Investor Presentation February 2026 Disclaimer This presentation contains forward-looking statements, within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact contained in this presentation, including statements regarding our future results of operations and financial position, business strategy and plans, and objectives of management for future operations, are forw ...

Core Insights - Allstate Canada reported a significant increase in water-related home insurance claims for 2025, highlighting a gap between risk awareness and preventive measures taken by homeowners [1][2]. Claims Data - Home insurance claims due to external water sources nearly doubled, increasing by 94% in 2025 compared to 2024, with water damage accounting for 24% of all home insurance claims in 2025 [2]. - From 2021 to 2025, water damage represented over 40% of all home insurance claims, with external water sources responsible for nearly one-third (31%) of all water-related claims during this period [2]. Risk Awareness and Prevention - A Léger survey indicated that while many Canadians recognize the risk of flooding, there is a lack of action to mitigate it, with 53% of respondents not planning to take any preventive measures for flooding this spring [3][5]. - Among those planning preventive actions, the most common step is clearing gutters and drains (26%), while only 17% intend to hire professionals for assistance, suggesting a potential underestimation of necessary preventive measures [5]. Recommendations for Homeowners - Allstate Canada encourages homeowners and renters to take proactive steps to reduce flooding risks, such as cleaning gutters, testing sump pumps, and communicating early with landlords about potential issues [4][6]. - Homeowners are advised to review their insurance policies to understand coverage for water damage and identify any gaps in optional coverage [6]. Survey Methodology - The Léger poll was conducted among 1,527 Canadians aged 18 and over, assessing their concerns about flooding and awareness of flood-related insurance coverage [5][7].

Allstate announces preferred dividends payable April 15, 2026 [Accessibility Statement] Skip NavigationNORTHBROOK, Ill., Feb. 20, 2026 /PRNewswire/ -- The Allstate Corporation (NYSE: ALL) declared approximately $29.3 million in aggregate dividends on three series of preferred stock for the dividend period from Jan. 15, 2026, through April 14, 2026. All the preferred dividends are payable in cash on April 15, 2026, to stockholders of record at the close of business on March 31, 2026, as follows:SeriesAnnual ...

Empty lots looking north from Laurel Drive in Altadena on Oct. 1. (Myung J. Chun / Los Angeles Times) A bill requiring insurers to offer coverage to California homeowners who make their property resistant to wildfires was introduced Wednesday in the Legislature. SB 1076, by state Sen. Sasha Renée Pérez (D-Alhambra), would require insurers to offer and renew coverage for any home that meets wildfire-safety standards adopted by the insurance commissioner starting Jan. 1, 2028. The Insurance Coverage for ...

Core Insights - The average tax refund is projected to increase from $3,052 in 2024 to $3,800 for the tax year 2025, highlighting the importance of strategic allocation of these funds [1]. Group 1: Emergency Fund - Financial experts recommend using tax refunds to build or enhance an emergency fund, with a suggested initial goal of $1,000, and ideally increasing it to cover three to six months of expenses [3][4]. - Suze Orman advises saving at least eight months of living expenses, especially in light of rising unemployment rates, emphasizing the need for a cash cushion [4]. Group 2: Insurance Premiums - Experts suggest using tax refunds to pay annual insurance premiums upfront, as many insurers offer discounts of 5% to 10% for full payments [5][6]. Group 3: Debt Repayment - Tax refunds can be effectively utilized to pay down existing debts, such as student loans and credit cards, potentially eliminating multiple debts with a single refund [7].

Core Viewpoint - Acorn Group, a UK specialist motor and home insurer, is exploring strategic options, including the potential sale of a controlling stake, amid increased M&A activity in the insurance sector [1][2]. Group 1: Company Overview - Acorn Group is known for insuring UK taxi drivers, particularly London's black cabs, and also provides coverage for vans, young drivers, and home insurance for unique situations such as properties at risk of flooding [4]. Group 2: Strategic Options - Shareholders of Acorn, including Inflexion Private Equity, are collaborating with Continuum Partners to assess interest from potential buyers, with a valuation target of £1 billion ($1.4 billion) or more [2]. - An initial public offering (IPO) is also being considered if a sale does not proceed, although discussions are ongoing and a deal may not be finalized [3]. Group 3: Market Context - The sale efforts occur during a period of heightened M&A activity in the UK insurance market, exemplified by Zurich Insurance Group's recent £8 billion acquisition of Beazley Plc and Ageas SA's acquisition of Esure for £1.3 billion [4].

Core Insights - Heavy snowstorms and ice in the Northeast are causing significant damage, including fallen trees impacting vehicles [1] - Many individuals mistakenly believe their insurance will cover damages from such incidents, but coverage can vary significantly [2] Insurance Coverage Insights - Standard auto insurance typically includes only liability coverage, which does not cover damage to the insured's own vehicle [5] - Drivers with only liability coverage are responsible for the full cost of repairs if their vehicle is damaged by falling branches or trees [6] - Homeowners' insurance generally does not cover vehicle damage, even if the vehicle is parked on the property [7] Liability and Negligence - The only potential coverage for vehicle damage from a fallen tree may arise if negligence can be proven, such as a property owner failing to maintain a dangerous tree [8]

Core Viewpoint - Allstate Corporation is experiencing positive momentum in its stock performance following strong earnings, despite some revenue shortfalls, and is committed to returning value to shareholders through increased dividends [1][2][4]. Group 1: Earnings Performance - Allstate reported an impressive earnings per share (EPS) of $14.31, exceeding the consensus estimate of $8.72 by $5.59 [2][3]. - The company's revenue for the quarter was $14.57 billion, which was below analyst estimates of $17.23 billion but still represented a 5.1% increase compared to the same period last year [3]. Group 2: Stock Performance - Allstate's stock reached a new 52-week high of $216.62 following the earnings announcement, with a trading volume of approximately 629,395 shares [2][6]. - The current stock price is $207.55, reflecting a decrease of 3.55% or $7.64, with fluctuations between a low of $205.40 and a high of $215.74 on the same day [5]. Group 3: Market Outlook - Goldman Sachs has set a new price target of $238 for Allstate, indicating a potential increase of 14.67% from its current trading price [1][6]. - The company's market capitalization is approximately $54.31 billion, with a trading volume of 2,325,151 shares on the NYSE [5]. Group 4: Dividend Announcement - Allstate announced an increase in its quarterly dividend to $1.08 per share, amounting to an annual dividend of $4.32, reflecting its commitment to returning value to shareholders [4][6].

Core Insights - The article emphasizes the importance of regularly updating insurance policies to avoid financial losses due to inadequate coverage when life changes occur or asset values increase [1][2]. Group 1: Coverage Management - It is crucial to revisit coverage limits before a loss occurs, especially after significant life changes such as marriage, having children, or home renovations, to prevent inadequate dwelling limits and insufficient liability coverage [2][3]. - Many individuals only realize the need for updated coverage after experiencing a traumatic event, highlighting the importance of proactive policy management [3]. Group 2: Coverage Enhancements - Adding endorsements that provide specific protections is essential, as opting for the cheapest insurance can lead to gaps in coverage when it is most needed [4]. - Recommended endorsements include replacement cost coverage for personal property, extended or guaranteed replacement cost on homeowners' policies, and umbrella liability coverage for households with significant assets [7]. Group 3: Verification of Coverage - It is a common mistake to assume coverage exists without verifying it, which can lead to expensive surprises when claims are denied [6]. - Many individuals mistakenly believe they are covered for various risks, such as water damage or home business activities, without explicit endorsements [6].

Core Insights - Horace Mann reported record core earnings per share (EPS) of $4.71 for 2025, with a 12.4% return on equity (ROE), attributed to unusually low catastrophe losses and strong performance across all business segments [3][7] - The company provided 2026 guidance for core EPS in the range of $4.20 to $4.50, indicating nearly 10% growth compared to normalized 2025 earnings [5][12] Financial Performance - The normalized core EPS for 2025 was approximately $3.95, which serves as a baseline for 2026 comparisons [1][7] - Total revenues increased by 7% year-over-year, with net premiums and contract deposits also rising over 7% [3][4] Segment Performance - Property & Casualty (P&C) segment showed significant improvement with a combined ratio of 84.3%, and core earnings of $112 million, more than double the previous year [6][8] - Life & Retirement segment core earnings rose 13% to $61 million, with record life sales up 21% year-over-year [6][9] - Supplemental & Group Benefits segment generated record sales, contributing 25% of core earnings, with core earnings reported at $59 million [9] Marketing and Distribution - The company expanded its distribution and marketing capabilities, achieving a 35% increase in unaided brand awareness from less than 10% the previous year [10] - New-business customer interactions increased by 37% in Q4, and distribution points rose by 15% [10][11] Capital Management - Horace Mann repurchased $21 million of shares in 2025, with an additional $50 million buyback authorization approved [16] - The company reported a tangible book value per share increase of over 9% year-over-year [16] Community Initiatives - In Q4, Horace Mann donated $5 million to the Horace Mann Educators Foundation, supporting various educational initiatives [17]