Allstate Rides on Property Liability Growth & Streamlining Initiatives

Property and casualty insurer, The Allstate Corporation (ALL) remains well-poised on the back of rising premiums, growing protection services business and streamlining initiatives. Strong contributions by the Property-Liability, Protection Services and Allstate Health and Benefits segments should help sustain the top-line growth momentum of Allstate. Peer companies like Palomar Holdings, Inc. (PLMR) and Arch Capital Group Ltd. (ACGL) have witnessed premium increases of 54.6% and 17.1% year over year in the ...