Allstate says California wildfires to bring company $1.1 billion in losses
Allstate said the wildfires blazed through Southern California last month will bring the insurance company a sizable loss – ...
Hosted on MSN6h
California Wildfires: Soaring Insurance Claims Hit $45B
The recent California wildfires have left an unprecedented financial toll on the insurance industry, with projections of $35 ...
Allstate: Improving Results But Lackluster Capital Returns (Rating Upgrade)
Allstate beat Q4 expectations with strong earnings and revenue growth. See why ALL stock is rated a hold due to concerns over auto exposure and capital returns.
CFRA raises Allstate stock rating to 'Strong Buy', target $230
CFRA analyst Catherine Seifert upgraded Allstate's stock rating from 'Buy' to 'Strong Buy', maintaining a price target of $230.00. Seifert's valuation of Allstate (NYSE: ALL) shares is based on a ...
California Asks Insurers to Spare Wildfire Victims ‘the List’
The state’s regulator wants insurance carriers to pay full policy limits without requiring victims to itemize every object in ...
State Farm Was All In on California—Until It Pulled the Plug Before the Fires
The insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of ...