Allstate announces april 2022 catastrophe losses and implemented auto rates

Northbrook, ill.--(business wire)--the allstate corporation (nyse: all) today announced estimated catastrophe losses for the month of april of $316 million or $250 million, after-tax. april catastrophe losses included fourteen events, primarily wind, hail and tornados in texas and the southeast, estimated at $299 million, plus unfavorable reserve reestimates for prior period events. “in keeping with the outlook shared last month of taking more rate increases than initially assumed in 2022, alls
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