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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 ALL-0.71%decrease; red down 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 ...
Experts say California is primed for a brutal fire season. Sweeping changes to federal emergency management agencies could ...
citing financial risk due to wildfires, and last spring it asked for a significant rate hike. In April, Allstate said it was working with the California Department of Insurance to expand its ...
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 ...
Just months before the Southern California wildfires, many insurance companies, including Allstate, backed out of the California Market. While many individuals are upset with insurance companies ...
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