The combined losses for major U.S. insurers AIG (AIG), Travelers (TRV), Chubb (CB) and Allstate (ALL) from the catastrophic ...
The stock had slumped 25% after the fires to around $50 as investors made the small-cap company into a focused bet on ...
Just months before the Southern California wildfires, many insurance companies, including Allstate, backed out of the ...
The Travelers Companies, Inc. (NYSE: TRV) announced Tuesday that it expects $1.7 billion in pretax catastrophe losses from the California wildfires that swept through the state in January. After taxes ...
The main wildfires in California have subsided, but calculating the damages — both financial and emotional — is a challenge ...
"Tales of California residents finding it ever more expensive to get insurance are legion, assuming they can get it at all," ...
The strongest storm to impact parts of California in over a year has arrived and was drenching more than 600 miles of the ...
The climate crisis is costing us a lot of money — higher utility bills, higher health-care costs, skyrocketing housing prices ...
Allstate is discovering soul-less generative AI models, made up of entirely data and code, are more empathetic than a lot of its human representatives. We recently published a list of 12 Best ...
State Farm submitted a request for an emergency interim rate, which would have increased costs by 22% for some homeowners.
The bailout will be funded by the state's private insurers, but a new rule says they they can pass up to half of the cost on ...