First reported by Bars
Allstate Is Having a Quiet Catastrophe Year. Here's Why That Could Power a Strong Q2.
Allstate Vs. Progressive: Buy Allstate’s Deep-Value Multiple Not Progressive’s Premium Run
From the article
Allstate (NYSE:ALL) and Progressive (NYSE:PGR) just delivered Q1 2026 reports that inverted the recent pattern. Allstate’s underwriting engine rebounded sharply after last year’s California wildfire hit, while Progressive kept growing policies but couldn’t nudge its combined ratio lower. The valuation gap between the two now looks stretched, and the businesses behind the tickers are pulling ... Allstate Vs. Progressive: Buy Allstate’s Deep-Value Multiple Not Progressive’s Premium Run
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