Shares in Mercury, a publicly-owned insurer highly exposed to California, crashed ahead of Friday's opening bell.
Allstate, Travelers, and Chubb likely will be the publicly traded insurers most exposed to losses from the L.A. fires, ...
California has been hit with an exodus of property insurance companies in recent years, and the state's ongoing wildfires ...
Allstate says AI is doing a lot of work for the insurer's employees, but decisions are still made by humans. But that ...
Financial analyst upgrades Allstate, Aon, and Willis Towers Watson stocks, citing growth potential not yet recognized by the ...
Supported by world-class markets data from Dow Jones and FactSet, and partnering with Automated Insights, MarketWatch ...
Tom Wilson, CEO of Allstate Corp., delivered a statement during the broadcast of the Sugar Bowl in which he called on viewers ...
NewsNation media contributor Colby Hall believes Wilson's intentions behind his message were good but says it was ultimately ...
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Popular narrative suggests insurance companies have to raise rates due to fire risk. In reality, the companies are doing ...
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 ...
Insurers face up to $20 billion in losses from Los Angeles wildfires, doubling initial estimates. JPMorgan analysts revised ...