Allstate Insurance reports an excellent bump in Q4 2020

Allstate auto underwriting - hand holding money

The insurer’s positive outcomes were linked with solid results and positive investment returns. As a result, Allstate Insurance, the industry leader has had a very strong in Q4 2020 which showed a rise in its income, lowered underwriting costs and strong investment returns during that quarter. The company announced that their net income had increased by 52 percent year over year. The revenues for the quarter came to $2.6 billion when compared to the equivalent quarter in 2019, when the net income for the company was $1.7 billion. In the…

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