Allstate brand auto net written premiums up 5.7 percent in 2018. Sees increase in total losses on newer vehicles due to increased part cost, technology and repair complexity.
The Allstate Corporation (NYSE: ALL) reported financial results for the fourth quarter and full year of 2018.
“Allstate continues to deliver strong operating results while building the future. The strategy to grow market share in personal protection is working with growth in auto and home insurance, workplace benefits and protection plans. We also expanded identity protection by acquiring InfoArmor. Full year revenues increased to $40.7 billion, excluding realized capital gains and losses.