Latest Allstate Corp News

Surging auto insurance rates squeeze drivers, fuel inflation

Apr. 24, 2024 07:41 AM EDT

NEW YORK (AP) — Relentlessly rising auto insurance rates are squeezing car owners and stoking inflation. Auto insurance rates rose 2.6% in March and are up 22% from a year ago. Premium costs have been marching steadily higher since 2022, even as inflation at the consumer level...

Allstate: Q4 Earnings Snapshot

Feb. 07, 2024 16:49 PM EST

NORTHBROOK, Ill. (AP) — NORTHBROOK, Ill. (AP) — Allstate Corp. (ALL) on Wednesday reported fourth-quarter net income of $1.49 billion, after reporting a loss in the same period a year earlier. On a per-share basis, the Northbrook, Illinois-based company said it had profit of...