US0200021014 - Common Stock
Allstate Corp. will end its years-long pause on underwriting in California as soon as the state regulator adopts proposed regulatory changes to make it easier for insurers to raise rates, according to a company spokesperson.
In the closing of the recent trading day, Allstate (ALL) stood at $175.41, denoting a +1.42% change from the preceding trading day.
S&P 500 stocks Allstate and TransDigm are in focus this week.
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Chicago, Illinois--(Newsfile Corp. - April 4, 2024) - AI was recently the latest 'shiny new toy' that enabled claims departments...
For those looking to add Fed-proof stocks to your portfolio, here are the three I'd start with considering the current environment.
Allstate (ALL) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
SPDR S&P Insurance ETF and Allstate have been highlighted in this Investment Ideas article.
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Allstate (ALL) implements rate hikes in February in a bid to boost auto insurance profits. It also expects catastrophe losses below the $150 million reporting threshold for the last month.
Progressive (NYSE: PGR) and Allstate (NYSE: ALL) stock prices are soaring, helped by higher insurance premium costs. The two have jumped by more than 50% in the past 12 months, adding billions of dollars to their market caps. Progressive is up by 220% in the past five years while AllState is up by almost 100% […]
Investors are cheering earnings comebacks for the industry giants.