Financial PerformanceALL reported Q1 EPS of $5.13, beating estimates with higher NII and lower tax and expense ratios, showcasing strong financial health.
Growth StrategyThe company is beginning to increase advertising and is unwinding underwriting restrictions in rate adequate states, signaling a strategy for growth.
Market PositionWith insurers actively seeking price hikes and regulators softening their stance, ALL remains a favored stock in the P&C sector with expectations of improved margins and healthy ROE.