Allstate Corp. reported a 61 percent drop in its closely watched adjusted net income compared to the previous year, as the auto-insurance industry in the United States grapples with rising accident volumes and sharply higher claims costs. Allstate’s first-quarter adjusted income fell to $726 million from $1.87 billion a year earlier, primarily because of the… Continue reading Allstate Profit Weakens as Accidents, Claim Costs Increase
Looking For Market Distribution? Download the Media Kit
