/02/07/280428.htm Thu, 07 Feb 2013 12:56:02 +0000 http://www.insurancejournal.com/?p=280428 Allstate Corp.’s quarterly profit fell 45 percent on losses from superstorm Sandy, but the home and auto insurer said it has paid out about 95 percent of Sandy claims and is seeing rate increases across businesses. The largest publicly traded …

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