Allstate Reports Revenue Growth, Higher Earnings, and Improved Underwriting
Allstate reported Q2 2026 net income of $3.2B and $18.6B in revenue, driven by 2.6% growth in policies in force and higher average homeowners premiums. Property-Liability earned premiums rose to $14.9B, while underwriting turned profitable with a combined ratio of 94.6, helped by lower catastrophe losses. Shareholders received $3.5B in cash returns over the last year.