This web site needs javascript enabled to work properly. Please enable it to use the full functionality of the web site. Thank You!

AM Best Information Services

Best’s News & Research Service subscription required - June 16, 2022 03:13 PM (EDT)

Allstate CFO: Auto Rate Hikes Total $180 Million in May; Monthly Catastrophe Losses Double Year-Over-Year

Allstate Corp. brand automobile insurance rate increases totaled $180 million in May, bringing the total for second-quarter rate implemented auto rates to $343 million, according to Chief . . .

-- This content requires a subscription --

Already a subscriber?

Log in Register your purchase

Not a Subscriber?

Best's News & Research Service

A subscription includes:

BestDay
BestWeek
Best's Review
Best's Journal
Best's Special Reports & Commentaries
Best's Rankings
and more...

Losses Property And Casualty Insurers

Reprints & Redistribution

Latest News

BESTWEEK
BestWeek: Volatile Year Showed Growth in Some Areas of Life Industry as Others Dropped
Aug 12, 2022 04:16 PM (EDT)

CONFERENCES
Artex SVP: Social Inflation Is Impacting Excess Casualty Coverage
Aug 12, 2022 03:41 PM (EDT)

BEST'S CREDIT RATING ACTION
AM Best Assigns Issue Credit Rating to Fairfax Financial Holdings Limited’s Senior Unsecured Notes
Aug 12, 2022 03:40 PM (EDT)

BEST'S CREDIT RATING ACTION
AM Best Removes From Under Review With Negative Implications, Affirms Credit Ratings of Grupo Mexicano de Seguros, S.A. de C.V.
Aug 12, 2022 03:37 PM (EDT)

CONFERENCES
Axa XL Americas Director: Climate Risks Are Good Candidates for Parametric Coverage
Aug 12, 2022 03:36 PM (EDT)

More from Best’s News

Trending

1

CONFERENCES
Artex SVP: Social Inflation Is Impacting Excess Casualty Coverage
Aug 12, 2022 03:41 PM (EDT)

2

EARNINGS
Oscar Health Net Loss Widens as Operating Expenses Surge in Second Quarter
Aug 12, 2022 02:24 PM (EDT)

3

EARNINGS
Hippo Narrows Second-Quarter Net Attributable Loss as Administrative Expenses Climb
Aug 11, 2022 05:21 PM (EDT)

1

EARNINGS
Root CEO Says Net Loss Narrows as Insurtech Shrinks Marketing, Hikes Rates; Reverse Stock Split Pending
Aug 09, 2022 04:23 PM (EDT)

2

EARNINGS
Lemonade Inc. Reports $67.9 Million Second-Quarter Loss as Metromile Deal Closes
Aug 09, 2022 02:31 PM (EDT)

3

Climate, Tech, International and RBC Issues To Grab Trades’ Attention at NAIC Summer Meeting
Aug 05, 2022 04:29 PM (EDT)

4

INSURTECH
Lemonade Lays Off 20% of Workforce as it Completes $145 Million All-Stock Metromile Acquisition
Jul 29, 2022 02:24 PM (EDT)

5

HOMEOWNERS POLICIES
Insurtech Openly Plans Underwriting Push in 17 States
Jul 26, 2022 03:26 PM (EDT)

1

EARNINGS
Lemonade Inc. Reports $67.9 Million Second-Quarter Loss as Metromile Deal Closes
Aug 09, 2022 02:31 PM (EDT)

2

INSURTECH
Lemonade Lays Off 20% of Workforce as it Completes $145 Million All-Stock Metromile Acquisition
Jul 29, 2022 02:24 PM (EDT)

3

HOMEOWNERS POLICIES
Insurtech Openly Plans Underwriting Push in 17 States
Jul 26, 2022 03:26 PM (EDT)

4

INSURTECH
Insurtech Hippo Seeks Reverse Stock Split to Ward Off Delisting
Jul 21, 2022 10:39 AM (EDT)

5

EARNINGS
Travelers 2Q Net Income Declines 41%; Exec Says Rate Hikes Confront Inflation
Jul 21, 2022 10:13 AM (EDT)

1

INSURTECH
Lemonade Lays Off 20% of Workforce as it Completes $145 Million All-Stock Metromile Acquisition
Jul 29, 2022 02:24 PM (EDT)

2

HOMEOWNERS POLICIES
Insurtech Openly Plans Underwriting Push in 17 States
Jul 26, 2022 03:26 PM (EDT)

3

INSURTECH
Insurtech Next Insurance to Lay Off 17% of Workforce in United States, Israel
Jul 08, 2022 11:10 AM (EDT)

4

INSURTECH
Update: Citing Expenses and Organizational Changes, Insurtech Thimble Lays Off 33% of Staff
Jul 07, 2022 04:47 PM (EDT)

5

BEST'S RANKINGS
Best’s Rankings: Progressive Surpasses State Farm to Become Largest US Total Auto Writer in 2021
Jun 16, 2022 11:19 AM (EDT)

Related Companies

AMB#	Company Name
058312	The Allstate Corporation

BEST'S CREDIT RATING ACTION
AM Best Affirms Credit Ratings of The Allstate Corporation and Its Key Subsidiaries
Aug 11, 2022 03:56 PM (EDT)

EARNINGS
Allstate CFO: Repair Shop Bottlenecks Drive Auto Loss Development to $1.48 Billion in First Half
Aug 04, 2022 03:43 PM (EDT)

EARNINGS
Allstate Moves to $1.04 Billion 2Q Net Loss Amid Underwriting, Investment Losses
Aug 03, 2022 05:54 PM (EDT)

LOSSES
Allstate: Second-Quarter Property Combined Ratio Likely Worsened 12.2 Points on Cat Losses, Inflation
Jul 21, 2022 02:33 PM (EDT)

LITIGATION
Federal Appeals Court Grants Injured Florida Man New Trial in $12.7 Million Auto Crash Case
Jun 29, 2022 04:00 PM (EDT)

More Related Company News

To Submit News go to - https://www.ambest.com/bestweek/submitnews.html