Allstate Corp
ALL: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$129.00 | Slcv | Nbwpwsnbg |
Allstate’s Captive Agent Model Is Out of Fashion
Business Strategy and Outlook
Pricing increases in the prepandemic period restored profitability in auto for Allstate, following a rise in claims driven by a multitude of factors ranging from low gas prices to distracted driving.