Gallagher Re’s preliminary insured loss estimate from the recent Midwestern storms is between $4bn and $7bn. Two large storms ...

US primary insurer Allstate has secured its targeted $150 million of multi-peril and fully-collateralized reinsurance ...

Allstate Corp. reported $594 million in estimated pretax catastrophe losses for April, with approximately 60% of the total ...

Northbrook, Illinois-based The Allstate Corporation (ALL) provides property and casualty, and other insurance products in the ...

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

Two independent claims adjusters and a Senator accused property/casualty insurers of directing adjusters to lower their claims estimates.

Allstate and State Farm are facing scrutiny on Capitol Hill for how they handled claims after Hurricanes Helene and Milton ...

Munich Re reported a steep fall in its first-quarter net profit due to losses from the devastating wildfires that struck southern California in January, but maintained its outlook for the year. The ...

Catastrophe loss induces volatility in underwriting profits ... The expected long-term earnings growth rate is 7%. Allstate: Headquartered in Northbrook, IL, Allstate is the third-largest ...

Allstate reports $16.5 billion (7.8% increase ... He said the increase is “primarily due to $3.3 billion in gross catastrophe losses.” “Our claims team worked tirelessly to support ...

Allstate Corp. reported Q1 2025 net income applicable to common shareholders of $566 million, down 52.4% from the prior year, largely due to $3.3 billion in gross catastrophe losses -- the highest ...