Allstate Stock, Other Insurers Fall as L.A. Fires Rage On. They Are Set to Lose This Much.
Shares in Mercury, a publicly-owned insurer highly exposed to California, crashed ahead of Friday's opening bell.
These Stocks Are Moving the Most Today: Allstate, Travelers, Nvidia, AMD, Delta, Walgreens, Constellation Energy, and More
Allstate, Travelers, and Chubb likely will be the publicly traded insurers most exposed to losses from the L.A. fires, ...
California insurance crisis: List of carriers that have fled or reduced coverage in the state
California has been hit with an exodus of property insurance companies in recent years, and the state's ongoing wildfires ...
Los Angeles fires expose inflated US home prices
Uncontained Los Angeles wildfires point to housing-market problems nationwide. Devastation around the second-biggest U.S.
LA Times on MSN19h
How the devastating Los Angeles fires could deepen California's home insurance crisis
The massive fires that have destroyed much of Pacific Palisades and demolished more than 2,000 homes in Los Angeles County ...
California’s insurance is in crisis. The solution will cost homeowners a ton
Lynne Levin-Guzman stood in the front yard of her 90-year old parents’ home in Los Angeles County, California, trying to ...
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 ...
Allstate CEO decries ‘addiction to divisiveness’ during Sugar Bowl; GOP lawmakers outraged
Tom Wilson, CEO of Allstate Corp., delivered a statement during the broadcast of the Sugar Bowl in which he called on viewers ...
Insurance stocks tumble as LA fires threaten record losses
Insurance stocks like Allstate, Progressive and Chubb fell on Thursday as analysts expect wildfires in LA to pose over a $20 billion hit to the industry.
The New Republic on MSN5h
L.A. Is Burning. Will Insurance Companies Take Advantage?
Popular narrative suggests insurance companies have to raise rates due to fire risk. In reality, the companies are doing ...
Insurance stocks sell off sharply as potential losses tied to LA wildfires increase
AllState, Chubb and Travelers are the most exposed carriers to insured losses in the wildfires, according to JPMorgan.