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Allstate Stock, Other Insurers Fall as Firefighters Begin Containing L.A. Fires. Record Losses Are Expected.

Shares in Mercury, a publicly-owned insurer highly exposed to California, crashed ahead of Friday's opening bell.

Insurance stocks tumble as LA fires threaten record losses

Insurance stocks like Allstate, Progressive and Chubb fell on Thursday as analysts expect wildfires in LA to pose over a $20 billion hit to the industry.

Wall Street Journal · 1d

Insurance Stocks Slide on Concerns About Financial Hit From L.A. Fires

Shares of leading U.S. home and auto insurers fell on concerns the Los Angeles infernos, likely to be the costliest wildfire in U.S. history, will hit earnings. Preliminary

Scientific American · 1d

Los Angeles Fires Could Push California’s Insurance System to the Brink

Damages from the recent fires in the Los Angeles area could overwhelm California’s already stressed insurer of last resort

22h

Allstate: High ROEs Likely Unsustainable

Allstate shows strong recent performance, but long-term risks remain. See why ALL stock could be impacted by competitive ...

20hon MSN

These Stocks Moved the Most Today: Walgreens, Delta, Nvidia, AMD, Constellation Energy, Allstate, Mercury General, Constellation Brands, and More

Walgreens stock surges following better-than-expected quarterly earnings, Delta forecasts a strong 2025, and shares of chip ...

Allstate CEO decries ‘addiction to divisiveness’ during Sugar Bowl; GOP lawmakers outraged

Tom Wilson, CEO of Allstate Corp., delivered a statement during the broadcast of the Sugar Bowl in which he called on viewers ...

Allstate price target raised to $243 from $235 at Keefe Bruyette

Keefe Bruyette raised the firm’s price target on Allstate (ALL) to $243 from $235 and keeps an Outperform rating on the shares as part of a Q4 ...

News Nation on MSN4d

Allstate CEO criticized for comments following New Orleans attack

NewsNation media contributor Colby Hall believes Wilson's intentions behind his message were good but says it was ultimately ...

18h

PBR returns to Allstate Arena in Rosemont for two nights of bull riding action

Professional bull riders are back at Allstate Arena for two action-packed nights starting Friday, with the best riders in the ...

18hon MSN

Allstate Corp. stock outperforms competitors on strong trading day

Supported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch ...

5don MSN

Allstate deletes CEO video on New Orleans attack amid backlash

The video aired during the college football Sugar Bowl match where Notre Dame beat Georgia. They postponed their game in ...

7don MSN

Allstate deletes social media post of CEO's controversial Sugar Bowl message amid backlash

Following the backlash Allstate CEO Tom Wilson faced over his comments in response to the New Orleans terror attack, the company appeared to delete the message from its social media platform.

Employee Benefit News2d

Allstate's volunteer program helps employees share professional skills

A partnership with Common Impact pairs nonprofits who need help in specific areas with employees who want to use their skills ...

Evercore ISI upgrades Allstate (ALL) to a Buy

Allstate (ALL – Research Report) received a Buy rating and a $226.00 price target from Evercore ISI analyst David Motemaden today. The ...

How Allstate’s CIO is leaning on gen AI to make insurance policy coverage and claims requests more effective and empathetic

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

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