Allstate Corporation (ALL)
Allstate Stock Slides. Why It Isn't Just the L.A.
The company took steps to reduce its risk to wildfire-prone California, but that's not the only issue facing investors.
Allstate Stock Rises. Why the L.A.
The insurer's shares rose on Monday, having dropped at the end of last week.
Texas Sues Allstate Over Its Collection of Driver Data
The lawsuit accuses Arity, an Allstate subsidiary, of collecting data about people's driving behavior through mobile phone apps, leading to increases in drivers' insurance rates.
Texas sues Allstate over data collection from cellphones
Allstate has been sued by the state of Texas, which accused the insurer of unlawfully collecting consumers' driving data and then using the data to justify raising insurance rates.
Stocks Slide as Strong Jobs Data Sparks Inflation and Rate Worries
The continued strength in job creation makes a rate cut unlikely in the first half of 2025.
Allstate, Travelers Stocks Fall on New L.A. Fires Risk.
The death toll from the fires rose to 24 from 16, and more than 12,000 structures have burned.
Allstate: High ROEs Likely Unsustainable
Allstate has consistently beaten estimates, but high expectations and competitive pressures may limit future growth, especially in the auto insurance market. The company's recent performance is strong, with significant improvements in underwriting income and new business levels across all distribution channels. Despite favorable current conditions, long-term margins may normalize, and ROE could decline, posing risks to sustained growth and profitability.
Insurance Company Stocks Fall as Damage Estimates from California Wildfires Rise
Shares of insurance companies tumbled on Friday as the deadly wildfires in Southern California that are still burning have already caused billions of dollars in damage.
Here's Why Allstate (ALL) is a Strong Value Stock
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Analysis: California Wildfires Insured Losses Will Near $10 Billion
The majority of these losses are expected to come from homeowners' insurance.
Why Allstate (ALL) Could Beat Earnings Estimates Again
Allstate (ALL) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Is Allstate Stock's Cheaper Valuation a Discount Deal or Fool's Gold?
ALL's emphasis on cost reduction and efficiency improvements is poised to bolster profitability and support long-term growth.
