Allstate Net Up 18.3 Percent
NU Online News Service, April 21, 4:18 p.m. EDT?The Allstate Corp. reported an 18.3 percent rise in first-quarter income, helped by improved underwriting income and falling claims costs.[@@]
Northbrook, Ill.-based Allstate, the second-largest U.S. home-and-auto insurer after State Farm, said its first-quarter profit was $1.1 billion, up from $949 million one year ago.
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.