EarningsAllstate's net catastrophe losses across April-July were approximately $2.7 billion, significantly impacting the company's financial performance.
LitigationThe United States Department of Justice filed a civil suit against Allstate's National General subsidiaries, alleging improper/unnecessary force-placed auto policies.
Stock PerformanceAllstate's stock fell approximately 5% after news of the DOJ civil suit broke, representing around $2.4 billion of market cap.