Allstate must accelerate auto rate hikes in H2 to reclaim margin target

15-09-2022

Allstate must accelerate auto rate hikes in H2 to reclaim margin target

US retail P&C insurer Allstate is increasing its rate hike demands for US automotive coverage in the second half of 2022 as it continues to play catch-up with runaway claims cost trend, CEO Tom Wilson told an equity market conference.


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