Welcome to our dedicated page for Allstate news (Ticker: ALL), a resource for investors and traders seeking the latest updates and insights on Allstate stock.
Allstate Corporation (NYSE: ALL) maintains its position as a leader in property-casualty insurance through continuous innovation and customer-focused solutions. This news hub provides authorized updates directly from one of America's largest personal lines insurers.
Access verified information about quarterly earnings, product enhancements, and strategic initiatives. Our curated collection features official press releases, regulatory disclosures, and market analyses relevant to Allstate's operations in auto, homeowners, and specialty insurance markets.
Key updates include coverage of:
• Financial performance and dividend announcements
• Regulatory developments impacting insurance operations
• Technology implementations in claims processing and risk assessment
• Community initiatives through Allstate Foundation programs
Bookmark this page for real-time updates on corporate milestones and industry leadership from the company that insures 1 in 9 US vehicles. Cross-reference official SEC filings and investor materials for complete financial context.
Allstate (NYSE: ALL) reported estimated catastrophe losses of $594 million ($469 million after-tax) for April 2025. The losses stemmed from 11 events, with approximately 60% attributed to two major wind and hail events.
The company's policy data shows mixed performance: Auto policies slightly decreased by 0.1% year-over-year to 25.17 million, while Homeowners policies grew 2.5% to 7.57 million. Commercial lines saw a significant decline of 31.6% compared to the previous year. Overall, total policies in force increased by 0.3% both month-over-month and year-over-year to 37.81 million.
Allstate reported strong Q1 2025 financial results despite record catastrophe losses. Total revenues increased 7.8% to $16.5 billion, with policy growth of 6.7% to 211 million. Net income was $566 million, impacted by $3.3 billion in catastrophe losses, partially offset by $1.1 billion in reinsurance recoveries.
Property-Liability earned premiums grew 8.7% to $14.0 billion. Auto insurance showed improvement with a combined ratio of 91.3, while homeowners insurance faced challenges due to catastrophes. Protection Services revenue rose 14.2% to $860 million, led by Allstate Protection Plans.
Key highlights include:
- Adjusted net income: $949 million ($3.53 per share)
- Book value per share up 19.8% to $74.61
- Net investment income increased to $854 million
- Sale of Employer Voluntary Benefits business completed for $2.0 billion
Allstate and the National Association of Collegiate Directors of Athletics (NACDA) have announced their first-ever spring Good Works Team, recognizing 20 exceptional student-athletes for their community service and leadership.
Selected from over 200 nominees across NCAA Divisions I, II, III, and NAIA spring sports, these athletes have made significant impacts through various initiatives:
- Filipe Costa (Georgia) created a free tennis education platform reaching 60,000+ students
- Tyler Ganus (Northwestern) established Collegiate Mind Mastery for student mentorship
- Jami Morris (Penn State) raised $280,000+ for cancer care through Hit for Hope
- Taylor Chepren (Marymount) organized holiday support and hospital assistance programs
- Andrew Tjoa (UC Santa Cruz) revived campus blood donation initiatives
The program will expand to feature three teams per academic year starting 2025-26, demonstrating Allstate's commitment to recognizing student-athletes who excel in sports, academics, and community service.
Allstate (NYSE: ALL) reported catastrophe losses of $1.04 billion ($818 million after-tax) for March 2025, with 80% of losses attributed to four major wind and hail events. The company's Q1 2025 total catastrophe losses reached $2.20 billion ($1.74 billion after-tax). Reinsurance recoveries of approximately $123 million helped reduce March losses.
The company's policy data shows mixed performance: Auto policies decreased 0.4% year-over-year to 25.1 million, while Homeowners policies grew 2.5% to 7.55 million. Commercial lines saw a significant decline of 30.8% compared to March 2024. Total policies in force slightly increased by 0.1% year-over-year to 37.71 million.
Allstate and the National Association of Collegiate Directors of Athletics (NACDA) have announced 207 student-athlete nominees for the inaugural Allstate NACDA Good Works Team (Spring). The program has expanded to recognize both male and female student-athletes across 13 spring sports for their community service, academic excellence, and athletic achievement.
The nominees represent various sports including baseball, softball, tennis, golf, lacrosse, and track & field. Their community service initiatives range from pediatric cancer research to mental health awareness and youth mentorship. A selection committee will choose the final 20-member team - 10 female and 10 male student-athletes - to be announced on April 29.
This expansion follows the winter team's 193 nominations, where Auburn gymnast Sophia Groth became the first female captain. The Good Works Team now recognizes 60 student-athletes annually across fall, winter, and spring seasons.
The Standard has successfully completed its acquisition of Allstate's Employer Voluntary Benefits business, as announced on August 13, 2024. The deal includes a future distribution partnership enabling The Standard's products and services to reach Allstate customers.
The acquisition primarily involves American Heritage Life Insurance Company, which will eventually operate under The Standard brand. Dan McMillan, president and CEO of The Standard, emphasized that this strategic move will accelerate their growth and deliver one of the market's most comprehensive workplace benefits portfolios.
Both companies, recognized as leading workplace benefits providers, are focusing on ensuring a seamless transition for clients and partners while maintaining their shared commitment to customer service.
Allstate (NYSE: ALL) has completed the sale of its Employer Voluntary Benefits business to StanCorp Financial Group (The Standard) for $2.0 billion. The transaction is expected to generate a financial book gain of approximately $625 million.
This sale, combined with the previously announced Group Health business sale, is projected to yield total proceeds of $3.25 billion in 2025. The strategic move aims to enhance Allstate's focus on increasing personal property-liability market share and expanding protection services.
The proceeds will support Allstate's disciplined capital management approach, including the recently announced share repurchase program.
Allstate (NYSE: ALL) has announced its upcoming first-quarter 2025 earnings conference call and webcast, scheduled for May 1, 2025, at 9 a.m. ET. The company will release its Q1 2025 financial results through a Form 8-K filing with the SEC after 4:15 p.m. ET on Wednesday, April 30.
The earnings release and investor supplement will be made available on both the SEC website and Allstate's Investor Relations platform. Investors can access the live conference call and webcast replay through the company's investor website, where they can also subscribe to email alerts and RSS feeds for financial news and material announcements.
Allstate (NYSE: ALL) has reported its catastrophe losses for February 2025. The company incurred estimated catastrophe losses of $92 million ($73 million after-tax) for the month. The year-to-date catastrophe losses through February reached $1.17 billion ($922 million after-tax).
Allstate Identity Protection reveals concerning trends in tax-related identity theft, with 64% of Americans worried about scammers stealing their personal information to file fraudulent tax returns. The survey highlights that 40% of identity restoration cases occur during tax season, making it a prime time for fraud.
The company offers protection plans starting at $3/month, featuring tax refund guarantees and up to $1 million in identity theft-related cost reimbursement. Key findings show that one in five Americans (20%) are more concerned about tax-related identity theft this year, while 44% maintain the same high level of concern as previous years.
Major concerns stem from:
- News about rising tax fraud (43%)
- IRS delays and staffing shortages (42%)
- Rise in AI-powered fraud (42%)
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