Allstate Announces May 2024 Catastrophe Losses
June 21, 2024
June 21, 2024
NORTHBROOK, Illinois, June 21 -- Allstate, a property and casualty insurance company, issued the following news release on June 20, 2024:
The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of May of $1.40 billion or $1.10 billion, after-tax.
Catastrophe losses included 14 events estimated at $1.48 billion, with approximately 70% of the losses related to five wind and hail events, primarily in Texas, Colorado and Illinois.
The Allstate Corporation (NYSE: ALL) today announced estimated catastrophe losses for the month of May of $1.40 billion or $1.10 billion, after-tax.
Catastrophe losses included 14 events estimated at $1.48 billion, with approximately 70% of the losses related to five wind and hail events, primarily in Texas, Colorado and Illinois.