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: 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.
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 ...
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Before they lost their homes in the LA fires, many lost their insurance
Over the past few years, tens of thousands of Californians have faced the same shock. Major companies like State Farm and ...
California Asks Insurers to Spare Wildfire Victims ‘the List’
The state’s regulator wants insurance carriers to pay full policy limits without requiring victims to itemize every object in ...
State Farm Was All In on California—Until It Pulled the Plug Before the Fires
The insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of ...
Utility says its equipment may have started a small blaze that erupted during January’s LA firestorm
A California utility says its equipment may have sparked a small wildfire in Los Angeles that broke out the same day as two ...