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Allstate Stock, Other Insurers Fall as L.A. Fires Rage On. They Are Set to Lose This Much.

Shares in Mercury, a publicly-owned insurer highly exposed to California, crashed ahead of Friday's opening bell.

AllState and Other Insurance Stocks Fall on Fears of Losses From L.A. Fires

Shares of leading U.S. home and auto insurers fell on concerns the Los Angeles infernos, likely to be the costliest wildfire in U.S. history, will hit earnings. Preliminary

Markets Insider on MSN · 2h

Insurance stocks tumble as LA fires threaten record losses

Insurance stocks like Allstate, Progressive and Chubb fell on Thursday as analysts expect wildfires in LA to pose over a $20 billion hit to the industry.

Scientific American · 20h

Los Angeles Fires Could Push California’s Insurance System to the Brink

Damages from the recent fires in the Los Angeles area could overwhelm California’s already stressed insurer of last resort

1hon MSN

These Stocks Are Moving the Most Today: Walgreens, Delta, Nvidia, AMD, Constellation Energy, Allstate, Constellation Brands, and More

Walgreens stock surges following better-than-expected quarterly earnings, Delta forecasts a strong 2025, and shares of chip ...

Allstate CEO Tom Wilson strikes the wrong tone

Also: Carvana stock slides on short report, Former TGI Fridays CEO returns, AI social media backfires for Meta.

News Nation on MSN3d

Allstate CEO criticized for comments following New Orleans attack

NewsNation media contributor Colby Hall believes Wilson's intentions behind his message were good but says it was ultimately ...

Allstate price target lowered to $183 from $187 at Barclays

Barclays lowered the firm’s price target on Allstate (ALL) to $183 from $187 and keeps an Underweight rating on the shares. As Barclays ...

BizPac Review4d

Allstate CEO lectures America on accepting people’s ‘imperfections, differences’ after NOLA terror attack

Allstate's CEO sparked outrage with his Sugar Bowl message preaching about the "addiction of divisiveness" after a New Orleans terror attack.

Allstate CEO decries ‘addiction to divisiveness’ during Sugar Bowl; GOP lawmakers outraged

Tom Wilson, CEO of Allstate Corp., delivered a statement during the broadcast of the Sugar Bowl in which he called on viewers ...

4don MSN

Allstate deletes CEO video on New Orleans attack amid backlash

The video aired during the college football Sugar Bowl match where Notre Dame beat Georgia. They postponed their game in ...

Mediaite on MSN5d

AllState Removes Post of CEO’s Video Message on New Orleans Terror After Major Outrage

The company's CEO said in a video message that Americans needed to overcome "an addiction to divisiveness and negativity" after a terrorist killed 14 people.

7don MSN

Allstate CEO Tom Wilson faces MAGA backlash following bizarre Sugar Bowl ad in the wake of New Orleans attack

Allstate’s CEO brazenly declared that the US has an ‘addiction to divisiveness’ 24 hours after Shamsud-Din Jabbar murdered 14 people on Bourbon Street during the Sugar Bowl ...

1don MSN

How Allstate’s CIO is leaning on gen AI to make insurance policy coverage and claims requests more effective and empathetic

Allstate says AI is doing a lot of work for the insurer's employees, but decisions are still made by humans. But that ...

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