News

Allstate has started the 2025 annual risk period for the aggregate reinsurance provided by some of its catastrophe bonds with ...
The Allstate Corporation has revealed estimated catastrophe losses for April 2025 of $594 million or $469 million, after-tax.
Sen. Josh Hawley (R-Mo.), the chair of the Senate Homeland Security subcommittee that oversees disaster management, vented ...
Committee chair Sen. Josh Hawley said many consumers feel abandoned when they need their insurers most. He cited repeated ...
Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that major insurers like Allstate and State Farm are under investigation for allegedly pressuring insurance adjusters to reduce ...
MO, will chair a hearing investigation on Tuesday.The hearing aims to dive deeper into reports of mishandled insurance claims ...
State Farm is the largest car insurance company in the U.S., with nearly $68 billion in direct premiums written in 2024 and a ...
Two independent claims adjusters and a Senator accused property/casualty insurers of directing adjusters to lower their claims estimates.
Allstate is now a 'buy' with growth in policies, strong dividends, and market share. Interest rate risk is an issue to ...
Homeowners insurance rate increases are outpacing inflation in several U.S. states, according to a new report from the ...
As more companies seek to spin out non-core businesses and the market for carve out divestitures heats up, counsel representing potential buyers ...
The Allstate Corporation boosts premiums and focuses on P&C for stronger performance but faces challenges with catastrophe ...