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NYSE:ALL 5 July 2025 - 22 May 2026

Allstate faces $870 million storm loss as growth outlook wobbles

Allstate faces $870 million storm loss as growth outlook wobbles

Allstate estimated $870 million in April catastrophe losses, mostly from two wind and hail events, with an after-tax cost of $687 million. Shares fell 3.4% Thursday after the disclosure. The April loss exceeded analyst expectations and last year’s figure, despite recent gains in earnings and policy growth. Allstate will stop monthly policy count disclosures after June, moving to quarterly reporting.
22 May 2026
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Progressive stock ticks higher today after SEC filing flags 87,755-share gift; what investors watch next

Progressive stock ticks higher today after SEC filing flags 87,755-share gift; what investors watch next

Progressive shares rose 0.7% to $230 Tuesday after a regulatory filing showed director Charles A. Davis donated 87,755 shares to a charitable foundation. The stock traded between $227.53 and $230.03 on volume of about 1 million shares. U.S. insurance stocks edged higher in thin year-end trading. Davis retained 250,222 shares after the transaction.
30 December 2025
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Allstate Homeowners Insurance Rate Hike in Illinois: What the 2026 Increase Means After State Farm’s 27% Jump

Allstate Homeowners Insurance Rate Hike in Illinois: What the 2026 Increase Means After State Farm’s 27% Jump

Allstate has filed to raise Illinois homeowners insurance rates by an average of 8.8% starting Feb. 24, 2026, affecting over 209,000 policyholders. The move follows State Farm’s 27% average increase in summer 2025. Both companies cite rising repair costs and severe weather. The rate hikes have intensified debate in Springfield over the state’s limited power to regulate insurance prices.
27 December 2025
Financial Services Stocks Outlook (Dec. 25, 2025): Bank Stocks, Insurance Shares and Fintech Enter 2026 With Rates, Regulation and Digital Payments in Focus

Financial Services Stocks Outlook (Dec. 25, 2025): Bank Stocks, Insurance Shares and Fintech Enter 2026 With Rates, Regulation and Digital Payments in Focus

The Dow and S&P 500 closed at record highs in the final U.S. session before Christmas, with financial stocks among the top performers. Central banks cut rates 32 times in 2025, fueling momentum for financials into 2026. Trading volumes were thin ahead of the holiday, and U.S. markets are closed Thursday for Christmas Day.
25 December 2025
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Could Black Friday 2025 Be Sears’ Last? Inside the Final Holiday Season of a Retail Icon

Could Black Friday 2025 Be Sears’ Last? Inside the Final Holiday Season of a Retail Icon

Sears enters Black Friday 2025 with only five full-line department stores left in the U.S., down from about 2,000 two decades ago. One of the remaining locations in Coral Gables, Florida, is slated for redevelopment. Industry analysts say this holiday season could be the 132-year-old retailer’s last as a significant brick-and-mortar presence. The last Sears in Puerto Rico closed in August.
28 November 2025
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Black Box AI Exposed: Hidden Algorithms, Risks, and Breakthroughs in 2025

Black Box AI Exposed: Hidden Algorithms, Risks, and Breakthroughs in 2025

Anthropic announced in May 2024 it had mapped millions of human-interpretable concepts inside its Claude AI model, offering an unprecedented look inside modern AI. The EU’s AI Act took effect the same year, mandating transparency for high-risk systems and imposing fines up to €30 million. Regulators fined Allstate $1.25 million in 2023 for AI bias, while flawed algorithms have triggered scandals in insurance, lending, and criminal justice.
5 July 2025
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Stock Market Today

  • IMF Research Questions Bonds as Safe Havens in Stock Market Crashes, Suggests Commodities ETFs
    June 28, 2026, 10:12 PM EDT. Recent IMF research reveals that bonds may no longer serve as reliable diversifiers during stock market downturns due to increased positive correlation with stocks since 2019. Traditional wisdom that bonds rise when stocks fall is challenged. Instead, adding commodities like precious metals could offer better portfolio protection. ETFs such as iShares Silver Trust (SLV), which tracks silver bullion and has returned 21.75% annually over five years, and VanEck Rare Earth and Strategic Metals ETF (REMX) provide exposure to these assets. Silver's sharp 147.9% gain in 2025 reflects inflation concerns and industrial demand but also comes with volatility, having dropped 50% since its January peak. Investors should weigh risks carefully when seeking diversification beyond stocks and bonds.

Latest articles

Trump-era loan caps could open door for private lenders in grad school market

Trump-era loan caps could open door for private lenders in grad school market

29 June 2026
July 1 federal loan caps slash Grad PLUS access, forcing many graduate and professional students to seek private loans; Sallie Mae projects up to 70% origination growth over several years, while SoFi reports record student-loan volume—investors now face a real-time test of how much demand shifts to private lenders as federal limits hit.
IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

29 June 2026
IREN Limited (NASDAQ:IREN) plunged 21.3% to $47.21 over five straight down days despite announcing a record $50M+ annual Warriors jersey deal, as investors focused on the company’s not fully contracted $4.4B target ARR and high short interest at 19.74% of float, with Friday’s close near the lowest analyst target.
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