Allstate profits News

Allstate Corp., the largest publicly traded U.S. car and home insurer, said fourth-quarter profit fell on a surge in auto claims. Net income declined 41 percent to $489 million, or $1.18 a share, from $824 million, or $1.86, a year …

Allstate Corp., the largest publicly traded U.S. auto and home insurer, gained the most since August 2012 after profit beat analysts’ estimates. Allstate advanced 5.7 percent to $52.36 at 4:02 p.m. in New York, the biggest jump in the 81-company …