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Allstate Corp (The) - ALL STOCK NEWS

Welcome to our dedicated news page for Allstate (The) (Ticker: ALL), a resource for investors and traders seeking the latest updates and insights on Allstate (The).

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Allstate (The)'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Allstate (The)'s position in the market.

Rhea-AI Summary
The Allstate (NYSE: ALL) reported estimated catastrophe losses of $328 million for March, with a total of $731 million for the first quarter. Rate increases for auto and homeowners insurance were implemented, resulting in premium impacts and higher gross written premiums.
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Allstate customers using the safe driving app Drivewise have 25% fewer severe collisions, showing safer driving behaviors compared to other drivers. The app provides feedback on driving habits, leading to potential insurance savings and promoting road safety.
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The Allstate (NYSE: ALL) will discuss first quarter 2024 earnings in a conference call and webcast on May 2, 2024. Quarterly results will be announced on May 1, with materials available on the SEC website and www.allstateinvestors.com.
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The Allstate (NYSE: ALL) reports lower-than-expected catastrophe losses for February 2024. Rate increases in auto and homeowners insurance have impacted premiums positively. Homeowners insurance saw a significant 12.4% increase in gross written premiums due to rate hikes and inflation in insured home replacement costs.
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The Allstate Corporation (NYSE: ALL) has increased its quarterly dividend by $0.03, or 3.4%, per share compared to the previous quarter. The company also declared quarterly preferred dividends, showcasing its commitment to rewarding shareholders and financial strength.
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The Allstate Corporation (NYSE: ALL) reported estimated catastrophe losses of $276 million in January, driven by two events. Rate increases in auto and homeowners insurance are expected to raise annualized written premiums significantly. The company continues to pursue profit improvement plans.
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The Allstate Corporation (NYSE: ALL) CFO to present at Raymond James Annual Institutional Investors Conference. Webcast available at www.allstateinvestors.com.
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The Allstate Corporation (NYSE: ALL) has filed a Form 8-K reporting its financial results for the quarter ended Dec. 31, 2023. The company's financial materials, including the earnings release and investor supplement, are available at sec.gov and www.allstateinvestors.com. The Allstate Corporation will host a conference call and webcast on Feb. 8 to discuss fourth-quarter results.
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The Allstate Corporation (NYSE: ALL) reported financial results for the fourth quarter of 2023, with consolidated revenues of $14.8 billion, a 8.7% increase from the prior year. Net income applicable to common shareholders was $1.5 billion, compared to a loss of $303 million in the prior year quarter. Allstate Protection auto insurance results reflect the impact of inflation in loss costs and the comprehensive plan to restore margins through higher rates, lower expenses, underwriting actions, and claims process enhancements. Allstate Protection homeowners insurance growth reflects higher rates and policies in force growth, driven by National General and Allstate brand. Allstate Protection Plans is broadening protection solutions in the U.S. and through international growth. Allstate will continue increasing shareholder value by improving profitability and generating long-term profitable growth.
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Allstate Corporation (ALL) announces Q4 estimated catastrophe losses of $68 million, prior year reserve reestimates of $199 million, and implemented auto rate increases of 16.5%. The company expects annualized written premiums to increase by $4.27 billion for auto insurance and $1.16 billion for homeowners insurance.
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Allstate Corp (The)

NYSE:ALL

ALL Rankings

ALL Stock Data

43.31B
261.13M
0.57%
79.71%
1.06%
Direct Property and Casualty Insurance Carriers
Finance and Insurance
Link
US
Northbrook

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