Category Archives for Insurance

Allstate Estimates $1.7 Billion in Q1 Catastrophe Losses

Allstate Corp. said pre-tax catastrophe losses for the first quarter are expected to be about $1.7 billion, with about $1.3 billion occurring during the month of March. Losses in March were attributed to 10 events…

Allstate’s Plan to Return to Profit in Auto

Following a year of turbulence in its auto insurance business, Allstate Corp. outlined what CEO Tom Wilson called the company’s number one priority: improve margins. Allstate ended 2022 with an unprofitable 110.1 combined ratio in…
white and red wooden house miniature on brown table

A Step-by-Step Guide to Home Insurance in Los Angeles and California

Introduction: A standard home insurance policy is an essential component of financial planning for homeowners in Los Angeles and California. With a diverse range of natural disasters and the ever-increasing property values in the state,…