Allstate Corporation (ALL)

Allstate's stock price has fluctuated in the past six months. Key events impacting the stock include catastrophe losses, rate increases and underwriting actions, divestitures, and legal events. In the first quarter of 2025, Allstate reported significant catastrophe losses, but also implemented rate increases to improve profitability. The company divested its Employer Voluntary Benefits Division and its employer stop loss segment. A class-action lawsuit in Arizona regarding Allstate Insurance Benefits was certified.

Demand seasonality for Allstate's products is influenced by weather patterns, with increased claims due to events like snow, heat, and catastrophic weather. Motorcycle and snowmobile insurance demand is seasonal, aligning with usage periods. General insurance sales may be influenced by annual renewals and financial planning cycles.

The Allstate Corporation is a major American insurance company operating in the United States and Canada. It provides a range of insurance products and services through three business segments: Allstate Protection, Allstate Financial, and Corporate and Other. Key products include auto, homeowners, life, and health insurance, as well as annuities, savings and investment products, protection plans, identity protection, and voluntary employee benefits. Allstate distributes its products through various channels, including exclusive agencies, independent agents, contact centers, and online platforms.

Allstate's primary geographic markets are in the United States, with personal line insurance operations in Canada. Allstate Protection Services businesses are expanding beyond the U.S., and Allstate Protection Plans are expanding internationally.

Allstate's brand reputation is influenced by its widely recognized slogan and commitment to security. Customer satisfaction has declined due to price increases. The company faces challenges from frequent catastrophic weather events and legal challenges, but emphasizes customer service and diversity.

Allstate's stock ownership is a mix of institutional investors, insiders, and retail investors. Institutional investors own approximately 59.99% of the company, with Vanguard Group Inc., BlackRock Inc., and State Street Corp being the largest shareholders. Insiders own approximately 1.61% of the company. Retail investors hold approximately 39.50% of the stock.