close
Edit Metric
Company
Value
Source
Source URL
Notes
Cancel
 
close
Edit  |  History
Details
Company:
Value :
Source:
Source URL:
Notes:
 
Feedback  |  FAQ
Get involved

Add a New Bears Reason

Company: Allstate (ALL)
Current price:
Headline: (100 character max)
Analysis:
Cancel
0%
agree
0 votes

edit Not always possible to shed risky policies

Part of Allstate's response to the 2005 hurricane season was to shed risky policies, but this has not always been possible. The government of Florida has required Allstate to continue to insure its clients for at least 100 days before terminating their policy, and threatens to take more severe action.

(100 character max) Cancel
0%
agree
0 votes

edit Major risk from asbestos

Allstate has purchased insurance to hedge out hurricane risk, but it faces major risk from asbestos. If policy holders discover their homes are contaminated with asbestos, Allstate is liable for paying them back, and this could be a major expense.

(100 character max) Cancel
0%
agree
0 votes

edit Limited potential for growth in sales or profits

Although Allstate is well-positioned to avoid catastrophe, it has limited potential for growth in sales or profits. It cannot benefit from a weak hurricane season because of its reinsurance, and it is too large to expand take on many more customers.

(100 character max) Cancel
The Shelf
Contributions
Help make Wikinvest better! Learn how to get involved. And create an account to build your reputation.
Did you know…?
Bookmarks
Worried about pump and dump?
We review changes
for stock spam
Want to make Wikinvest better?
We need your help,
contribute today
Do you write software?
We are recruiting
the best engineers
Like Wikinvest?
Spread the word —
Tell your friends!
Wikinvest © 2006, 2007, 2008. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki