Allstate, the fourth-largest auto insurer in the U.S., announced it achieved total revenue of $10.1 billion in the second quarter of 2018 up 2.9 percent compared to the prior year quarter. Property and casualty insurance premiums earned increased 5.5 percent.
“Allstate’s businesses continue to deliver excellent results, growth is accelerating and we are on pace to achieve 2018’s operating priorities,” said Tom Wilson, Chairman, President and Chief Executive Officer of The Allstate Corporation. “Net income increased to $637 million in the second quarter of 2018 and return on equity was 17.0 percent for the latest twelve months. Revenues rose to