LA fires could break California's insurance market
In Pacific Palisades alone, the FAIR plan insures nearly $6 billion worth of property, according to September figures — more ...
How Allstate’s CIO is leaning on gen AI to make insurance policy coverage and claims requests more effective and empathetic
Allstate says AI is doing a lot of work for the insurer's employees, but decisions are still made by humans. But that ...
Allstate, Aon, Willis Towers Watson upgraded at Evercore
Financial analyst upgrades Allstate, Aon, and Willis Towers Watson stocks, citing growth potential not yet recognized by the ...
Wildfires Intensify Pivotal Moment for Insurance Industry
With over 13,000 homes at risk, the losses from the Los Angeles wildfires could approach $10 billion, according to ...
Allstate Corp. stock outperforms competitors on strong trading day
Supported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch ...
Five football fields a minute: How a perfect storm of extreme weather set off Los Angeles wildfires
Rising temperatures have created the ideal conditions for “extreme, high severity wildfires that spread rapidly,” according ...
Insured losses from California wildfires could near $10B, J.P. Morgan says in initial estimate
Insured losses from J.P. Morgan estimated Wednesday the ongoing wildfires in Southern California could approach $10B, ...
Employee Benefit News6h
Allstate's volunteer program helps employees share professional skills
A partnership with Common Impact pairs nonprofits who need help in specific areas with employees who want to use their skills ...
Evercore ISI upgrades Allstate (ALL) to a Buy
Allstate (ALL – Research Report) received a Buy rating and a $226.00 price target from Evercore ISI analyst David Motemaden today. The ...
Why are there so many wildfires in California and what is behind the latest in LA?
Tens of thousands of people have been evacuated after flames quickly engulfed huge swathes of the Pacific Palisades area.
insurancebusinessmag15h
Auto insurance rate hikes set to slow in 2025 -- report
According to its “The State of Auto Insurance in 2025” report, premiums will continue to increase at an average rate of 7.5% – slower than last year’s rate increase of 16.5%. The biggest rate hikes ...