CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / News / Allstate Reports Revenue Up 6.1% in Fourth Quarter, Tax Cuts Save $506 Million

Allstate Reports Revenue Up 6.1% in Fourth Quarter, Tax Cuts Save $506 Million

February 9, 2018 By CollisionWeek Editor

Allstate brand auto net written premiums up 4.2 percent on growth in average premium. Accident frequency declined in the quarter.

The Allstate Corporation (NYSE: ALL) reported financial results for the fourth quarter of 2017. In the fourth quarter, the company reported revenue of $9.843 billion, up 6.1 percent from $9.278 billion in the fourth quarter of 2016. For the full year, Allstate reported $38.524 billion, up 5.4 percent from $36.534 billion in 2016.

Adjusted net income for the quarter was $762 million, down 5.6 percent from $807 million in the fourth quarter of 2016. For the full year, Allstate reported

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. 

Filed Under: News Tagged With: Allstate Insurance, Claim Frequency, Earnings

Connect

  • Email
  • Facebook
  • LinkedIn
  • RSS
  • Twitter
  • YouTube

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems BASF Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Collision Repair Education Foundation Coronavirus Diagnostics Donations Earnings Florida General Motors I-CAR Insurance Auto Auctions Lawsuits legislation LKQ Corporation Mitchell International National Auto Body Council Network Affiliations New Jersey New Vehicle Sales Non-OEM Parts Openings People PPG Industries Regulations Scholarships Service King Collision Repair Centers Texas United Kingdom Workforce Development

Recent Articles

  • U.S. Traffic Volume Declined in November Compared to 2021 January 27, 2023
  • Registration Open for Northeast Trade Show Education Programs January 27, 2023
  • MOTOR Announces TruTech Service Information Solution January 27, 2023
  • Heavy-Duty Scholarship Applications Available Through March 31 January 27, 2023
  • Nominations Open in TechForce Foundation’s 2023 FutureTechs Rock Awards January 27, 2023
  • NABC Members Put More than 300 Families on Road to Independence with Vehicle Donations Last Year January 26, 2023
  • Axalta 2022 Sales Up Over 10% Compared to 2021 January 26, 2023

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2023 - QuanDec Corporation - All Rights Reserved · Log in