Allstate Corporation is a leading provider of insurance products and services in the United States. The company primarily focuses on offering auto and home insurance policies, alongside life and health insurance solutions. Allstate also engages in specialty insurance, providing coverage for various needs including renters, motorcycles, and boats. Beyond traditional insurance offerings, the company is committed to innovative technology solutions and customer service enhancements to help individuals protect their assets and manage risk effectively. Read More
Shares of insurance giant Allstate (NYSE:ALL) fell 3.2% in the afternoon session after a government report showed U.S. employers hired far fewer workers in August than economists expected. The disappointing jobs data sparked concerns on Wall Street that the U.S. economy might be slowing down too quickly, potentially signaling a recession. This uncertainty led to a widespread decline in stocks, with the S&P 500 falling 0.6% and the Dow Jones Industrial Average dropping 0.7% in morning trading. Investors reacted by selling off shares across various sectors, and Allstate was not immune to the negative market sentiment, despite some recent positive news, including a reiterated "Outperform" rating from BMO Capital.
Let's delve into the developments on the US markets one hour before the close of the markets on Friday. Below, you'll find the top gainers and losers within the S&P500 index during today's session.
The specter of persistent inflation continues to loom large over the global economy, with stubbornly high shelter costs emerging as a key antagonist in the Federal Reserve's battle for price stability. This enduring inflationary pressure is significantly influencing the central bank's "higher for longer" interest rate policy, creating a complex
The Big 12 Conference and Allstate today announced a multi-year partnership to launch the Allstate Championship Series, a first-of-its-kind, year-round platform that celebrates Big 12 Championships and student-athletes.
Allstate, the U.S. Chamber of Commerce and the U.S. Chamber of Commerce Foundation today released new research showing that each dollar not invested in disaster resilience today could result in up to $33 of lost future economic activity. Higher levels of investment protect lives and property and reduce long-term costs for federal, state and local governments if a disaster strikes.
August 29, 2025 -- To help community members take the right steps, North Atlanta Injury Law is offering key public tips on what to do immediately following a collision.
AM Best has affirmed the Financial Strength Rating (FSR) of A+ (Superior) the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aa-” (Superior) of the members of Allstate Insurance Group (Allstate) [NYSE: ALL]. Concurrently, AM Best has affirmed the FSR of A- (Excellent) and the Long-Term ICR of “a-” (Excellent) of the ASMI Auto Group members. AM Best also has affirmed the FSR of A (Excellent) and the Long-Term ICR of “a” (Excellent) of First Colonial Insurance Company (FCIC) (Jacksonville, FL).
The Federal Reserve finds itself at a critical juncture, navigating a treacherous path between aggressive market demands for interest rate cuts and the persistent realities of an economy that defies easy categorization. While financial markets have been consistently pricing in a series of rate reductions, the central bank is grappling
Generating cash is essential for any business, but not all cash-rich companies are great investments.
Some produce plenty of cash but fail to allocate it effectively, leading to missed opportunities.
The specter of persistent inflation, stubbornly holding above the Federal Reserve's long-term target of 2%, is casting a long shadow over the U.S. economy and financial markets. Recent data reveals a concerning trend where core inflation metrics, stripping out volatile food and energy prices, are accelerating, prompting the central
Seeking insights into today's market movers? Discover the S&P500 gap up and gap down stocks in today's session on Friday. Stay informed about the latest market trends.
Wall Street has issued downbeat forecasts for the stocks in this article.
These predictions are rare - financial institutions typically hesitate to say bad things about a company because it can jeopardize their other revenue-generating business lines like M&A advisory.
Allstate has followed the market’s trajectory closely, rising in tandem with the S&P 500 over the past six months. The stock has climbed by 10.6% to $208.84 per share while the index has gained 6.4%.
All Day Roofing & More has announced a groundbreaking partnership with leading insurance providers, establishing the company as the premier roofing company near me for homeowners seeking rapid claim resolution. This collaboration positions the Fairfax-based contractor as the area's only roofing service provider capable of processing insurance claims within 24 hours, dramatically reducing the traditional waiting period from weeks to a single day.
The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of July of $184 million or $145 million, after-tax from 19 wind and hail events.
Colorado Springs faces a repair crisis after record hailstorms, with 60% of shops refusing aluminum work. Rising costs, insurance pressure, and environmental waste highlight the shortage, while a few certified specialists invest in advanced training to meet growing demand.
A stock with low volatility can be reassuring, but it doesn’t always mean strong long-term performance.
Investors who prioritize stability may miss out on higher-reward opportunities elsewhere.
Allstate Power expands Public Safety DAS and BDA services across Florida, helping buildings meet strict compliance standards and ensure reliable first responder communication.
The financial markets are once again grappling with the persistent specter of inflation, as the latest reports have sent ripples through the bond market and currency exchange rates. Following a series of economic data releases, the yield on the benchmark 10-year Treasury note has seen a notable climb, while the
