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California Wildfires: Soaring Insurance Claims Hit $45B
The recent California wildfires have left an unprecedented financial toll on the insurance industry, with projections of $35 ...
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.
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 ...
Times West Virginian21h
Allstate expects $1.1 billion in losses from Los Angeles fires
Allstate said this week that it expects to lose $1.1 billion due to the Los Angeles fires, making it the second major insurer ...
Capital Public Radio22h
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 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 ...
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 ...