Allstate Q1 Income Drops 52% on Record $3.3B Gross Catastrophe Losses

Share!

Insurance Journal - Apr 30, 2025

Allstate Corp. first quarter 2025 net income applicable to common shareholders fell more than 52% to $566 million primarily due to a record $3.3 billion of gross catastrophe losses. The gross loss was partially offset by $1.1 billion of reinsurance …...

Read Full Article

Recommended Articles

Search for Victims Resumes in Texas Floods After Severe Weather Halts Operations

Posted: Jul 14, 2025

Crews on Monday were expected to resume looking for victims of catastrophic flooding in Texas that k...

GOP Lawmakers Press Trump to Speed Review of Chinese-Made Drones

Posted: Jul 14, 2025

Key House lawmakers are pressing the Trump administration to accelerate a congressionally mandated r...

FEMA Flood Maps Often Miss Flash Flood Risks, Leaving Homeowners Unprepared

Posted: Jul 14, 2025

Deadly and destructive flash flooding in Texas and several other states in July 2025 is raising ques...