Allstate said the wildfires that blazed through Southern California last month will bring the insurance company a sizable loss. CEO Tom Wilson said in a statement Wednesday that the wildfire ...

Allstate Insurance says it will pay out $1.1 billion in claims caused by the wildfires that swept through Southern California in January. While the expected payout is significant, Allstate said ...

Allstate expects to record a $1.1 billion loss from the wildfires in Southern California in January, the company said.. The insurer said Wednesday it has been reducing market share in California ...

Allstate has started the 2025 annual risk period for the aggregate reinsurance provided by some of its catastrophe bonds with ...

The results mirror those of peers W R Berkley and Chubb, which also reported a drop in first-quarter profit last week as industry-wide catastrophe losses offset operational gains. California suffered ...

Heavy losses related to the California wildfires lowered profitability for Allstate in the first quarter, but industry tailwinds kept the company in the black. Why it matters: Allstate's net ...

California is on the cusp of wildfire season, which experts warn could be worse than usual. “Outlooks for Northern and Southern California both paint a picture of a significant increase — (a) pretty ...

That garden and much of her mother’s home are now covered in ash and soot after the Eaton Fire ripped through Altadena ... Howard’s Allstate adjuster has not finalized their payout or agreed ...

Allstate ALL0.36%increase; green up pointing triangle said it expects to record a $1.1 billion loss from the wildfires in Southern California in January. The insurer said Wednesday it has been ...

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