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Allstate Corp Add to portfolio

INX:ALL, Jul 18, 08:49 UTC

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Monday, July 16


News

B. Riley Increases Allstate (ALL) Price Target to $88.00 – Fairfield Current

ALL

The current consensus rating on Allstate Corp (NYSE:ALL) is Hold with a consensus target price of $100.1538 per share, a potential 6.97% upside. Some recent analyst ratings include. On 11/9/2017 Thomas J. Wilson, Chairman, sold 195,000 with an average share price of $99.13 per share and the total transaction amounting to $19,330,350.00. The company's Allstate Protection segment sells private passenger auto and homeowners insurance; specialty auto products, including motorcycle, trailer, motor home, and off-road vehicle insurance policies; other personal lines products, including renter, condominium, landlord, boat, umbrella, and manufactured home insurance policies; and commercial lines products under the Allstate, Esurance, and Encompass brand names. Its Service Businesses segment provides consumer electronics and appliance protection plans covering products, including TVs, smartphones, and computers; device and mobile data collection services, analytics and customer risk assessment solutions, and telematics services; roadside assistance services, such as towing, jump-start, lockout, fuel delivery, and tire change services; and vehicle service contracts, guaranteed asset protection waivers, road hazard tire and wheel protection, and paintless dent repair protection services under the SquareTrade, Arity, Allstate Roadside Services, and Allstate Dealer Services brands.

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Friday, June 29


News

Allstate and Uber Team Up to Protect Riders and Drivers in areas of New York State

ALL UBR

Allstate and Uber Team Up to Protect Riders and Drivers in areas of New York State. NORTHBROOK, Ill., June 29, 2018 /PRNewswire/ -- Allstate is expanding its partnership with Uber Technologies, Inc. to protect rideshare drivers and passengers by providing commercial auto coverage throughout New York state for all rides originating outside of the five boroughs of New York City. "Allstate is a leader in the personal transportation industry and committed to providing insurance solutions that address the changing market." The policy, managed by Allstate Business Insurance, provides coverage from when a driver-partner turns on the Uber app to begin accepting rides, heads to pick up a rider and through the time when the trip ends. With over 10 million trips daily, we recognize the need for a strong insurance partner like Allstate.

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News

3 Big Stock Charts for Friday: Sherwin-Williams, Regeneron and Allstate

ALL SHW +1 more ALL SHW REGN

The volume behind the gain was modest, and the indices are still within easy reach of a technical breakdown. The e-commerce giant said it was acquiring online pharmacy PillPack, sending traditional pharmacy stocks like CVS Health (NYSE:CVS), Rite Aid (NYSE:RAD) and Walgreens Boots Alliance (NASDAQ:WBA) careening. Rather, the best bets from here are Sherwin-Williams (NYSE:SHW), Regeneron (NASDAQ:REGN) and Allstate (NYSE:ALL), each of which are relatively immune to the market’s normal recycling of hysteria. It’s also an industrial coating specialist, which is an industry that’s well-positioned to capitalize on broad economic growth. Yet, SHW stock is compelling here, even if only for technical reasons.

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Thursday, June 28


News

AI Will Thrash the Economy Like a ‘Tsunami,’ Allstate CEO Says

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Artificial intelligence is coming for the service economy, according to Allstate Corp. Chief Executive Officer Tom Wilson. “It’s going to rip through this economy like a tsunami,” Wilson said Thursday in an interview on Bloomberg TV from Aspen, Colorado. McKinsey & Co. estimates that more than 400 million people worldwide could be looking for work by 2030 because technology took their jobs. Read AI Will Thrash the Economy Like a ‘Tsunami,’ Allstate CEO Says on bloomberg.com.

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News

Allstate CEO on Corporate Activism, AI, Investments

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Allstate CEO on Corporate Activism, AI, Investments. Jun.28 -- Allstate Corp. Chief Executive Officer Tom Wilson discusses corporate responsibility, the impact of artificial intelligence on service industries, and alternative capital investment strategy. He speaks with Bloomberg's Erik Schatzker on "Bloomberg Markets: European Close." What to read next.

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News

Allstate launches new pay-per-mile insurance in New Jersey

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Milewise™ allows low-mileage drivers to pay as they go. The new insurance product gives customers even more control over their insurance costs with the same great coverage and claim service from Allstate. "A lot of my customers use public transportation as their primary way of getting around, yet they still own a car," says Edgewater Allstate Agency Owner Peter Arcuri. "Milewise is ideal for these customers. Rather than getting a traditional insurance policy for a car that spends most of its time in their garage, Milewise customers pay based on how often they drive."

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Tuesday, June 26


News

Allstate (ALL) Catastrophe Woes Continue With Losses in May - June 26, 2018

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Of these, a $224-million was incurred from 12 events and the remainder was from adjustments to prior-period cat loss. About 60% of the catastrophe losses were related to two severe wind and hail events, primarily affecting Mid-Atlantic, Northeast and certain Midwest states. For April, the company expects a cat loss of $211 million or $167 million after tax. Per Aon’s Impact Forecasting, cat loss for May is estimated at $2.3 billion and two-thirds of the same will be borne by the insurance and the reinsurance sector. Allstate remains focused on reducing losses through its catastrophe management strategy and reinsurance programs as well as by limiting exposure to riskier geographic markets via premium hikes, which might cause a decline in the number of policies in force. However, we cannot rule out the possibility of significant losses from cat events and inclement weather incidents.

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News

Allstate’s Drone Imaging Program Selected by 50+ Insurer CIOs for Novarica Research Council Impact Award - Press Release

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BOSTON--(BUSINESS WIRE)--Allstate will receive an Impact Award from the Novarica Insurance Technology Research Council, a peer community of hundreds of insurer CIOs, for its drone imaging program. “Aerial imagery is innovative technology that can improve the speed and efficiency of our property inspection process and help us deliver a faster, more modernized claim experience for our customers,” said Bonnie Lee, Vice President of Property Claims at Allstate. Allstate’s case study, along with case studies of seven other winners, and more than 20 additional cases considered for Impact Awards, was published today in Novarica’s 7th Annual Best Practices Case Study Compendium, online at https://novarica.com/compendium2018/. The Council is managed by Novarica, a research and advisory firm that helps more than 100 insurers make better decisions about technology projects and strategy through published research, advisory services, and consulting on IT strategy, benchmarking, project assurance, capability and organizational assessments, and vendor selection.

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Thursday, June 21


News

Allstate Announces May 2018 Catastrophe Loss Estimate

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Two severe wind and hail events, primarily impacting Mid-Atlantic, Northeast and certain Midwest states, accounted for approximately 60% of May event catastrophe losses. Allstate previously announced $211 million, pre-tax ($167 million after-tax), in estimated catastrophe losses for the month of April 2018, bringing second quarter months of April and May 2018 to $489 million, pre-tax ($387 million after-tax). Financial information, including material announcements about The Allstate Corporation, is routinely posted on www.allstateinvestors.com. Forward-Looking Statements. These forward-looking statements do not relate strictly to historical or current facts and may be identified by their use of words like “plans,” “seeks,” “expects,” “will,” “should,” “anticipates,” “estimates,” “intends,” “believes,” “likely,” “targets” and other words with similar meanings.

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Sunday, June 17


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