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 ...

Sen. Josh Hawley (R-Mo.), the chair of the Senate Homeland Security subcommittee that oversees disaster management, vented ...

Make sure your home rebuild is covered before the next wildfire. Learn how to check your coverage, document your property, ...

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

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

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 ...

Allstate gets upgraded to buy ... Let's face it, this sector was hit hard with the California wildfires. Britain's The Guardian said in March that "Lloyd’s of London expects losses of $2.3bn ...

The rate hike also includes discounts for homeowners who take steps to reduce wildfire risks on their properties, the company noted. Allstate stopped writing new California homeowners insurance ...

April 30 (Reuters) - Allstate Corp (ALL.N), opens new tab reported a 52.4% fall in first-quarter profit on Wednesday as losses from California wildfires erased investment gains, sending the ...