The Allstate Corp. is a strong buy due to its solid growth prospects, reliable earnings, and improved combined ratios in key business segments. Allstate's sale of its health and benefits business will unlock $3.25 billion, boosting net income and book value and enhancing financial flexibility. Allstate's profitability is evident with combined ratios under 85%, despite 2024's catastrophic losses...
NORTHBROOK, Ill.--(BUSINESS WIRE)--Allstate and the National Association of Collegiate Directors of Athletics (NACDA) today announced 207 student-athlete nominees for the inaugural Allstate NACDA Good Works Team (Spring), celebrating their leadership beyond sports. This year, the program expanded to honor both male and female student-athletes from all sports and divisions for their commitment t...
Homeowners taking steps to prepare during clear blue skies can help reduce the impact of the next storm MARKHAM, Ontario, April 07, 2025 (GLOBE NEWSWIRE) -- Catastrophic weather and climate events are no longer a rare occurrence in Canada. According to a recent Léger poll conducted on behalf of Allstate Insurance Company of Canada (‘Allstate'), only 27 per cent of Canadian homeowners who respon...
PORTLAND, Ore.--(BUSINESS WIRE)--StanCorp Financial Group, Inc. (The Standard) today announced the closing of the acquisition of Allstate's Employer Voluntary Benefits business in accordance with the terms of the agreement reported on Aug. 13, 2024. The agreement includes a future distribution partnership through which certain of The Standard's products and services will be made available to Al...
NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today completed the sale of its Employer Voluntary Benefits business to StanCorp Financial Group, Inc., (The Standard) for $2.0 billion. “The sale of the Employer Voluntary Benefits business improves the growth opportunities of a highly successful business, creating additional value for Allstate's shareholders,” said Tom Wi...
NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) will host a conference call and webcast at 9 a.m. ET on Thursday, May 1, 2025, to discuss first-quarter 2025 financial results. Allstate plans to file its results via a Form 8-K with the Securities and Exchange Commission (SEC) after 4:15 p.m. ET on Wednesday, April 30. The earnings release and investor supplement will be a...
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