The Latest Breaking News from AllState

Allstate’s Unusual Options Activity Sets the Stage for an Income-Generating Wheel Strategy

Allstate’s unusual options activity highlights an opportunity to generate income through the wheel strategy. Selling November $230/240/250 puts balances premium income with a discounted entry price, backed by improving profitability, attractive valuation and shareholder returns.

Barchart · Oct 23

Vacant Clause Can Void Cover: US court backs Allstate in Texas case; landlords urged to check policies

Bradley and Crystal Childers invested in a rental property in Lufkin, Texas, but their renovation project took a setback when valuable equipment was stolen after the property sat unoccupied for over two months. Allstate, their insurer, rejected their claim based on the rental policy's occupancy stipulations. The court agreed with…

The Times of India · Oct 23

Woman Uses State Farm Roadside Assistance. Then The Company Cancels Her Coverage: ‘I’ve Been A Customer For 17 Years’

“What's the point of coverage if..."

Motor1 · Oct 5

These 10 Cities Have the Safest Drivers — And It Could Be Saving You Money

A recent study found the safest US cities for drivers. Did yours make the list?

Kiplinger · Aug 23

Are Wall Street Analysts Bullish on Allstate Stock?

While Allstate has outperformed relative to the broader market over the past year, Wall Street analysts remain cautiously optimistic about the stock’s prospects.

Barchart · Aug 17

Oklahoma Is Suing Allstate Over Storm-Damage Claims—What Homeowners Should Watch

Storm season already leaves enough headaches without adding an insurance dispute to the mix. Now Oklahoma has filed a lawsuit against Allstate, alleging that the insurer underpaid homeowners for storm-related property damage. That legal battle has sparked fresh questions about what happens after a roof leaks, hail shatters shingles, or…

Everybody Loves Your Money · Jul 10

These US cities are the most car-crash prone

Drivers in or visiting northeastern US cities should pay extra attention while behind the wheel

The Independent UK · Jul 6

Allstate’s Comeback Is Turning Into a Profit Machine

Allstate profits have surged as underwriting, premiums, and investment income improve, but severe weather remains a key risk for investors.

MarketBeat · Jun 8

How Is Allstate's Stock Performance Compared to Other Property & Casualty Insurance Stocks?

Allstate has outperformed its industry peers recently, and analysts remain moderately optimistic about the stock’s prospects.

Barchart · Jun 8

Court Dismisses Fraud Claim Against N.Y. Times Over "Young, Old, and Sick Starve to Death in Gaza" Photo

Among other things, plaintiff failed to allege "that the alleged fraudulent conduct induced ... the plaintiff into purchasing merchandise."

Reason · Jun 5