Allstate, California

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 – $1.1 billion.
Allstate expects $1.1 billion loss from California fires
Allstate insurance said it expects a $1.1 billion loss from claims caused by the wildfires that swept through Southern California in January
Allstate Expects California Wildfires to Cost $1.1 Billion
In the fourth quarter, catastrophe losses took $315 million out of Allstate’s homeowners insurance business, up from $21 million the year before.
Wildfire victims file more than 4,400 claims with California’s FAIR Plan, home insurer of last resort
That’s enough to kick the plan’s strained finances further into crisis mode, increasing the chances that homeowners statewide will see insurance costs rise.
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 to $45 billion in payouts. Allstate alone anticipates $1.1 billion in claims.
California wildfires will cost insurers billions
The economic toll from the California wildfires is just starting to become clear. Allstate is the latest insurer out with numbers. The insurance company says it will pay out $1.1 billion in insured claims.
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Allstate expects a $1.1 billion hit from the LA wildfires, but it could have been worse
Allstate Corp. said it expects about $1.1 billion of losses from the wildfires that ravaged swaths of Los Angeles last month.
Allstate expects $1.1 billion in losses from Los Angeles fires
Allstate Corp. said it expects about $1.1 billion in losses from the wildfires that destroyed Los Angeles County communities ...
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Allstate expects $900m in reinsurance recoveries from LA wildfires
U.S. primary insurer Allstate has estimated that its gross losses from the Los Angeles, California wildfires will be $2 ...
Artemis2d
Allstate expects $1.1bn, pre-tax, net of reinsurance loss from CA wildfires
US insurer Allstate expects its losses from the recent Los Angeles, California wildfires will be around $1.1 billion, pre-tax ...
California's largest home insurer wants to hike rates by 22% for homeowners to help pay for LA's wildfires
State Farm has asked the state's insurance commissioner for approval to increase premiums on homeowners, citing financial ...
Financial Services Roundup: Market Talk
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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.
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Allstate Gains Premarket After Q4 Profit Beat: Retail’s Bullish But Concerns Linger Over California Wildfires
Allstate Corp (ALL) shares rose 2.1% in premarket trade on Thursday after the company’s fourth-quarter earnings topped Wall ...