Allstate Corp. posted its largest quarterly profit since 2007, largely due to declining catastrophe costs, as well as higher policy sales from the acquisition of Esurance, an online insurance company. Allstate, the market’s biggest publicly traded insurance company, advanced a net income of $766 million, or about $1.53 per share. One year earlier, their income was [...]
Allstate Posts Best Quarter Since 2007 is a post from: The Inquisitr