Allstate financial results 2020 News

Allstate Reports Strong Q2 with Profit Up 49% Despite Pandemic

What pandemic? Allstate’s doing just fine. The giant personal lines insurer reported net income of $1.2 billion for the second quarter, an increase of 49% compared to the prior year quarter. Underwriting income improved to $904 million – a rise …

Allstate Credits Risk Management During Q1; Eyes Second Coronavirus Driver Refund

Allstate Corp. reported that its adjusted net income rose 47% in the first quarter to $1.14 billion, a jump of 47%, thanks to higher underwriting income and lower catastrophe costs, compared with the quarter one year ago. The highlights for …