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 ...
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 ...
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 ...
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 ...
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Allstate to lose $1.1 billion due to California fires
TheStreet’s Conway Gittens brings you the biggest news of the day, including the toll the California wildfires are taking on ...
Insurance Insider16h
Allstate’s $2bn wildfire bill cut by $900mn in reinsurance recoveries
Allstate’s 2024-25 nationwide excess catastrophe reinsurance provides coverage for events of up to $7.9bn of loss, less ...
Crain's Chicago Business13h
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.
Insurance Insider1d
Allstate expecting a $1.1bn pre-tax loss from California wildfires
Allstate is anticipating its losses from the recent California wildfires to be about $1.1bn, pre-tax, net of reinsurance, the ...
Artemis19h
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 ...
reinsurancene15h
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 ...
Crain's Chicago Business2d
State Farm looks to raise premiums 22% in California as wildfire costs climb
The Bloomington-based insurer already has paid out more than $1 billion in claims from recent wildfires that have ravaged the ...
Insurer Allstate's Quarterly Profit Beats on Underwriting Strength, Investment Gains
Allstate's underlying combined ratio was 83% in the reported quarter, compared with 86.9% a year earlier. A ratio below 100% means the insurer earned more in premiums than it paid out in claims. Last ...