The Allstate Corp Archives - Carrier Management

Allstate Reports $312 Million Loss in Q4

The Allstate Corp. lost $312 million in its 2018 fourth quarter, hammered by higher catastrophe losses, a drop in investment income and a larger pension settlement charge. Still, the losses could ...

Allstate’s Net Income Grew in Q1; A Surprise Dip in Auto Accident Frequency Helped

An unexpected decline in auto accident frequency helped The Allstate Corp. soar in its 2018 first quarter, along with lower catastrophe losses. The Illinois-based insurer also credits the Trump tax ...

Allstate’s Q4 Excelled With Underwriting, Investment Income and Tax Cut Gains

The Allstate Corp., like many carriers, faced an enormous hit from natural catastrophe losses in the 2017 fourth quarter. Investment returns soared by double digits, however, and the Trump tax cuts ...

Allstate CEO Wilson Adds President to Title as Winter Retires; Three Execs Promoted

The Allstate Corp.'s succession planning is in full swing as it prepares for the retirement of its president, Matt Winter, in February 2018. Allstate Chairman and CEO Thomas Wilson plans to take over ...

Over Half of Allstate $553M August Hurricane Harvey Losses Were Auto Claims

Hurricane Harvey slammed The Allstate Corp. with an estimated $553 million in catastrophe losses in August, the insurer said. More than half related to auto claims. The pre-tax gross estimate is a ...