financial results 2013 News

Allstate’s Investments Up, Disaster Costs Down in Q2

Allstate Corp., the largest publicly traded U.S. auto and home insurer, said second-quarter profit climbed on investment gains and reduced costs tied to natural disasters. Net income climbed 2.6 percent to $434 million, or 92 cents a share, from $423 …

P/C Insurers Turned Profit on Underwriting in Q1, Attained Record Surplus

First quarter results for U.S. property/casualty insurers show they made a profit on underwriting for the first time since late 2009. Private U.S. property/casualty insurers’ net income after taxes rose to $14.4 billion in first-quarter 2013 from $10.2 billion in …