Allstate Stock News

Allstate gets upgraded to buy, from my prior hold rating. Positive factors are new policy growth (auto, home, protection) driving revenue, a strong credit rating, improved expense ratio, and proven dividend growth powered by operating cashflow. The risk of catastrophe losses was considered, and the role played by reinsurance to dampen the risk.

The Allstate Corporation's operating performance was weak due to high claims costs and catastrophe losses, but raising premiums and focusing on P&C improved financials. Despite outperforming the stock market, Allstate faced significant catastrophe losses in Q1 2025, impacting underwriting profitability and leading to a combined ratio of 97.4%. The company's stronger capital position from asset ...

The Allstate Corporation (NYSE:ALL ) Q1 2025 Earnings Conference Call May 1, 2025 9:00 AM ET Company Participants Allister Gobin - Head of Investor Relations Tom Wilson - Chair, President and Chief Executive Officer Mario Rizzo - President, Property-Liability John Dugenske - President, Investments Jess Merten - Executive Vice President and Chief Financial Officer Conference Call Participants Ji...

Underwriting income fell to $360 million from $898 million a year earlier, dragged down by higher catastrophe losses.

NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today reported financial results for the first quarter of 2025. "Allstate's strategy, operational excellence and risk management practices generated strong first quarter results, despite unprecedented severe weather,” said Tom Wilson, Chair, President and CEO of The Allstate Corporation. “Revenues increased to $16.5 billion...

NORTHBROOK, Ill.--(BUSINESS WIRE)--Allstate and the National Association of Collegiate Directors of Athletics (NACDA) proudly introduce the inaugural Allstate NACDA Good Works Team (Spring), a powerhouse group of 20 student-athletes who are leading in their sport, in the classroom and in communities across the country. The team includes men and women from NCAA Divisions I, II, and III and NAIA ...

NORTHBROOK, Ill.--(BUSINESS WIRE)--The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of March of $1.04 billion or $818 million, after-tax. Catastrophe losses for March include 11 events with approximately 80% of the losses related to four geographically widespread wind and hail events. In March, Allstate surpassed the retention level of the annual a...

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...