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California, Allstate and wildfires

Allstate says California wildfires to bring company $1.1 billion in losses

Allstate said the wildfires blazed through Southern California last month will bring the insurance company a sizable loss – $1.1 billion.

CNN on MSN · 1d

Allstate expects $1.1 billion loss from California fires

Allstate insurance said it expects a $1.1 billion loss from claims caused by the wildfires that swept through Southern California in January

TheStreet on MSN · 1d

California wildfires will cost insurers billions

The economic toll from the California wildfires is just starting to become clear. Allstate is the latest insurer out with numbers. The insurance company says it will pay out $1.1 billion in insured claims.

Hosted on MSN · 2d

Allstate Expects California Wildfires to Cost $1.1 Billion

In the fourth quarter, catastrophe losses took $315 million out of Allstate’s homeowners insurance business, up from $21 million the year before.

Morning Rush (Video) on MSN · 10h

California Wildfires: Soaring Insurance Claims Hit $45B

The recent California wildfires have left an unprecedented financial toll on the insurance industry, with projections of $35 to $45 billion in payouts. Allstate alone anticipates $1.1 billion in claims.

Allstate expects $1.1 billion in losses from Los Angeles fires

Allstate Corp. said it expects about $1.1 billion in losses from the wildfires that destroyed Los Angeles County communities ...

Crain's Chicago Business1d

Allstate expects a $1.1 billion hit from the LA wildfires, but it could have been worse

Allstate Corp. said it expects about $1.1 billion of losses from the wildfires that ravaged swaths of Los Angeles last month.

15h

Allstate: Improving Results But Lackluster Capital Returns (Rating Upgrade)

Allstate beat Q4 expectations with strong earnings and revenue growth. See why ALL stock is rated a hold due to concerns over auto exposure and capital returns.

reinsurancene1d

Allstate expects $900m in reinsurance recoveries from LA wildfires

U.S. primary insurer Allstate has estimated that its gross losses from the Los Angeles, California wildfires will be $2 ...

Artemis1d

Allstate expects $1.1bn, pre-tax, net of reinsurance loss from CA wildfires

US insurer Allstate expects its losses from the recent Los Angeles, California wildfires will be around $1.1 billion, pre-tax ...

KITV9h

Allstate to pay out $1.1B in claims, pull back from CA market

Allstate will pay out $1.1 billion in claims and pull back from the California market.

Financial Services Roundup: Market Talk

Find insight on Allstate, Canada’s banks, Bank of Japan, Societe Generale, Hannover Re and more in the latest Market Talks ...

6don MSN

Wildfire victims file more than 4,400 claims with California’s FAIR Plan, home insurer of last resort

That’s enough to kick the plan’s strained finances further into crisis mode, increasing the chances that homeowners statewide ...

Crain's Chicago Business3d

Allstate going all in on auto, home businesses despite challenges from natural disasters

The Northbrook-based insurer's size and geographic reach help protect it from regional disasters and give it pricing power.

Hosted on MSN1d

Allstate Gains Premarket After Q4 Profit Beat: Retail’s Bullish But Concerns Linger Over California Wildfires

Allstate Corp (ALL) shares rose 2.1% in premarket trade on Thursday after the company’s fourth-quarter earnings topped Wall ...

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