Allstate Corp.’s profit fell in the first quarter as revenue declined, and the insurer also logged $210 million in costs for its Shelter-in-Place Payback program that it adopted because of the COVID-19 pandemic. Allstate’s profit was $549 million, or $1.59 a share, down from $1.29 billion, or $3.74 a share, a year ago. First-quarter adjusted… Continue reading Allstate’s Q1 Revenue Drops 8.3%
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