Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Allstate to return $600 million in auto premiums as coronavirus cuts driving [Yahoo! Finance News]

Allstate Corporation (The) (ALL) 
Last allstate corporation (the) earnings: 2/4 06:08 pm Check Earnings Report
US:NYSE Investor Relations: allstateinvestors.com
Outbreak of the coronavirus disease COVID-19) in SeattleBy Suzanne BarlynReuters) - Allstate Corp , one of the largest U.S. auto insurers, said on Monday it would return more than $600 million in premiums to customers as many Americans drive less due to stay-at-home orders aimed at curbing the coronavirus outbreak.Most customers will receive a "payback" of 15% of their monthly premium in April and May, the company said.State Farm and Progressive Insurance Corp , also among the largest U.S. auto insurers, are also looking into the driving decline and its potential impact on premiums.State Farm is "considering how best to take this into account and return value to our auto insurance policyholders" while Progressive is "exploring how to best return some premium to customers," representatives for the companies said.Both companies expect to make decisions soon, they said."There are very few silver linings out there, but auto insurance companies are definitely one of them,” said Piper Sandl Show less Read more
Impact Snapshot
Event Time:
ALL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for ALL alerts
Opt-in for
ALL alerts

from News Quantified
Opt-in for
ALL alerts

from News Quantified