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 – ...
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 ...
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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 ...
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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 ...
Insurance Insider12d
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 Business12d
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.
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 ...
L.A. wildfires up the pressure on California’s insurance commissioner over industry ties
The devastation caused by the twin blazes has raised fresh questions about whether the state — and its top insurance ...
Wall Street Journal13d
Allstate Expects California Wildfires to Cost $1.1 Billion
Allstate ALL-0.94%decrease; red down pointing triangle said it expects to record a $1.1 billion loss from the wildfires in Southern California in January. The insurer said Wednesday it has been ...
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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 ...