California Sets Map of Wildfire Risk in Push to Expand Insurance [BNN Bloomberg (Canada)]
Allstate Corporation (The) (ALL)
Last allstate corporation (the) earnings: 2/4 06:08 pm
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Source: BNN Bloomberg
The map encompasses fire-prone areas across much of Northern California and large swathes of the Central Coast, as well as northwest of Los Angeles and east of San Diego. About half of the state's 58 counties are represented, either entirely or partially. “People can live across the street or down the block, but have a completely different reality when it comes to their fire risk,” Insurance Commissioner Ricardo Lara told reporters Wednesday. “That is the complexity and the diversity of California's geography and the reality of our insurance marketplace.” The details are part of California's plan to revamp its home-insurance market after companies such as Allstate Corp. paused new coverage and State Farm General Insurance Co. said it won't renew 72,000 home and apartment policies after big losses from wildfires. Faced with rising risks tied to climate change, the state is developing rules to allow insurers to request rate increases based on forward-looking catastrophe models —
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News
- The Allstate Co. (NYSE: ALL) had its "outperform" rating re-affirmed by analysts at Keefe, Bruyette & Woods. They now have a $194.00 price target on the stock.MarketBeat
- Home Insurance at $10,000 a Year Shows California Buyers' Pain [BNN Bloomberg (Canada)]BNN Bloomberg
- With 79% ownership of the shares, The Allstate Corporation (NYSE:ALL) is heavily dominated by institutional owners [Yahoo! Finance]Yahoo! Finance
- Allstate Announces May 2024 Catastrophe LossesBusiness Wire
- Allstate (ALL) Outpaces Stock Market Gains: What You Should Know [Yahoo! Finance]Yahoo! Finance
ALL
Earnings
- 5/1/24 - Beat
ALL
Sec Filings
- 6/21/24 - Form 424B2
- 6/20/24 - Form FWP
- 6/20/24 - Form 8-K
- ALL's page on the SEC website