Allstate Announces January 2024 Catastrophe Losses and Implemented Rates

NORTHBROOK, Ill., February 15, 2024 – The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of January of $276 million or $218 million, after-tax. Estimated January catastrophe losses of $325 million were primarily driven by two events that comprised approximately 80% of the losses, partially offset by favorable reserve reestimates for prior events. “Allstate continues … Read more

Allstate Announces Fourth Quarter 2023 Catastrophe Losses, Prior Year Reserve Reestimates, and December and Fourth Quarter 2023 Implemented Rates

NORTHBROOK, Ill., January 18, 2024 – The Allstate Corporation (NYSE: ALL) today announced fourth quarter estimated catastrophe losses, prior year reserve reestimates and implemented rates. Allstate’s estimated catastrophe losses were below the $150 million reporting threshold for December 2023. Total catastrophe losses for the fourth quarter were $68 million, pre-tax. Unfavorable prior year reserve reestimates, excluding catastrophes, … Read more

Allstate Announces October 2023 Implemented Rates

NORTHBROOK, Ill., November 16, 2023 – The Allstate Corporation (NYSE: ALL) today announced implemented auto and homeowners insurance rates for October 2023. “Allstate continued to implement significant auto and homeowners insurance rate actions as part of our comprehensive plan to improve profitability. Since the beginning of the year, rate increases for Allstate brand auto insurance have … Read more

Allstate Announces November 2023 Implemented Rates

NORTHBROOK, Ill., December 14, 2023 – The Allstate Corporation (NYSE: ALL) today announced implemented auto and homeowners insurance rates for November 2023. “Allstate continued to make progress on our comprehensive plan to improve profitability. Since the beginning of the year, rate increases for Allstate brand auto insurance have resulted in a premium impact of 11.4%, which … Read more