The Allstate Corporation Earnings Recaps
Q3 2026
Nov 6, 2026
Allstate’s third-quarter results and outlook were broadly neutral for investors, with the stock down 0.4% after earnings. Policy growth and underwriting metrics were favorable, while the transcript provided no new forward guidance to indicate a change in the outlook.
Key takeaways
- Property-Liability policies grew 3.3% year over year.
- Adjusted underlying combined ratios were 91.4 for auto and 61.9 for homeowners.
- Adjusted net income was $2.5 billion, or $9.76 per common share; management cited higher investment income and protection-services results.
- New business reached 12.4 million items, up 125%, with volume equally split across exclusive agents, independent agents, and direct channels.
- AI deployment is expanding: Ask Allstate handled 15% of ASC auto chat volume, and the company plans to launch sales-related AI capabilities in early 2027.