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Allstate Announces January 2024 Catastrophe Losses and Implemented Rates
February 16, 2024
NORTHBROOK, Illinois, Feb. 16 -- Allstate, a property and casualty insurance company, issued the following news release on Feb. 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 reestimate . . .

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