Topic: Allstate Corporation

Summary Box: Allstate's net income drops 63 pctTHE BOTTOM LINE: Allstate's net income sank 63 percent in the second quarter to $145 million, or 27 cents per share. That compares with a profit of $389 million, or 72 cents per share, in ...

Allstate's net income drops in second quarter on investment lossesProperty and casualty insurer Allstate Corp. said Wednesday that its net income fell sharply in the second quarter as a result of investment losses. But the Northbrook, Ill., company noted that the performance ...

Insurer Allstate returns to profitability in 1Q despite higher catastrophes costsProperty and casualty insurer Allstate Corp. said Wednesday it was profitable in the first-quarter, reversing a year-ago loss, even as costs rose for insuring against damage caused by catastrophes including severe winter ...

Summary Box: Insurer Allstate posts 4Q profit, trims investment lossesEARNINGS TURNAROUND: The latest earnings report from Allstate Corp. shows much improvement in the property and casualty insurer's investment portfolio, reversing a steep year-ago loss. Allstate earned $518 million. That compares with a ...

Insurer Allstate expected to post 4th-quarter profit helped by investment improvementsProperty and casualty insurer Allstate Corp. reports its fourth-quarter results after the stock market closes Wednesday. WHAT TO WATCH FOR: Improvement in Allstate's investment portfolio. Last year, the second-largest personal lines insurer ...

Allstate swings to third-quarter profit, helped by mild hurricane seasonA milder hurricane season this year helped Allstate Corp. turn a third-quarter profit as its losses for storms and other catastrophes dropped sharply. The property and casualty insurer said Wednesday its net income ...