ALL - The Allstate Corporation

California Insurance Shake-Up: Allstate Ends New Home, Condo and Commercial Policies

Property and casualty insurance provider Allstate Corp (NYSE: ALL) has quit selling new homes, condominiums, or commercial insurance policies in California. Allstate became the latest insurance firm to stop offering coverage, citing worsening climate and higher building costs, the New York Times reports. State Farm made a similar decision last week, citing rapidly growing catastrophe exposure. Allstate stopped accepting new policies in the state last year. The cost to insure new home customers i

Allstate Stops Selling New Home-Insurance Policies in California, Citing Wildfire Risks

Allstate has stopped offering new home-insurance policies in California, saying it has become too expensive to insure new homes in the wildfire-prone state. The company, the fourth-largest property insurer in California, and State Farm are no longer issuing new policies for homes, condos and commercial properties. Allstate said Monday it made the move last year to protect its current customers.

Allstate (ALL) Down 4.2% Since Last Earnings Report: Can It Rebound?

Allstate (ALL) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Insurance giant Allstate followed StateFarm in halting home insurance policies for Californians

California’s homeowners are already bearing the brunt of devastating wildfires every summer. Now, it will be harder for them to find insurance companies willing to potentially cover the damages.

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  California Insurance Shake-Up: Allstate Ends New Home, Condo and Commercial Policies

  Benzinga
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  Allstate Stops Selling New Home-Insurance Policies in California, Citing Wildfire Risks

  The Wall Street Journal

Appleseed Fund Exited The Allstate Corporation (ALL) as the Stock Reached Its Intrinsic Value Estimate

Appleseed Fund, an investment management company released its first quarter 2023 investor letter. A copy of the same can be downloaded here. The fund’s Investor Class returned 5.42% over the six months that ended March 31, 2023, and outperformed the Morningstar Global Small/Midcap Index, which generated a 3.57% return. In addition, please check the fund’s […]

Why Prudent Investors are Retaining Allstate (ALL) Stock Now

Allstate's (ALL) expanding Protection Services segment is likely to drive its business growth.

2 Ultra-Safe Dividend Stocks to Load Up On Right Now

Which top-shelf dividend stocks are worth buying right now? Allstate (NYSE: ALL) and Pfizer (NYSE: PFE) are two near-locks to produce healthy levels of capital appreciation over the next five to 10 years. Allstate's 2023 Q1 earnings report isn't exactly a confidence-inspiring read.

10 Best June Dividend Stocks To Buy

In this article, we discuss 10 best June dividend stocks to buy now. You can skip our detailed analysis of dividend stocks and their performance over the years, and go directly to read 5 Best June Dividend Stocks To Buy. Apart from their significant contribution to the market’s overall returns, dividend stocks can also potentially […]

Don't Race Out To Buy The Allstate Corporation (NYSE:ALL) Just Because It's Going Ex-Dividend

Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see The Allstate...

3 Blue-Chip Stocks to Buy for a Healthy and Wealthy Portfolio

While the concept of heavily bidding up blue-chip stocks for a healthy portfolio isn’t exactly the most exciting proposition, under the present circumstances, it could be the most sensible. Fundamentally, with Democrats and Republicans at loggerheads over the debt ceiling crisis, anything can happen. At the moment, Reuters reports that the two sides have made progress. Unfortunately, a deal remains in doubt. Naturally, the biggest concern centers on the U.S. defaulting on its obligations. Such a

Allstate's (ALL) Auto Rate Hiking Spree Continues in April

Allstate (ALL) implements auto rate hikes in April to counter inflationary headwinds. It also expects catastrophe losses of $631 million (after tax) for April.

Should You Hold The Allstate Corporation (ALL) for the Long Term?

Diamond Hill Capital, an investment management company, released its “Large Cap Strategy” first-quarter 2023 investor letter. A copy of the same can be downloaded here. In the first quarter, the strategy underperformed and returned -0.75% (net) compared to a 7.46% return for the Russell 1000 Index. In addition, you can check the top 5 holdings of […]

Allstate (ALL) Q1 Loss Narrower Than Expected, Revenues Rise

Allstate's (ALL) Q1 results grapple with softer underwriting results, and lower profits from the Protection Services and, Health and Benefits segments, partly offset by higher P&C insurance premiums.

Allstate (ALL) Q1 Earnings: How Key Metrics Compare to Wall Street Estimates

Although the revenue and EPS for Allstate (ALL) give a sense of how its business performed in the quarter ended March 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Allstate (ALL) Reports Q1 Loss, Tops Revenue Estimates

Allstate (ALL) delivered earnings and revenue surprises of 32.99% and 7.38%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?

Car Insurance Rates Are Going Up Again

Allstate and Progressive two of the nation’s biggest car insurers, say inflation continues to hurt their auto-insurance businesses, and are pushing ahead with additional premium-rate increases for vehicle owners. The two giants, and many other big car insurers, say higher claims costs continue to dent their results, despite slowing inflation. Allstate’s first-quarter results were also badly hurt by outsize catastrophe losses, including unusually severe storms across the country in March.

10 Biggest Insurance Companies

Insurance companies provide risk management to individuals, businesses, and institutional clients. Although there is a multitude of different types of insurance companies, the protection guarantees payment or reimbursement in the event of losses for the insured.

Insurance Stocks to Post Q1 Earnings on May 3: MET, ALL & More

Growing premium rates and strong retention are likely to aid insurers' Q1 results, offset by rising expenses and catastrophe losses. MET, ALL, GL, SIGI, & RDN are set to release earnings on May 3.

Factors Likely to Set the Tone for Allstate's (ALL) Q1 Earnings

Allstate's (ALL) Q1 results are likely to have been dampened by escalating catastrophe losses, partly offset by the growing Property-Liability segment's premiums and Protection Plans revenues.

The Allstate Corporation (NYSE:ALL) is favoured by institutional owners who hold 79% of the company

Key Insights Given the large stake in the stock by institutions, Allstate's stock price might be vulnerable to their...

Earnings Preview: Allstate (ALL) Q1 Earnings Expected to Decline

Allstate (ALL) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

15 Best Large-Cap Dividend Growth Stocks To Buy Now

In this article, we discuss 15 best large-cap dividend growth stocks to buy now. You can skip our detailed analysis of dividend stocks and their performance in the past, and go directly to read 5 Best Large-Cap Dividend Growth Stocks To Buy Now. The performance of large-cap stocks remained strong over the years. According to […]

14 Best Passive Income Stocks To Buy Now

In this article, we discuss 14 best passive income stocks to buy now. You can skip our detailed analysis of dividend stocks and their performance in the past, and go directly to read 5 Best Passive Income Stocks To Buy Now. Last year’s market decline marked one of the worst eras investors had ever seen. […]

Life Insurance Is Profitable Again, but Too Late for Many Insurers

Many companies gave up selling policies years ago when low interest rates hit their profits and stock prices.