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Allstate Q3 Profit Falls 44.8% on Catastrophe and Investment Losses

Allstate reported its third-quarter 2026 results on November 4, 2026, with net income applicable to common shareholders falling 44.8% to $2.05 billion from $3.72 billion for the quarter ended September 30, 2026. Revenue edged up 0.5% to $17.35 billion, setting modest growth against a sharp earnings decline. Allstate attributed the…

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