While premiums are growing, so are auto accidents.
The Allstate Corporation (ALL) yesterday reported financial results for the fourth quarter and full year 2015.
Auto insurance net premiums written for all three brands, Allstate, Esurance and Encompass, grew 5.1 percent to $20.7 billion in 2015 versus $19.7 billion in 2014. Allstate brand auto, the largest portion at $18.4 billion in 2015, grew by 5.4 percent. Esurance was up 5.1 percent to $1.6 billion in net written premiums. Encompass brand auto insurance net written premiums declined to $641 million, down 3.6 percent in 2015 versus $665 million in 2014.
Incurred auto
Subscribers need to be logged in to see rest of this article. Please Login to access. If you're not a subscriber, click here for information on our satisfaction guaranteed subscription options.