Allstate Seeks Entrepreneurs to Open More than 150 Agencies in Texas

Allstate catastrophe losses

Texas added more people to its population than any other state in the past year1 and is projected to see its economy grow by 1-2 percent2 in 2019. Allstate aims to bring over 2,000 sales positions to the Lone Star State to support this growth, including 150 Allstate agency owners. “The population expansion in cities… Continue reading Allstate Seeks Entrepreneurs to Open More than 150 Agencies in Texas

Allstate Slips to Loss in Q4 But Beats Estimates

Allstate catastrophe losses

The Allstate Corp. slipped to a loss in the fourth quarter from a profit last year, due to realized capital losses, higher catastrophe losses, and a drop in net investment income. However, the results exceeded analysts’ expectations. Net loss applicable to common shareholders was $312 million or $0.91 per share compared to a profit of… Continue reading Allstate Slips to Loss in Q4 But Beats Estimates