The combined losses for major U.S. insurers AIG (AIG), Travelers (TRV), Chubb (CB) and Allstate (ALL) from the catastrophic ...

Allstate said the wildfires blazed through Southern California last month will bring the insurance company a sizable loss – ...

Just months before the Southern California wildfires, many insurance companies, including Allstate, backed out of the ...

The stock had slumped 25% after the fires to around $50 as investors made the small-cap company into a focused bet on ...

The Travelers Companies, Inc. (NYSE: TRV) announced Tuesday that it expects $1.7 billion in pretax catastrophe losses from the California wildfires that swept through the state in January. After taxes ...

U.S. primary insurer Allstate has estimated that its gross losses from the Los Angeles, California wildfires will be $2 ...

The main wildfires in California have subsided, but calculating the damages — both financial and emotional — is a challenge ...

Allstate is discovering soul-less generative AI models, made up of entirely data and code, are more empathetic than a lot of its human representatives. We recently published a list of 12 Best ...

"Tales of California residents finding it ever more expensive to get insurance are legion, assuming they can get it at all," ...

For the second time this year, Southern Californians are evacuating their homes as heavy rain threatens new destruction in ...

SACRAMENTO, Calif. (AP) — California's insurer for people without private coverage needs $1 billion more to pay out claims from LA fires.