Allstate (ALL) Q4 Profit Rises 12% to $1.2B Amid Steady Claims

The insurance giant Allstate (ALL) reported Q4 profit up 12% to $1.2B, ending the period on December 31, 2025. Underwriting profit declined 2% to $1.1B, pressured by higher catastrophe losses and persistently low rates, while investment income rose 10% to $118M. CEO James B. Balsillie said the results reflect strong pricing and disciplined underwriting, with claims per policy remaining stable. The company reaffirmed 2026 earnings guidance of $1.45–$1.55 per share, up from $1.38–$1.48 in 2025.