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The Latest Breaking News from AllState

What You Need to Know Ahead of Allstate's Earnings Release

Insurance giant Allstate is set to unveil its fiscal 2024 results in the upcoming month and analysts expect a massive surge in annual earnings.

Barchart

Thousands of Californians Uninsured: What Happens When Wildfires Destroy Their Homes?

Although insurers have been dropping coverage for California homeowners for years, new rules announced weeks ago will mandate them to offer policies in high-risk regions.

International Business Times UK

Texas AG Sues Allstate For Illegal Data Collection

Texas AG sues Allstate for illegally collecting driving data from 45 million Americans. Allegations include data sale and insurance rate hikes.

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Insurers Could Face $20 Billion In Loses From California Wildfires, Double Original Estimates

The blazes, which have killed at least 10 people, are scorching some of the most expensive communities in the United States, home to movie stars' multi-million mansions

International Business Times

Deadly LA wildfires to cost over $50 billion in damages, becoming one of the worst natural disasters in U.S. history

The damage is expected to far exceed the $16 billion in economic losses from Maui's wildfires two years ago. Weather now accounts for almost all of the $320 billion in annual natural catastrophe damages worldwide.

Fortune

How a hijacked truck drove Allstate's CIO into a career in tech

Allstate says AI is doing a lot of work for the insurer's employees, but decisions are still made by humans. But that relationship may flip as technologies advance.

Fortune

Allstate CEO Tom Wilson strikes the wrong tone

Also: Carvana stock slides on short report, Former TGI Fridays CEO returns, AI social media backfires for Meta.

Fortune

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Allstate CEO Tom Wilson faces MAGA backlash following bizarre Sugar Bowl ad in the wake of New Orleans attack

Allstate’s CEO brazenly declared that the US has an ‘addiction to divisiveness’ 24 hours after Shamsud-Din Jabbar murdered 14 people on Bourbon Street during the Sugar Bowl

The Independent UK

Allstate CEO Sparks Backlash With Divisive Terror Attack Comments

Allstate CEO's response to New Orleans terror attack sparks controversy. Suspect identified as Shamsud-Din Jabbar. Community mourns and questions motives.

Top News

How to Hedge Against Trump's Tariffs

Donald Trump is taking action on tariffs and this could have a big impact on public companies. Here's how investors can prepare.

Kiplinger

Allstate Stock: Is ALL Outperforming the Financial Services Sector?

Allstate has continued to outperform the financial services sector over the past several years, including 2024, and analysts remain bullish on the stock’s prospects.

Barchart

Assessing Allstate: Insights From 19 Financial Analysts

Providing a diverse range of perspectives from bullish to bearish, 19 analysts have published ratings on Allstate (NYSE:ALL) in the last three months.

Benzinga

Is Wall Street Bullish or Bearish on Allstate Stock?

Although Allstate has outperformed relative to the broader market over the past year, Wall Street analysts maintain a cautiously optimistic outlook about the stock’s prospects.

Barchart

3 Insurance Stocks That Are Beating the Market in 2024

With rapid economic growth, evolving consumer demand, and support from government initiatives, the insurance sector is flourishing. Therefore, it could be wise to invest in quality insurance stocks, Travelers Companies (TRV), Progressive (PGR), and Allstate (ALL), outperforming the market in 2024. Read more.

StockNews.com

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MarketBeat

3 GARP Stocks Offering Strong Growth: Aptiv, Allstate, Barrick

GARP stocks Aptiv, Allstate, and Barrick blend growth potential and value and offer investors strong earnings outlooks and attractive PEG ratios.

Barchart

What to Expect From Allstate's Next Quarterly Earnings Report

Allstate is all set to release its fiscal third-quarter earnings this month, and analysts project a triple-digit profit growth.

Fortune

Meet 9 CFOs from the Fortune 500 poised to make the jump to CEO

A seasoned executive recruiting expert identifies potential chief executives.

StockNews.com

Has Allstate's 35% YTD Surge Left Room for Further Upside?

Shares of The Allstate Corp. (ALL) have gained as much as 35% so far this year. Investors who’ve enjoyed this rally wonder if there is more room for further upside or if the stock peaked. Let’s find out….

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Apple Intelligence won’t protect your iPhone 16 from concrete

iPhones aren't exactly cheap, but protecting them can be

TechRadar

An iPhone 16 Pro Max failed this drop test, but that doesn't have to be you

The Apple iPhone 16 Pro Max didn't survive a recent insurance company's drop test

Tom’s Guide

Watch iPhone 16 Pro Max drop tested — you’ve got to see this

Drop-testing by Allstate Protection Plans shows what a 6-foot drop can do to the front and back of an iPhone 16 Pro Max. And the results aren't pretty.

Barchart

Is Allstate Stock Outperforming the Dow?

Allstate has substantially outperformed the Dow Jones Industrial Average over the past year, and analysts remain moderately bullish on the stock’s prospects.

Barchart

Are Wall Street Analysts Bullish on Allstate Stock?

Allstate has outpaced the broader market over the past year, yet Wall Street analysts are bullish about the stock's growth potential.

Barchart

What to Expect From Allstate Corporation's Q2 2024 Earnings Report

Allstate Corporation is expected to release its fiscal second-quarter earnings this month, and analysts project a double-digit profit increase.

International Business Times UK

State Farm Threatens to Abandon California If They Can't Raise Prices: 52% For Renters, 30% For Homeowners

High inflation and rising California fires have led State Farm to propose homeowners insurance rate hikes. At the same time, many insurers remain hesitant to return to the state due to rapid climate change.

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