US insurance company Allstate issues catastrophe losses and new rates report

US insurance company - Business - Reports

The insurer has published its February 2024 report on its catastrophe losses and implemented rates. The US insurance company Allstate Corporation (NYSE symbol ALL) recently released its catastrophe loss data for February 2024. In the report, it announced its catastrophe losses were lower than the reporting threshold The US insurance company’s announcement showed data that illustrated that the insurer was under the $150 million reporting threshold for that month. The data shared by the insurer in a recent news release also delved into its rate increase for the auto coverage…

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Where are the safest drivers in the US? Allstate knows

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The insurance company has released a report in which it found the best motorists and worst days of the year. Allstate Insurance has released its “America’s Best Drivers Report” in which it identified the areas with the safest drivers in the country. The report’s insight shows a considerable difference among the habits of motorists in different cities. This information is helpful as the winter weather sets in and greater care is required behind the wheel. The report clearly showed the safest drivers when it comes to winter driving. Snow, wind,…

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Allstate survey shows that U.S. drivers are confident in their driving abilities despite their dangerous habits

A new study from Allstate Corp. suggests that U.S. motorists may not be as skilled of drivers as they may think. The study shows that the majority of Americans consider themselves to be good drivers with safe habits. This notion is contrary to the evidence compiled by Allstate that suggests otherwise. How the auto insurance industry will react to the study is yet to be seen. Whether the study will serve as inspiration for drivers to improve their habits is also unclear. Allstate studied more than 1,000 adults in the…

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