Brown Donald Eugene

October 17, 2026

Allstate reports Q3 catastrophe losses and supports hurricane customers. Allstate disclosed estimated total catastrophe losses for the third quarter of $1.65 billion, or $1.3 billion after tax. The insurer also highlighted its assistance to customers affected by Hurricane Isaias, emphasizing continued claims support. Despite a broader market decline, Allstate’s shares rose, aligning with a sector‑wide gain in financial stocks observed later in the day.

October 17, 2026

NiSource signs 20-year, 1,100 MW power deal with Microsoft. NiSource has signed a 20-year agreement to supply 1,100 MW of power to a Microsoft data center campus in Indiana, with the contract running until 2048. The company projects this deal will generate $1.75 billion in customer savings. This long-term contract provides significant revenue visibility for the utility, particularly as demand for data center power grows.