Factbox: Insurers return part of auto premiums as coronavirus cuts driving [Reuters]
Allstate Corporation (The) (ALL)
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Source: Reuters
Factbox: Insurers return part of auto premiums as coronavirus cuts driving (Reuters) - Major U.S. insurers are offering credit to auto and motorcycle policyholders following a decline in driving, as most Americans stay at home to help contain the spread of the novel coronavirus. Following is a list of companies, in alphabetical order, which have offered to return premiums. ALLSTATE CORP ( ALL.N ) Allstate, one of the largest U.S. auto insurers, said on Monday it would return more than $600 million in premiums to customers. Most customers will receive a “payback” of 15% of their monthly premium in April and May, the company said. The auto insurer said it would return a total of $200 million to auto insurance customers beginning mid-April. Customers will receive $50 per vehicle covered by their policies, the Madison, Wisconsin-based company said. Geico Corp, part of billionaire Warren Buffett’s Berkshire Hathaway Inc ( BRKa.N ), said it will offer about $2.5 billion of credits to it
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ALL
Earnings
- 10/30/24 - Beat
ALL
Sec Filings
- 11/21/24 - Form 8-K
- 11/14/24 - Form 13F-HR
- 11/5/24 - Form 4
- ALL's page on the SEC website