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U.S. home insurers are said to face biggest loss of century in 2023 (NYSE:ALL)

Bill Oxford/E+ via Getty Images Home insurers in the United States last year suffered their worst underwriting loss this century, the Financial Times reported on Sunday, as natural disasters, inflation and population growth in high-risk…

Allstate sees catastrophe losses below $150M threshold for November (NYSE:ALL)

Investor Empires

Bruce Bennett/Getty Images News Allstate (NYSE:ALL) expects its catastrophe losses were below the $150M reporting threshold for November, the insurer said Thursday. The company also noted that it got the green light from Departments of…

Here’s what Maui wildfires mean for Allstate, other P&C insurers (NYSE:ALL)

Investor Empires

Justin Sullivan/Getty Images News With the devastating wildfires sweeping across Maui island last week, property and casualty insurers with exposure to Hawaii are set to incur catastrophe losses in what would be a negative for…