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The Latest Breaking News from AllState

Californians are in for another bill increase: car insurance

Some California drivers will be getting a nasty surprise when they open their car insurance bills this year.

Los Angeles Times

Car insurance rate hikes could require state approval under new bill

Forty-eight states have oversight of car insurer’s rate hikes and prohibit that type of discrimination — but Illinois is not one of them. House Bill 2203 could change that.

Chicago Sun-Times

Pritzker sets aside $40 million for industrial growth

The state grants would be available for work on parcels of at least 200 acres.

Chicago Sun-Times

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Laid off tech workers are about to get help from Allstate

Allstate Corp. plans to tap the pool of recently fired tech workers to help the insurer overhaul its business.

Tribune News Service

Stock Market Rally Pulls Back; Microsoft, Google Slash Jobs; Netflix, Goldman, Tesla In Focus: Weekly Review

The major indexes retreated, but pared weekly losses, especially the Nasdaq. Microsoft and Google are slashing jobs. Netflix and Tesla jumped.

Investors Business Daily

11 Big Companies' Profit Will Boom In 2023, Analysts Say

Worried about S&P 500 companies' profit dying up next year? Don't be. You just need to know where the money's going.

Investors Business Daily

Looking At Allstate's Recent Whale Trades

Someone with a lot of money to spend has taken a bearish stance on Allstate (NYSE:ALL). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Benzinga

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Insurers say California's inaction threatens auto policies

Top U.S. insurance companies and associations say California is risking a crisis in the nation’s largest automobile insurance market by refusing to approve rate increases since the start of the coronavirus pandemic

The Independent UK

Allstate auto insurance rates jump 14% in Illinois. State Farm is up more than 8%. Both companies say inflation is to blame

Allstate raised auto insurance rates by 14% in Illinois last month, dramatically outpacing the national average and the inflation rate. State Farm wasn’t far behind, increasing rates by more than 8% for Illinois drivers in August.

Chicago Tribune

Allstate Stock Climbs, Big Money Investors Pile In

Allstate shows rising price performance, earning an upgrade to its IBD Relative Strength Rating

Investors Business Daily

Illinois consumers need relief from car insurers raking in pandemic profits

Given the rising costs of gas, food and utility bills, state legislators are looking for ways to help their constituents. One way to do that would be to give the Department of Insurance tools to protect car insurance customers.

Chicago Sun-Times

Car insurers’ pandemic windfalls: Illinois insurers could have given you bigger refunds, maintained same profits

How much insurance companies collected — and how much more they could have given back to drivers.

Chicago Sun-Times

$1000 Invested In Allstate 10 Years Ago Would Be Worth This Much Today

Allstate (NYSE:ALL) has outperformed the market over the past 10 years by 2.73% on an annualized basis producing an average annual return of 14.03%. Currently, Allstate has a market capitalization of $34.88 billion.

Benzinga

Peering Into Allstate's Recent Short Interest

Allstate's (NYSE:ALL) short percent of float has risen 15.2% since its last report. The company recently reported that it has 3.95 million shares sold short, which is 1.44% of all regular shares that are available for trading.

Benzinga

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WEKU

2 insurance companies end relationship with Maine agency after racist Juneteenth sign

An image of the racist sign was shared online Monday, gaining the attention of thousands across social media.

Benzinga

If You Invested $100 In This Stock 10 Years Ago, You Would Have $400 Today

Allstate (NYSE:ALL) has outperformed the market over the past 10 years by 2.37% on an annualized basis producing an average annual return of 14.34%. Currently, Allstate has a market capitalization of $35.76 billion.

Benzinga

Analyzing Allstate's Short Interest

Allstate's (NYSE:ALL) short percent of float has fallen 3.85% since its last report. The company recently reported that it has 3.44 million shares sold short, which is 1.25% of all regular shares that are available for trading.

Benzinga

Executives Sell Around $200M Of 5 Stocks

Gold futures traded higher this morning on Tuesday. Investors, meanwhile, focused on some notable insider trades.

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Chicago Sun-Times

Glenview, Prospect Heights end fight over Allstate property

The two towns agree to a revenue-sharing deal from the corporate campus’s redevelopment into a logistics hub.

Benzinga

Here's How Much $100 Invested In Allstate 10 Years Ago Would Be Worth Today

Allstate (NYSE:ALL) has outperformed the market over the past 10 years by 2.82% on an annualized basis producing an average annual return of 15.15%. Currently, Allstate has a market capitalization of $37.34 billion.

Benzinga

Benzinga's Top Ratings Upgrades, Downgrades For May 20, 2022

Upgrades

Benzinga

Allstate's Return On Capital Employed Insights

According to Benzinga Pro data Allstate (NYSE:ALL) posted a 18.33% decrease in earnings from Q4. Sales, however, increased by 4.47% over the previous quarter to $10.76 billion.

StockNews.com

Is Allstate a Winner in the Insurance Industry?

Shares of leading insurance provider Allstate Corporation (ALL) have dipped in price recently as inflation continues to weigh heavy on its financials. Although the company has seen higher growth in premiums due to policy growth, given that increases in claim severity in a higher interest rate and a higher inflation…

Birmingham Post

Hybrid working and redesigned offices to woo new recruits at Allstate NI

The US insurance giant is one of Northern Ireland's biggest IT companies

Benzinga

What 10 Analyst Ratings Have To Say About Allstate

Allstate (NYSE:ALL) has observed the following analyst ratings within the last quarter:

1 2 3 4 5

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