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0.00014730577733262 -0.000412456176531203 -0.000795451197595916 -0.000795451197595916 -0.000795451197595916 -0.000795451197595916 -0.000795451197595916 -0.000795451197595916
Stock impact report

Will Rate Hikes Impact Allstate's (ALL) New Business in Q1? [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
The company's focus on keeping up with elevated loss cost trends is commendable, given it has been pursuing rate hikes consistently to earn profits in its Auto and Homeowners business. We expect the first-quarter's performance to benefit from improvement in underwriting margins in Auto and Homeowners. Moreover, moderating the personal auto loss environment is likely to have provided some respite to Allstate. The auto insurance business is expected to have been aided by expanding earned premiums and reduced adverse non-catastrophe prior-year reserve re-estimates in the first quarter. Meanwhile, the homeowners' insurance business is likely to have received a boost from improved average gross premium per policy in the Allstate and National General brands. Customer 360 product is expected to have generated higher volumes for National General in the first quarter. However, the continued incidence of catastrophe losses is expected to have acted as a partial offset for the business' quart Show less Read more
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