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 – ...
U.S. Insurers AIG, TRV, ALL and CB Project Billions of Losses from California Wildfires
The combined losses for major U.S. insurers AIG (AIG), Travelers (TRV), Chubb (CB) and Allstate (ALL) from the catastrophic ...
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Allstate says California wildfires to bring company $1.1 billion in losses
Allstate said the wildfires that blazed through Southern California last month will bring the insurance company a sizable loss. CEO Tom Wilson said in a statement Wednesday that the wildfire ...
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$1.1 Billion Loss For Allstate Amidst California Fires
Just months before the Southern California wildfires, many insurance companies, including Allstate, backed out of the ...
Evacuations issued in Southern California as heavy rain brings threat of debris flows in areas scarred by wildfires
Southern Californians evacuated their homes for the second time this year, but this time, it’s for heavy rain and debris ...
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Allstate Is Demanding That We Delete These Quotes by Its Exec About Using How It's Using AI to Write Insurance Emails
There's a good chance the email you just received from your insurance company was drafted by an AI — and the optics of such ...
Travelers Expects $1.7 Billion In Catastrophe Losses From California Wildfires
The Travelers Companies, Inc. (NYSE: TRV) announced Tuesday that it expects $1.7 billion in pretax catastrophe losses from the California wildfires that swept through the state in January. After taxes ...
Is The Allstate Corporation (ALL) the Best Property & Casualty Insurance Stock to Buy Now?
We recently compiled a list of the 12 Best Property & Casualty Insurance Stocks to Buy Now. In this article, we are going to ...
California's last-resort home insurer is getting a $1 billion bailout. Homeowners could be on the hook for some of the bill.
The bailout will be funded by the state's private insurers, but a new rule says they they can pass up to half of the cost on ...
California's $1 billion LA wildfire bill highlights insurers' struggle, analysts say
California's levy of $1 billion on private insurers to help pay out wildfire claims in its state-run program has renewed ...
'A Recipe For Market Instability' — Fed Chief Powell Predicts Mortgages Won't Be Available In Some Regions, But It Has Nothing To Do Rates
Owning a home isn't just about affording the monthly mortgage—it's about securing insurance. And according to Federal Reserve ...