- Allstate Corp reported a second quarter profit on Wednesday, driven by higher premiums, better returns from investments, and lower catastrophe losses.
Hopes of a soft landing for the economy have also boosted markets, which have hit record highs in 2024, increasing insurers' income from investments.Allstate's net investment income in the second quarter jumped to $712 million from $610 million a year earlier.Allstate reported a net profit of $301 million or $1.13 per share, in the three months ended June 30, compared to a loss of $1.39 billion or $5.29 per share last year.
Felix Dolci was putting on quite the performance during the Olympic men's all-around gymnastics final when a freak equipment malfunction left him bloodied.Texas Rangers are acting like they don’t need help when they desperately do