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.
The Allstate Corporation (NYSE: ALL) will have its Chair, President, and CEO, Tom Wilson, present virtually at the Bank of America Securities 2022 Insurance Conference on February 15 at 1 p.m. Eastern. The presentation will be accessible via webcast at www.allstateinvestors.com, where a replay will also be available shortly after the event. Allstate routinely updates its financial information and major announcements on its investor relations site.
The Allstate Corporation (NYSE: ALL) reported Q4 2021 results, showing consolidated revenues of $13.0 billion, up 18.7% year-over-year, and full-year revenues of $50.6 billion, a 20.7% increase. However, net income applicable to common shareholders dropped 69.6% to $790 million, primarily due to lower underwriting income and increased catastrophe losses. Despite this, policies in force rose by 9.8% to nearly 191 million. Allstate's strategy includes raising auto insurance premiums by 2.9% to offset rising claim costs due to inflation, while also focusing on cost reductions and market share growth.
The Allstate Corporation (NYSE: ALL) has filed a Form 8-K detailing its financial results for the quarter ending December 31, 2021. The earnings release and investor supplement will be available on the SEC's website and the Allstate investor relations page by 5 p.m. Eastern. Furthermore, Allstate will host a conference call on February 3 at 9 a.m. Eastern to discuss these results. Shareholders can access the webcast live and later as a replay on their investor site.
The Allstate Corporation (NYSE:ALL) reported estimated catastrophe losses of
The Allstate Corporation (NYSE: ALL) will hold a conference call on Feb. 3, 2022, at 9 a.m. Eastern to discuss its fourth quarter 2021 earnings. Quarterly results will be reported via a Form 8-K after 4:15 p.m. Eastern on Feb. 2, 2022. Investors can access earnings materials on the SEC website or through Allstate's investor website. A replay of the call will be available shortly after it concludes. The company's 2021 Annual Report will be filed later in February.
The Allstate Corporation (NYSE: ALL) declared approximately $26.3 million in dividends on three series of preferred stock for the period from Oct. 15, 2021 to Jan. 14, 2022. The dividends, payable in cash on Jan. 18, 2022, are distributed as follows: Series G at 5.625% ($0.3515625), Series H at 5.100% ($0.3187500), and Series I at 4.750% ($0.2968750). Stockholders of record by the close of business on Dec. 31, 2021 are eligible for payment.
The Allstate Corporation (NYSE: ALL) has agreed to sell the majority of its Northbrook, Illinois campus to Dermody Properties for approximately $232 million, with an expected closing in 2022. This decision responds to a shift towards remote work among employees. The sale aims to reduce real estate expenses and supports Allstate’s Transformative Growth initiative, which focuses on increasing personal property-liability market share. The Northbrook campus, established in 1967, includes 2 million square feet of office space.
The Allstate Corporation (NYSE: ALL) announced a quarterly dividend of 81 cents per share on its common stock. This dividend will be paid in cash on January 3, 2022, to stockholders recorded by the close of business on November 30, 2021. This move reflects the company's commitment to returning value to its shareholders.
The Allstate Corporation (NYSE: ALL) reported Q3 2021 revenues of $12.5 billion, marking a 16.9% increase year-over-year, but net income dropped 54.9% to $508 million. Adjusted net income fell to $217 million, a decline of 75.9%. The Property-Liability combined ratio worsened to 105.3, indicating underwriting losses, primarily due to inflation and supply chain disruptions. Catastrophe losses reached $1.27 billion, driven by Hurricane Ida. However, net investment income rose by $300 million, offsetting some losses. Cost-cutting measures and strategic initiatives are in place to enhance competitiveness.
The Allstate Corporation (NYSE: ALL) has filed a Form 8-K revealing its financial results for the quarter ended September 30, 2021. Key materials, including the earnings release and the quarterly Form 10-Q, will be accessible on the company’s SEC page. A conference call to discuss the results is scheduled for 9 a.m. Eastern on Thursday, November 4, where a webcast will be available for public access. Interested parties can sign up for email alerts on financial announcements via the company's investor relations website.
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