NORTHBROOK, Ill., Jan. 7, 2026 /PRNewswire/ -- The Allstate Corporation (NYSE: ALL) will host a conference call and webcast at 9 a.m. ET on Thursday, Feb. 5, 2026, to discuss fourth-quarter 2025 financial results. Allstate plans to file its results via a Form 8-K with the Securities and Exchange Commission (SEC) after 4:15 p.m. ET on Wednesday, Feb. 4, 2026. The earnings release and investor supplement will be accessible shortly after filing on the SEC's website (www.sec.gov) and Allstate's Investor Relati ...

CBS News/Shutterstock Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. When Joan Van Kuren of Modesto got a notice from her insurance company stating they would not renew her home insurance policy, she was shocked to learn why. California insurance provider CSAA — part AAA’s insurance company — stated they discovered a “substantial increase in hazards” piling around her home. But they allegedly used aerial images from a drone to find it. “She said they ...

GooseHead Insurance (NASDAQ:GSHD) is one of the best financial pure plays under $100 according to Hedge Funds. On December 1, Jefferies analyst Andrew Andersen initiated coverage on GooseHead Insurance (NASDAQ:GSHD) with a Buy rating. The analyst has set a price target of $93 for the stock, representing almost 25% upside for investors. Opendoor (OPEN) Soars 14% as Firm Sets Sights on Crypto kurhan/Shutterstock.com Andersen noted GooseHead Insurance’s (NASDAQ:GSHD) strategic position and growth outlook ...

CBS Miami / YouTube Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. M. Friedman has paid for property insurance on his Coral Gables home for 17 years — but he’s now debating whether it’s still worth it in the face of rising insurance costs across Florida. "We're getting to a point now where it's really math," Friedman told CBS News Miami in July 2024 (1). Even with home upgrades he's made to lower his insurance costs, he’s still shelling out over $10, ...

Mergers and Acquisitions - The three largest insurance brokers, Marsh, Aon, and Arthur J. Gallagher, engaged in multi-billion-dollar acquisitions in 2024, indicating a strong trend in insurance M&A activity [1] - Brown & Brown announced an agreement to acquire Accession Risk Management, the parent company of Risk Strategies and One80 Intermediaries, for approximately $9.8 billion, making it a significant deal in 2025 [3] - Baldwin Group acquired CAC Group for about $1.03 billion, consisting of $438 million in cash and 23.2 million shares valued at $589 million [4] - WTW completed a late 2025 acquisition of Newfront for $1.3 billion, while South Korea's DB Insurance Co. agreed to buy Fortegra Group for $1.65 billion [5] - AIG acquired Everest's retail commercial insurance renewal rights and jointly acquired Convex Group with Onex Corp, while Sompo Holdings' subsidiary acquired Aspen Insurance Holdings for about $3.5 billion [6] Legal Issues and Lawsuits - Howden US faced multiple lawsuits from Aon, Marsh, WTW, and Brown & Brown over allegations of poaching employees and theft of trade secrets [7] - Marsh filed lawsuits against former employees who joined Howden US, as well as against Aon and Alliant for employee exits within its construction surety business [8] - The insurance industry is increasingly concerned about third-party litigation funding (TPLF), which is believed to drive up litigation costs and insurance premiums, prompting legislative attention [9][11] Industry Challenges - The impact of President Trump's import tariffs on the insurance industry has been a major concern, with potential increases in the cost of goods essential to the industry [12][13] - Liberty Mutual announced the discontinuation of the Safeco brand, which has been associated with independent agents since its acquisition in 2008 [14] Leadership Changes - John Neal's unexpected departure from AIG, where he was set to lead the General Insurance segment, raised concerns about leadership stability within the company [15][16] Regulatory and Program Updates - The National Flood Insurance Program (NFIP) faced a lapse in reauthorization, causing homeowners to consider private flood insurance options [18]

Core Insights - A registered nurse in California expressed frustration over her $100,000+ income not being sufficient to cover living expenses, leading her to move back in with her father [2][3] - The trend of migration from high-tax blue states like California and New York to lower-tax red states such as Florida and Texas is increasing, driven by high tax rates [4] - California's tax rate for individuals earning over $100,000 is 9.3%, while those earning over $1.3 million face a 12.3% tax rate [5][6] Taxation and Migration Trends - High tax rates in blue states are prompting individuals to consider relocating to states with no state income tax, such as Texas and Florida [8] - The rising cost of living in California is making tax savings a significant factor in the decision to move [8]

Once you file a home or auto insurance claim, your insurance company may provide a few recommendations for repair shops or contractors to tackle the cleanup and repair work. Insurance company referrals usually come from a preferred vendor network or preferred vendor program. This network includes service providers who have an arrangement with insurers to offer faster service, and sometimes, lower prices in exchange for steady referrals. Although this list can be helpful, especially when you’re already dea ...

Core Thesis - Lemonade, Inc. is positioned as an AI-native disruptor in the insurance industry, demonstrating rapid growth and disciplined cost control while expanding its customer base [2][3]. Customer Growth and Financial Performance - The company reached 2.69 million customers, adding 148,000 quarter-over-quarter, with in-force premiums (IFP) rising 29% year-over-year to $1.083 billion, exceeding guidance by $19 million [2]. - Operating expenses (excluding growth spend) remained flat, indicating progress towards an autonomous, AI-driven insurance platform [3]. - Loss ratios improved to 70% (TTM) from 79% the previous year, reflecting better underwriting precision and telematics adoption [3]. Strategic Initiatives and Market Position - The reduction in reinsurance reliance from 55% to 20% indicates growing confidence in the company's risk models and balance sheet strength, positioning it for faster top-line growth [4]. - European markets present significant opportunities due to higher telematics adoption and fragmented incumbents, while U.S. car insurance expansion is gaining traction with strong conversion rates [4]. Valuation and Future Outlook - Trading at approximately 10x FY26 gross profit for over 50% growth, Lemonade appears undervalued relative to its growth trajectory [5]. - Management raised FY25 guidance for IFP and revenue, reiterating the potential for EBITDA profitability by 2026, possibly earlier [3]. Historical Performance - The stock has appreciated approximately 156.70% since the previous bullish thesis coverage in April 2025, highlighting the company's resilience and growth potential [6].

Core Insights - The Allstate Corporation, based in Northbrook, Illinois, is a major player in the property and casualty insurance market, with a market capitalization of $55 billion and significant operations in the United States and Canada [1][2]. Company Performance - Allstate is the fourth-largest property and casualty insurer and the second-largest home insurance provider in the U.S., justifying its large-cap status [2]. - The stock reached an all-time high of $215.89 on November 21 and is currently trading 3.2% below that peak, with a 2.7% increase over the past three months, lagging behind the Dow Jones Industrial Average's 4.8% gains [3]. - Year-to-date, Allstate's stock has gained 8.4% and 2.2% over the past 52 weeks, underperforming compared to the Dow's 11.6% and 6% returns, respectively [4]. - Following the release of Q3 results on November 5, Allstate's stock rose 1.7%, driven by a 3.8% year-over-year increase in topline revenue to $17.3 billion and a remarkable 185.7% year-over-year increase in adjusted EPS to $11.17, surpassing consensus estimates by 36.2% [5]. Competitive Position - Allstate has slightly outperformed its peer, Chubb Limited, with YTD gains of 8.4% compared to Chubb's 6.6% and 1.6% returns over the past year [6]. - Among 23 analysts covering Allstate, the consensus rating is a "Moderate Buy," with a mean price target of $240.45, indicating a potential upside of 15.1% [6].

Financial Data and Key Metrics Changes - Revenues increased to $17.3 billion in Q3 2025, with year-to-date revenues up 5.8% to $50.3 billion compared to the prior year [3][9] - Net income for Q3 2025 was $3.7 billion, with adjusted net income at $3 billion or $11.17 per share, reflecting strong property liability results and higher investment income [3][10] - Return on equity for the last 12 months was 34.7% [3][21] Business Line Data and Key Metrics Changes - Property liability premiums increased by 6.1% in Q3 2025 and 7.4% year-to-date, driven by higher average premiums and policy-in-force growth [9] - Protection services saw a 12.7% increase in premiums compared to Q3 2024, with total policies in force growing to 209.5 million, a 3.8% increase year-over-year [9][12] - The protection services business generated $3.3 billion in revenue, with a 15% increase over the prior year quarter [12] Market Data and Key Metrics Changes - Auto insurance new business is evenly split between Allstate agents, independent agents, and direct sales, with significant growth across all channels [5] - The company is experiencing increased shopping activity in the auto insurance market, with a 9.3% increase compared to the same period in 2023 [16] Company Strategy and Development Direction - The company is focused on transformative growth to increase market share in property liability and expand customer protection offerings [3][4] - A new technology ecosystem utilizing applied artificial intelligence is being developed to enhance operational efficiency and customer experience [6][8] - The company aims to improve customer retention through personalized experiences and the SAVE program, which has helped over 5 million customers reduce premiums [5][17] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's capital position and flexibility in deploying capital for growth, share repurchases, or acquisitions [24][66] - The competitive landscape remains challenging, but the company has successfully maintained profitability and market share [54][56] - Inflationary pressures are being monitored, with management indicating a more controlled environment compared to previous periods [78][80] Other Important Information - The company has returned $1.6 billion to shareholders through dividends and share repurchases in 2025 [20][21] - The combined ratio for auto insurance has averaged 94.9 over the last decade, indicating consistent profitability [10][11] Q&A Session Summary Question: Capital management and liquidity at the holding company - Management discussed the flexibility of holding capital at the holding company level for various uses, including share repurchases and acquisitions [23][24] Question: Pricing trends excluding New York and New Jersey - Management indicated that overall pricing is adequate, with minimal rate increases needed, and will respond to loss trends as necessary [26][29] Question: Progress on artificial intelligence initiatives - Management highlighted the potential of AI to enhance customer service and operational efficiency, with ongoing development of the ALLI system [31][34] Question: Auto retention trends and strategies - Management noted that retention is being improved through personalized offerings and transitioning customers to new products [61][64] Question: Market dynamics and competition - Management acknowledged the competitive environment but expressed confidence in the company's ability to maintain profitability and market share [52][54] Question: Inflation outlook and its impact - Management discussed the current inflation environment, indicating it is more controlled, and emphasized the importance of monitoring its effects on various business aspects [75][78]