All Insurers Need to Raise Premiums, Allstate CEO Says

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Allstate Corp. Chief Executive Officer Tom Wilson says all insurers are raising their premiums due to higher inflation that he says is not transitory. He speaks on "Bloomberg Markets."
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Funny how he didn't mention that Allstate will outsource everything possible in order to save money. Then raise rates for their customers! Disgusting

KimKong
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Lol all I’m hearing just because everyone is raising their prices … we want a piece of the pie and raise prices too !!! 🤣

kiathadiva
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I thought you all said inflation peaked in March?

DanielRicany
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Dump Allstate stock, insurance and then who’s gonna be the pig 🐖 on his analogy

cejomlk
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Who the heck buys Allstate? They are the worst.

eradicator
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Allstate has always been overpriced. Compare coverage to coverage with other large insurers… Geico, Progressive—Allstate loses to both.

thouyang