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0 -0.00940677505301501 -0.00940677505301501 -0.00940677505301501 -0.00494807242673045 0.000598118644989471 0.000434995378174175 -0.0115273775216137
Stock impact report

Allstate Canada: Almost 1 in 3 insurance claims are due to a catastrophic weather or climate event [Yahoo! Finance]

Allstate Corporation (The) (ALL) 
Last allstate corporation (the) earnings: 2/4 06:08 pm Check Earnings Report
US:NYSE Investor Relations: allstateinvestors.com
Company Research Source: Yahoo! Finance
MARKHAM, Ontario, April 07, 2025 (GLOBE NEWSWIRE) -- Catastrophic weather and climate events are no longer a rare occurrence in Canada. According to a recent Léger poll conducted on behalf of Allstate Insurance Company of Canada (‘Allstate'), only 27 per cent of Canadian homeowners who responded say they are very confident their home is prepared for a major weather or climate event, such as a tornado, flooding, wildfire, or hail that cause wide-spread damage to communities. Allstate in-house data shows that 29 per cent of claims it received over the last 10 years - that's almost 1 in 3 - were from major weather or climate events. Analysis shows the number of claims due to large events was particularly high in 2024, with approximately 2.4 times more claims when compared to 2023. In fact, the Insurance Bureau of Canada 's industry-wide numbers show that 2024 shattered the record for costliest year for severe weather-related losses in Canadian history, at over $8.5 billion. Given th Show less Read more
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