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You are here: Home / News / Allstate Grew Auto Insurance Premiums and Policies in Force During Second Quarter

Allstate Grew Auto Insurance Premiums and Policies in Force During Second Quarter

August 3, 2018 By CollisionWeek Editor

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 logo“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

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Filed Under: News Tagged With: Allstate Insurance, Earnings

Comments

  1. jim.porcari@iripartners.com says

    August 3, 2018 at 10:50 am

    Allstate is the #4 Auto insurer in the US, not #3. Progressive is #3

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