Published: Tue 7 Nov 2023

Allstate warns of further CA, NY and NJ auto cuts if no action on rate filings in Q4

Allstate will have no choice but to continue reducing the amount of business it writes in California, New York and New Jersey in the new year unless there is “action” on rate filings it has made within the three states during Q4.

Insurance

Allstate

Personal auto

US / Americas

Published: Tue 7 Nov 2023

Allstate estimates $286mn October cat losses as Helene hit upped by $144mn

Allstate pivots to $495mn P&C UW gain as homeowners, auto both return to profitability

Allstate reveals $630mn Helene hit among $1.7bn Q3 cat losses

Allstate expects $225mn reinsurance recovery from Calgary hail event

Allstate estimates Beryl accounts for $226mn of total $542mn July cat losses

Allstate share price rises 5% on $2bn employer voluntary benefits sale

WTW increases share buyback program by $1bn

Itasca MGA backs Elevate Capital Partners on aviation solution

Capital markets investors seen as diversifiers for Generali's parametric reinsurance panel

Togo benefits from first payout under shock-resilient loans initiative

Typhoon Man-yi economic losses expected to be substantial: Aon

TV

Allstate warns of further CA, NY and NJ auto cuts if no action on rate filings in Q4

Want to read this article?

For details on how to subscribe or for all commercial opportunities, including advertising, please contact:

Andy Stone

Sales manager

Ricky Lamey

Business development executive

Related articles: