Allstate to return $600M to customers as people drive less, file fewer insurance claims during pandemic

Because people are driving a lot less due to the coronavirus crisis and filing a lot fewer claims, Allstate Corp. said it will return $600 million to its customers. The Northbrook, Illinois-based insurance company (NYSE: ALL) said most of its customers will receive 15 percent of their monthly premium in April and May, totaling more than $600 million. Given an unprecedented decline in driving, customers will receive a Shelter-in-Place Payback of more than $600 million over the next two months.