Allstate Q2 Income Eclipses $2B as Auto Turns in Combined Ratio of 86 July 31, 2025 By Chad Hemenway Allstate Corp. second quarter 2025 net income applicable to common shareholders was about $2.1 billion, far exceeding the $301 million...
Allstate Expects Another $2B Catastrophe Losses in Q2 July 17, 2025 Prior to reporting second-quarter results later this month, Allstate said today it expects slightly lower catastrophe losses in the second...
State Farm VP Apologizes to Homeowner While Allstate Gets Grilled at Senate Hearing May 15, 2025 By William Rabb It’s not just a few Florida-domiciled insurance carriers that have allegedly altered field adjusters’ reports or low-balled damage estimates in...
Allstate Q1 Income Drops 52% on Record $3.3B Gross Catastrophe Losses May 1, 2025 By Chad Hemenway Allstate Corp. first quarter 2025 net income applicable to common shareholders fell more than 52% to $566 million primarily due...
Allstate to ‘Lean Into’ Turnaround in Auto Business, and Grow February 7, 2025 By Chad Hemenway Allstate’s plan to correct its auto insurance business has “restored profitability back to target levels,” said the insurer’s head of...
Allstate Q4 Income Up 30% Despite High Hurricane-Related Losses February 5, 2025 By Chad Hemenway Allstate Corp. fourth quarter net income applicable to common shareholders increased 30% to about $1.9 billion, and the insurer finished...
Allstate Turns in Net Income of $1.2B After Q3 Hurricanes October 31, 2024 By Chad Hemenway Allstate Corp. said its net income attributable to common shareholders for the third quarter was about $1.2 billion compared to...
Allstate Reports Second Quarter Pretax Catastrophe Losses of $2.1B July 19, 2024 Allstate Corp. said it recorded pretax catastrophe losses of about $2.1 billion in the second quarter. The Northbrook, Illinois-based insurer...
Allstate Reports $731M in Q1 Pretax Catastrophe Losses April 19, 2024 Allstate Corporation estimated pretax catastrophe losses of $731 million, with $328 million from the month of March. Six events contributed...
Allstate Shows ‘Progress,’ Narrows Q3 Net Income Loss to $41M November 2, 2023 By Chad Hemenway Allstate Corp. said its net loss for the third quarter was $41 million compared to a loss of $685 million...